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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 ($) | ||||||
2017 | 492,742 | 4 | 457,659 | 8 | 258,151 | 426,189 | 159,825 | 1,301,824 | 2.64 |
2018 | 493,136 | 1 | 66,368 | 6 | 364,351 | 21,245 | 266,056 | 718,020 | 1.46 |
2019 | 456,987 | 1 | 943 | 10 | 388,552 | 1,411 | 147,656 | 538,562 | 1.18 |
2020 | 440,164 | 11 | 229,722 | 133,582 | 363,304 | .83 | |||
2021 | 526,107 | 7 | 385,449 | 173,240 | 558,689 | 1.06 | |||
TOTAL | 2,409,136 | 6 | 524,970 | 42 | 1,626,225 | 448,845 | 880,359 | 3,480,399 | 1.44 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 28 | 0.893 | 39 | 0.552 | 1.45 |
PURE PREMIUM UNDERLYING PRESENT RATE | 72 | 0.761 | 61 | 0.485 | 1.25 |
PURE PREMIUM DERIVED BY FORMULA | 0.798 | 0.511 | 1.31 |