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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 ($) | ||||||
2017 | 160,322 | 1 | 376 | 14 | 445,322 | 3,528 | 182,046 | 631,272 | 3.94 |
2018 | 171,467 | 6 | 294,760 | 10 | 269,773 | 139,141 | 152,248 | 855,922 | 4.99 |
2019 | 145,921 | 2 | 121,095 | 4 | 55,277 | 34,005 | 28,525 | 238,902 | 1.64 |
2020 | 151,099 | 6 | 1,189,909 | 6 | 166,388 | 257,382 | 71,685 | 1,685,364 | 11.15 |
2021 | 148,311 | 4 | 538,470 | 8 | 281,645 | 71,458 | 117,515 | 1,009,088 | 6.80 |
TOTAL | 777,120 | 19 | 2,144,610 | 42 | 1,218,405 | 505,514 | 552,019 | 4,420,548 | 5.69 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 33 | 4.328 | 40 | 1.361 | 5.69 |
PURE PREMIUM UNDERLYING PRESENT RATE | 67 | 3.532 | 60 | 1.633 | 5.17 |
PURE PREMIUM DERIVED BY FORMULA | 3.795 | 1.524 | 5.32 |