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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 ($) | ||||||
2017 | 1,399,106 | 8 | 1,005,517 | 52 | 1,329,573 | 64,213 | 1,877,363 | 4,276,666 | 3.06 |
2018 | 1,493,348 | 4 | 250,599 | 62 | 1,216,436 | 89,662 | 2,136,580 | 3,693,277 | 2.47 |
2019 | 1,560,091 | 6 | 361,710 | 27 | 826,430 | 179,972 | 1,741,344 | 3,109,456 | 1.99 |
2020 | 1,191,927 | 7 | 343,766 | 30 | 1,233,632 | 118,708 | 1,554,037 | 3,250,143 | 2.73 |
2021 | 1,540,663 | 5 | 178,679 | 31 | 1,520,337 | 240,831 | 2,737,908 | 4,677,755 | 3.04 |
TOTAL | 7,185,135 | 30 | 2,140,271 | 202 | 6,126,408 | 693,386 | 10,047,232 | 19,007,297 | 2.65 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 51 | 1.151 | 92 | 1.495 | 2.65 |
PURE PREMIUM UNDERLYING PRESENT RATE | 49 | 1.164 | 8 | 1.381 | 2.55 |
PURE PREMIUM DERIVED BY FORMULA | 1.157 | 1.486 | 2.64 |