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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 ($) | ||||||
2017 | 1,260,024 | 7 | 62,711 | 86 | 1,952,834 | 62,865 | 1,169,676 | 3,248,086 | 2.58 |
2018 | 1,330,636 | 15 | 1,369,224 | 64 | 1,255,440 | 527,318 | 1,040,767 | 4,192,749 | 3.15 |
2019 | 1,239,125 | 19 | 2,033,222 | 58 | 1,074,668 | 967,586 | 555,453 | 4,630,929 | 3.74 |
2020 | 973,814 | 19 | 1,511,233 | 53 | 988,740 | 725,389 | 816,098 | 4,041,460 | 4.15 |
2021 | 1,410,918 | 21 | 1,208,372 | 81 | 1,914,756 | 534,133 | 1,415,441 | 5,072,702 | 3.60 |
TOTAL | 6,214,517 | 81 | 6,184,762 | 342 | 7,186,438 | 2,817,291 | 4,997,435 | 21,185,926 | 3.41 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 60 | 2.152 | 80 | 1.257 | 3.41 |
PURE PREMIUM UNDERLYING PRESENT RATE | 40 | 2.004 | 20 | 1.116 | 3.12 |
PURE PREMIUM DERIVED BY FORMULA | 2.093 | 1.229 | 3.32 |