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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 ($) | ||||||
2017 | 102,027 | 3 | 8,097 | 13,956 | 22,053 | .22 | |||
2018 | 110,420 | 1 | 321,154 | 4 | 168,342 | 90,167 | 26,495 | 606,158 | 5.49 |
2019 | 90,057 | 2 | 60,936 | 53,011 | 113,947 | 1.27 | |||
2020 | 90,090 | 1 | 84,147 | 2 | 289,245 | 37,368 | 205,415 | 616,175 | 6.84 |
2021 | 97,329 | 5 | 8,857 | 17,976 | 26,833 | .28 | |||
TOTAL | 489,923 | 2 | 405,301 | 16 | 535,477 | 127,535 | 316,853 | 1,385,166 | 2.83 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 19 | 1.920 | 27 | 0.907 | 2.83 |
PURE PREMIUM UNDERLYING PRESENT RATE | 81 | 1.401 | 73 | 0.925 | 2.33 |
PURE PREMIUM DERIVED BY FORMULA | 1.500 | 0.920 | 2.42 |