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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 ($) | ||||||
2017 | 423,060 | 1 | 131,022 | 1 | 5,002 | 28,387 | 710 | 165,121 | .39 |
2018 | 422,614 | 2 | 21,153 | 15,358 | 36,511 | .09 | |||
2019 | 391,098 | 2 | 4,617 | 14,351 | 18,968 | .05 | |||
2020 | 249,453 | 1 | 3,320 | 2 | 577 | 1,155 | 5,473 | 10,525 | .04 |
2021 | 345,954 | 1 | 126,387 | 1 | 765 | 108,303 | 1,645 | 237,100 | .69 |
TOTAL | 1,832,179 | 3 | 260,729 | 8 | 32,114 | 137,845 | 37,537 | 468,225 | .26 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 19 | 0.160 | 23 | 0.096 | 0.26 |
PURE PREMIUM UNDERLYING PRESENT RATE | 81 | 0.413 | 77 | 0.168 | 0.58 |
PURE PREMIUM DERIVED BY FORMULA | 0.365 | 0.151 | 0.52 |