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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 ($) | ||||||
2017 | 46,857 | 1 | 2,585 | 3,379 | 5,964 | .13 | |||
2018 | 49,893 | 1 | 219,870 | 2 | 13,031 | 23,609 | 24,780 | 281,290 | 5.64 |
2019 | 51,896 | 1 | 18,982 | 31,874 | 50,856 | .98 | |||
2020 | 60,538 | 1 | 111,760 | 1 | 2,235 | 107,282 | 10,147 | 231,424 | 3.82 |
2021 | 71,605 | ||||||||
TOTAL | 280,789 | 2 | 331,630 | 5 | 36,833 | 130,891 | 70,180 | 569,534 | 2.03 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 16 | 1.312 | 24 | 0.716 | 2.03 |
PURE PREMIUM UNDERLYING PRESENT RATE | 84 | 1.784 | 76 | 1.244 | 3.03 |
PURE PREMIUM DERIVED BY FORMULA | 1.708 | 1.117 | 2.83 |