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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 ($) | ||||||
2017 | 443,896 | 7 | 1,033,139 | 24 | 529,102 | 242,001 | 389,768 | 2,194,010 | 4.94 |
2018 | 455,063 | 7 | 453,862 | 35 | 821,323 | 683,653 | 720,807 | 2,679,645 | 5.89 |
2019 | 446,346 | 2 | 79,025 | 16 | 446,188 | 43,797 | 247,022 | 816,032 | 1.83 |
2020 | 476,208 | 4 | 583,530 | 16 | 583,904 | 230,797 | 457,454 | 1,855,685 | 3.90 |
2021 | 567,020 | 1 | 60,724 | 12 | 1,162,639 | 31,845 | 364,518 | 1,619,726 | 2.86 |
TOTAL | 2,388,533 | 21 | 2,210,280 | 103 | 3,543,156 | 1,232,093 | 2,179,569 | 9,165,098 | 3.84 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 45 | 2.409 | 68 | 1.428 | 3.84 |
PURE PREMIUM UNDERLYING PRESENT RATE | 55 | 2.643 | 32 | 1.913 | 4.56 |
PURE PREMIUM DERIVED BY FORMULA | 2.538 | 1.583 | 4.12 |