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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 ($) | ||||||
2017 | 211,626 | 1 | 490,492 | 7 | 251,664 | 149,522 | 118,647 | 1,010,325 | 4.77 |
2018 | 221,749 | 1 | 45,395 | 12,939 | 58,334 | .26 | |||
2019 | 220,506 | 1 | 9,743 | 14,707 | 24,450 | .11 | |||
2020 | 248,534 | 2 | 254,920 | 5 | 57,553 | 74,560 | 36,724 | 423,757 | 1.71 |
2021 | 243,751 | 1 | 4,642 | 13,304 | 17,946 | .07 | |||
TOTAL | 1,146,166 | 3 | 745,412 | 15 | 368,997 | 224,082 | 196,321 | 1,534,812 | 1.34 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 24 | 0.972 | 31 | 0.367 | 1.34 |
PURE PREMIUM UNDERLYING PRESENT RATE | 76 | 1.104 | 69 | 0.570 | 1.67 |
PURE PREMIUM DERIVED BY FORMULA | 1.072 | 0.507 | 1.58 |