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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 ($) | ||||||
2017 | 97,051 | 2 | 24,759 | 11,422 | 36,181 | .37 | |||
2018 | 97,782 | 3 | 81,169 | 2 | 46,743 | 38,828 | 22,834 | 189,574 | 1.94 |
2019 | 75,928 | 3 | 92,764 | 24,664 | 117,428 | 1.55 | |||
2020 | 68,831 | 2 | 220,260 | 5 | 68,420 | 85,148 | 56,232 | 430,060 | 6.25 |
2021 | 83,270 | 2 | 5,802 | 8,251 | 14,053 | .17 | |||
TOTAL | 422,862 | 5 | 301,429 | 14 | 238,488 | 123,976 | 123,403 | 787,296 | 1.86 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 20 | 1.277 | 25 | 0.585 | 1.86 |
PURE PREMIUM UNDERLYING PRESENT RATE | 80 | 1.880 | 75 | 0.883 | 2.76 |
PURE PREMIUM DERIVED BY FORMULA | 1.759 | 0.809 | 2.57 |