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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 ($) | ||||||
2017 | 1,117,792 | 7 | 375,826 | 26 | 526,869 | 177,283 | 342,882 | 1,422,860 | 1.27 |
2018 | 1,242,314 | 7 | 709,375 | 29 | 442,826 | 376,300 | 404,335 | 1,932,836 | 1.56 |
2019 | 1,207,649 | 10 | 882,120 | 18 | 1,149,862 | 588,203 | 664,871 | 3,285,056 | 2.72 |
2020 | 1,066,273 | 3 | 241,877 | 13 | 137,049 | 152,039 | 189,410 | 720,375 | .68 |
2021 | 1,295,935 | 4 | 175,842 | 19 | 590,800 | 82,138 | 323,361 | 1,172,141 | .90 |
TOTAL | 5,929,963 | 31 | 2,385,040 | 105 | 2,847,406 | 1,375,963 | 1,924,859 | 8,533,268 | 1.44 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 44 | 0.882 | 59 | 0.557 | 1.44 |
PURE PREMIUM UNDERLYING PRESENT RATE | 56 | 1.009 | 41 | 0.559 | 1.57 |
PURE PREMIUM DERIVED BY FORMULA | 0.953 | 0.558 | 1.51 |