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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 ($) | ||||||
2017 | 394,311 | 5 | 515,055 | 18 | 456,065 | 179,057 | 253,305 | 1,403,482 | 3.56 |
2018 | 490,323 | 6 | 1,005,720 | 25 | 322,487 | 577,754 | 668,578 | 2,574,539 | 5.25 |
2019 | 455,077 | 3 | 46,893 | 27 | 1,066,257 | 34,710 | 445,531 | 1,593,391 | 3.50 |
2020 | 401,744 | 4 | 449,409 | 14 | 332,607 | 203,361 | 175,387 | 1,160,764 | 2.89 |
2021 | 538,357 | 1 | 98,324 | 13 | 206,264 | 50,088 | 142,545 | 497,221 | .92 |
TOTAL | 2,279,812 | 19 | 2,115,401 | 97 | 2,383,680 | 1,044,970 | 1,685,346 | 7,229,397 | 3.17 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 43 | 1.973 | 63 | 1.198 | 3.17 |
PURE PREMIUM UNDERLYING PRESENT RATE | 57 | 2.482 | 37 | 1.693 | 4.18 |
PURE PREMIUM DERIVED BY FORMULA | 2.263 | 1.381 | 3.64 |