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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 ($) | ||||||
2017 | 4,741,191 | 74 | 15,094,066 | 203 | 12,870,475 | 8,959,120 | 8,371,611 | 45,295,272 | 9.55 |
2018 | 4,838,690 | 81 | 16,926,535 | 222 | 14,455,661 | 15,518,621 | 8,454,183 | 55,355,000 | 11.44 |
2019 | 4,662,192 | 101 | 23,909,148 | 147 | 8,463,936 | 16,553,133 | 5,034,923 | 53,961,140 | 11.57 |
2020 | 4,906,083 | 100 | 26,916,252 | 154 | 12,316,081 | 17,169,881 | 7,258,296 | 63,660,510 | 12.98 |
2021 | 5,409,312 | 118 | 25,323,874 | 153 | 10,813,707 | 16,970,263 | 6,437,592 | 59,545,436 | 11.01 |
TOTAL | 24,557,468 | 474 | 108,169,875 | 879 | 58,919,860 | 75,171,018 | 35,556,605 | 277,817,358 | 11.31 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 6.804 | 100 | 4.509 | 11.31 |
PURE PREMIUM UNDERLYING PRESENT RATE | 5.979 | 3.991 | 9.97 | ||
PURE PREMIUM DERIVED BY FORMULA | 6.804 | 4.509 | 11.31 |