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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 ($) | ||||||
2017 | 48,643 | 1 | 143 | 1,142 | 1,285 | .03 | |||
2018 | 61,762 | 1 | 87,487 | 27,171 | 114,658 | 1.86 | |||
2019 | 52,858 | 2 | 99,331 | 2 | 2,190 | 105,312 | 6,757 | 213,590 | 4.04 |
2020 | 68,468 | 2 | 135,383 | 1 | 244,002 | 37,148 | 40,224 | 456,757 | 6.67 |
2021 | 73,315 | 3 | 269,776 | 69,476 | 339,252 | 4.63 | |||
TOTAL | 305,046 | 4 | 234,714 | 8 | 603,598 | 142,460 | 144,770 | 1,125,542 | 3.69 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 19 | 2.748 | 27 | 0.942 | 3.69 |
PURE PREMIUM UNDERLYING PRESENT RATE | 81 | 2.231 | 73 | 1.520 | 3.75 |
PURE PREMIUM DERIVED BY FORMULA | 2.329 | 1.364 | 3.69 |