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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 ($) | ||||||
2017 | 176,003 | 1 | 128,454 | 11 | 622,985 | 92,102 | 191,179 | 1,034,720 | 5.88 |
2018 | 176,019 | 5 | 558,625 | 6 | 57,282 | 77,524 | 33,579 | 727,010 | 4.13 |
2019 | 157,080 | 1 | 3,455 | 9,719 | 13,174 | .08 | |||
2020 | 185,175 | 3 | 135,391 | 130,281 | 265,672 | 1.43 | |||
2021 | 230,167 | 1 | 15,710 | 6 | 306,675 | 1,794 | 154,254 | 478,433 | 2.08 |
TOTAL | 924,444 | 7 | 702,789 | 27 | 1,125,788 | 171,420 | 519,012 | 2,519,009 | 2.72 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 25 | 1.978 | 30 | 0.747 | 2.73 |
PURE PREMIUM UNDERLYING PRESENT RATE | 75 | 1.548 | 70 | 0.669 | 2.22 |
PURE PREMIUM DERIVED BY FORMULA | 1.656 | 0.692 | 2.35 |