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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 ($) | ||||||
2017 | 3,198,259 | 13 | 1,150,399 | 97 | 2,539,053 | 580,527 | 1,582,472 | 5,852,451 | 1.83 |
2018 | 3,356,958 | 20 | 2,007,920 | 82 | 1,757,226 | 891,129 | 1,286,027 | 5,942,302 | 1.77 |
2019 | 3,676,650 | 24 | 2,869,058 | 83 | 2,680,097 | 1,759,131 | 1,413,256 | 8,721,542 | 2.37 |
2020 | 4,043,923 | 25 | 3,316,187 | 113 | 1,795,438 | 1,519,051 | 1,584,985 | 8,215,661 | 2.03 |
2021 | 4,611,100 | 29 | 2,021,297 | 131 | 2,739,552 | 1,666,996 | 2,103,586 | 8,531,431 | 1.85 |
TOTAL | 18,886,890 | 111 | 11,364,861 | 506 | 11,511,366 | 6,416,834 | 7,970,326 | 37,263,387 | 1.97 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 75 | 1.211 | 100 | 0.762 | 1.97 |
PURE PREMIUM UNDERLYING PRESENT RATE | 25 | 1.156 | 0.657 | 1.81 | |
PURE PREMIUM DERIVED BY FORMULA | 1.197 | 0.762 | 1.96 |