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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 ($) | ||||||
2017 | 189,021 | 1 | 222,759 | 11 | 52,868 | 43,741 | 62,549 | 381,917 | 2.02 |
2018 | 165,386 | 3 | 174,179 | 8 | 117,585 | 100,946 | 66,136 | 458,846 | 2.77 |
2019 | 189,488 | 5 | 78,879 | 164,747 | 243,626 | 1.29 | |||
2020 | 196,523 | 1 | 137,898 | 8 | 85,924 | 39,915 | 49,894 | 313,631 | 1.60 |
2021 | 258,421 | 2 | 130,500 | 16 | 1,097,038 | 59,681 | 142,102 | 1,429,321 | 5.53 |
TOTAL | 998,839 | 7 | 665,336 | 48 | 1,432,294 | 244,283 | 485,428 | 2,827,341 | 2.83 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 32 | 2.100 | 43 | 0.731 | 2.83 |
PURE PREMIUM UNDERLYING PRESENT RATE | 68 | 2.574 | 57 | 1.456 | 4.03 |
PURE PREMIUM DERIVED BY FORMULA | 2.422 | 1.144 | 3.57 |