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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 ($) | ||||||
2017 | 4,474,733 | 27 | 4,000,040 | 126 | 5,185,708 | 1,884,202 | 2,859,898 | 13,929,848 | 3.11 |
2018 | 4,787,587 | 46 | 5,920,378 | 147 | 8,245,183 | 3,372,704 | 3,788,548 | 21,326,813 | 4.45 |
2019 | 4,863,949 | 32 | 4,511,220 | 130 | 5,254,574 | 1,946,866 | 2,687,484 | 14,400,144 | 2.96 |
2020 | 4,855,380 | 40 | 7,091,479 | 128 | 5,721,545 | 2,943,363 | 2,935,967 | 18,692,354 | 3.85 |
2021 | 5,758,373 | 35 | 5,644,991 | 124 | 5,826,588 | 3,269,191 | 3,395,477 | 18,136,247 | 3.15 |
TOTAL | 24,740,022 | 180 | 27,168,108 | 655 | 30,233,598 | 13,416,326 | 15,667,374 | 86,485,406 | 3.50 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 2.320 | 100 | 1.176 | 3.50 |
PURE PREMIUM UNDERLYING PRESENT RATE | 2.415 | 1.189 | 3.60 | ||
PURE PREMIUM DERIVED BY FORMULA | 2.320 | 1.176 | 3.50 |