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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 ($) | ||||||
2017 | 496,566 | 2 | 17,054 | 4 | 31,546 | 27,864 | 48,794 | 125,258 | .25 |
2018 | 538,293 | 1 | 98,101 | 3 | 13,655 | 98,212 | 28,746 | 238,714 | .44 |
2019 | 532,606 | 3 | 14,619 | 14,643 | 29,262 | .05 | |||
2020 | 424,041 | 1 | 316,759 | 3 | 34,583 | 58,599 | 105,191 | 515,132 | 1.21 |
2021 | 365,401 | 1 | 404,292 | 4 | 36,461 | 185,715 | 31,818 | 658,286 | 1.80 |
TOTAL | 2,356,907 | 5 | 836,206 | 17 | 130,864 | 370,390 | 229,192 | 1,566,652 | .66 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 29 | 0.410 | 38 | 0.254 | 0.66 |
PURE PREMIUM UNDERLYING PRESENT RATE | 71 | 0.839 | 62 | 0.448 | 1.29 |
PURE PREMIUM DERIVED BY FORMULA | 0.715 | 0.374 | 1.09 |