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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 ($) | ||||||
2017 | 166,284 | 2 | 225,875 | 7 | 54,908 | 171,917 | 42,602 | 495,302 | 2.98 |
2018 | 176,228 | 3 | 532,802 | 4 | 207,593 | 340,709 | 132,138 | 1,213,242 | 6.88 |
2019 | 205,889 | 7 | 863,789 | 2 | 3,368 | 533,924 | 3,159 | 1,404,240 | 6.82 |
2020 | 189,210 | 2 | 96,503 | 5 | 384,099 | 58,112 | 176,157 | 714,871 | 3.78 |
2021 | 194,144 | 7 | 1,394,826 | 6 | 216,514 | 970,433 | 161,200 | 2,742,973 | 14.13 |
TOTAL | 931,755 | 21 | 3,113,795 | 24 | 866,482 | 2,075,095 | 515,256 | 6,570,628 | 7.05 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 41 | 4.272 | 55 | 2.780 | 7.05 |
PURE PREMIUM UNDERLYING PRESENT RATE | 59 | 5.359 | 45 | 2.871 | 8.23 |
PURE PREMIUM DERIVED BY FORMULA | 4.913 | 2.821 | 7.73 |