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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 ($) | ||||||
2017 | 5,304,798 | 32 | 7,297,907 | 138 | 6,674,870 | 3,253,195 | 3,649,115 | 20,875,087 | 3.94 |
2018 | 5,652,668 | 28 | 4,876,588 | 122 | 6,776,193 | 2,200,373 | 4,973,933 | 18,827,087 | 3.33 |
2019 | 5,941,734 | 48 | 9,979,888 | 110 | 8,170,420 | 5,347,766 | 4,792,963 | 28,291,037 | 4.76 |
2020 | 5,987,498 | 44 | 10,421,286 | 112 | 10,277,979 | 6,723,973 | 5,639,551 | 33,062,789 | 5.52 |
2021 | 6,733,622 | 49 | 11,577,702 | 107 | 9,391,819 | 8,515,186 | 4,685,123 | 34,169,830 | 5.07 |
TOTAL | 29,620,320 | 201 | 44,153,371 | 589 | 41,291,281 | 26,040,493 | 23,740,685 | 135,225,830 | 4.57 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 2.885 | 100 | 1.681 | 4.57 |
PURE PREMIUM UNDERLYING PRESENT RATE | 3.018 | 1.600 | 4.62 | ||
PURE PREMIUM DERIVED BY FORMULA | 2.885 | 1.681 | 4.57 |