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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 ($) | ||||||
2017 | 1,755,639 | 12 | 774,108 | 78 | 2,604,394 | 481,919 | 1,474,826 | 5,335,247 | 3.04 |
2018 | 2,783,184 | 27 | 2,118,790 | 77 | 3,080,368 | 855,005 | 1,217,815 | 7,271,978 | 2.61 |
2019 | 2,668,033 | 29 | 2,523,296 | 57 | 2,611,063 | 733,841 | 869,452 | 6,737,652 | 2.53 |
2020 | 2,742,235 | 23 | 1,267,003 | 29 | 1,041,682 | 407,941 | 404,399 | 3,121,025 | 1.14 |
2021 | 2,439,765 | 38 | 2,774,180 | 50 | 1,128,551 | 1,204,724 | 549,360 | 5,656,815 | 2.32 |
TOTAL | 12,388,856 | 129 | 9,457,377 | 291 | 10,466,058 | 3,683,430 | 4,515,852 | 28,122,717 | 2.27 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 72 | 1.608 | 89 | 0.662 | 2.27 |
PURE PREMIUM UNDERLYING PRESENT RATE | 28 | 1.592 | 11 | 0.741 | 2.33 |
PURE PREMIUM DERIVED BY FORMULA | 1.604 | 0.671 | 2.28 |