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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 ($) | ||||||
2017 | 440,359 | 1 | 39 | 16 | 170,757 | 102 | 101,112 | 272,010 | .62 |
2018 | 425,004 | 4 | 371,147 | 12 | 153,798 | 86,410 | 209,440 | 820,795 | 1.93 |
2019 | 478,525 | 4 | 465,209 | 14 | 176,310 | 119,576 | 243,245 | 1,004,340 | 2.10 |
2020 | 330,510 | 1 | 79,771 | 20 | 216,688 | 26,335 | 123,869 | 446,663 | 1.35 |
2021 | 545,150 | 6 | 138,014 | 14 | 324,930 | 110,246 | 298,661 | 871,851 | 1.60 |
TOTAL | 2,219,548 | 16 | 1,054,180 | 76 | 1,042,483 | 342,669 | 976,327 | 3,415,659 | 1.54 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 30 | 0.945 | 46 | 0.594 | 1.54 |
PURE PREMIUM UNDERLYING PRESENT RATE | 70 | 1.009 | 54 | 0.784 | 1.79 |
PURE PREMIUM DERIVED BY FORMULA | 0.990 | 0.697 | 1.69 |