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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 ($) | ||||||
2017 | 26,689,407 | 222 | 18,960,497 | 793 | 24,380,473 | 10,993,792 | 13,556,590 | 67,891,352 | 2.54 |
2018 | 25,882,727 | 261 | 24,553,917 | 873 | 32,221,412 | 11,841,198 | 17,263,608 | 85,880,135 | 3.32 |
2019 | 23,513,234 | 196 | 20,866,298 | 676 | 25,876,957 | 10,200,013 | 12,108,514 | 69,051,782 | 2.94 |
2020 | 12,759,442 | 77 | 6,140,079 | 291 | 7,819,928 | 3,303,602 | 4,447,095 | 21,710,704 | 1.70 |
2021 | 20,875,522 | 166 | 16,649,134 | 481 | 15,291,116 | 6,856,528 | 8,052,095 | 46,848,873 | 2.24 |
TOTAL | 109,720,332 | 922 | 87,169,925 | 3,114 | 105,589,886 | 43,195,133 | 55,427,902 | 291,382,846 | 2.66 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 1.757 | 100 | 0.899 | 2.66 |
PURE PREMIUM UNDERLYING PRESENT RATE | 1.708 | 0.882 | 2.59 | ||
PURE PREMIUM DERIVED BY FORMULA | 1.757 | 0.899 | 2.66 |