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Class Code Pure Premium
POLICY YEAR | PAYROLL (IN HUNDREDS) ($) | IND LIKELY LOSES | IND NOT-LIKELY LOSSES | MEDICAL LIKELY LOSSES ($) | MEDICAL NOT-LIKELY LOSSES ($) | TOTAL LOSSES ($) | TOTAL PURE PREMIUM ($) | ||
---|---|---|---|---|---|---|---|---|---|
# CASES | AMOUNT ($) | # CASES | AMOUNT ($) | ||||||
2017 | 20,444,403 | 93 | 7,334,590 | 227 | 7,565,162 | 4,797,322 | 5,869,458 | 25,566,532 | 1.25 |
2018 | 22,387,326 | 107 | 9,848,580 | 253 | 7,745,719 | 5,469,355 | 4,883,190 | 27,946,844 | 1.25 |
2019 | 22,659,485 | 124 | 12,867,906 | 199 | 6,318,121 | 5,956,550 | 3,777,299 | 28,919,876 | 1.28 |
2020 | 16,395,244 | 80 | 7,159,625 | 133 | 4,773,724 | 4,518,299 | 2,737,991 | 19,189,639 | 1.17 |
2021 | 24,144,213 | 94 | 9,852,567 | 213 | 7,033,081 | 6,219,023 | 4,404,327 | 27,508,998 | 1.14 |
TOTAL | 106,030,671 | 498 | 47,063,268 | 1,025 | 33,435,807 | 26,960,549 | 21,672,265 | 129,131,889 | 1.22 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 0.759 | 100 | 0.459 | 1.22 |
PURE PREMIUM UNDERLYING PRESENT RATE | 0.747 | 0.447 | 1.19 | ||
PURE PREMIUM DERIVED BY FORMULA | 0.759 | 0.459 | 1.22 |