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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 ($) | ||||||
2017 | 411,004 | 5 | 147,165 | 14 | 726,733 | 102,929 | 271,648 | 1,248,475 | 3.04 |
2018 | 586,372 | 7 | 1,423,356 | 14 | 273,305 | 584,624 | 95,995 | 2,377,280 | 4.05 |
2019 | 604,654 | 6 | 382,222 | 11 | 258,439 | 289,660 | 299,220 | 1,229,541 | 2.03 |
2020 | 657,145 | 7 | 955,307 | 15 | 810,300 | 409,604 | 324,272 | 2,499,483 | 3.80 |
2021 | 767,088 | 4 | 448,495 | 30 | 1,098,462 | 144,817 | 700,315 | 2,392,089 | 3.12 |
TOTAL | 3,026,263 | 29 | 3,356,545 | 84 | 3,167,239 | 1,531,634 | 1,691,450 | 9,746,868 | 3.22 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 41 | 2.156 | 59 | 1.065 | 3.22 |
PURE PREMIUM UNDERLYING PRESENT RATE | 59 | 1.660 | 41 | 1.056 | 2.72 |
PURE PREMIUM DERIVED BY FORMULA | 1.863 | 1.061 | 2.92 |