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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 ($) | ||||||
2017 | 936,006 | 19 | 257,961 | 240,824 | 498,785 | .53 | |||
2018 | 963,172 | 1 | 62,567 | 19 | 354,601 | 10,319 | 273,067 | 700,554 | .73 |
2019 | 870,333 | 2 | 8,965 | 15 | 123,224 | 30,986 | 183,407 | 346,582 | .40 |
2020 | 726,769 | 1 | 5,955 | 8 | 116,577 | 27,951 | 117,429 | 267,912 | .37 |
2021 | 939,086 | 6 | 590,231 | 20 | 271,236 | 259,144 | 391,264 | 1,511,875 | 1.61 |
TOTAL | 4,435,366 | 10 | 667,718 | 81 | 1,123,599 | 328,400 | 1,205,991 | 3,325,708 | .75 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 26 | 0.404 | 42 | 0.346 | 0.75 |
PURE PREMIUM UNDERLYING PRESENT RATE | 74 | 0.363 | 58 | 0.311 | 0.67 |
PURE PREMIUM DERIVED BY FORMULA | 0.374 | 0.326 | 0.70 |