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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 ($) | ||||||
2017 | 52,782 | 5 | 54,362 | 17,408 | 71,770 | 1.36 | |||
2018 | 70,449 | 1 | 3,814 | 6,230 | 10,044 | .14 | |||
2019 | 69,726 | 4 | 292,673 | 96,168 | 388,841 | 5.58 | |||
2020 | 66,032 | 3 | 55,095 | 25,630 | 80,725 | 1.22 | |||
2021 | 77,083 | 2,562 | 2,562 | .03 | |||||
TOTAL | 336,072 | 13 | 405,944 | 147,998 | 553,942 | 1.65 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 18 | 1.208 | 24 | 0.440 | 1.65 |
PURE PREMIUM UNDERLYING PRESENT RATE | 82 | 1.910 | 76 | 0.991 | 2.90 |
PURE PREMIUM DERIVED BY FORMULA | 1.784 | 0.859 | 2.64 |