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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 ($) | ||||||
2017 | 853,422 | 13 | 989,328 | 53 | 1,897,924 | 73,911 | 1,165,974 | 4,127,137 | 4.84 |
2018 | 823,423 | 11 | 641,049 | 61 | 2,156,289 | 122,817 | 1,346,367 | 4,266,522 | 5.18 |
2019 | 952,106 | 15 | 558,903 | 116 | 3,321,758 | 83,790 | 2,128,092 | 6,092,543 | 6.40 |
2020 | 846,521 | 3 | 526,977 | 16 | 447,454 | 27,449 | 638,728 | 1,640,608 | 1.94 |
2021 | 1,008,440 | 4 | 189,182 | 28 | 861,113 | 67,540 | 1,593,449 | 2,711,284 | 2.69 |
TOTAL | 4,483,912 | 46 | 2,905,439 | 274 | 8,684,538 | 375,507 | 6,872,610 | 18,838,094 | 4.20 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 59 | 2.585 | 82 | 1.616 | 4.20 |
PURE PREMIUM UNDERLYING PRESENT RATE | 41 | 2.723 | 18 | 1.632 | 4.36 |
PURE PREMIUM DERIVED BY FORMULA | 2.642 | 1.619 | 4.26 |