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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 ($) | ||||||
2017 | 354,174 | 1 | 71,761 | 9 | 156,584 | 17,131 | 262,772 | 508,248 | 1.44 |
2018 | 410,836 | 1 | 400 | 6 | 64,913 | 21 | 95,633 | 160,967 | .39 |
2019 | 161,592 | 1 | 965 | 14,435 | 801 | 16,201 | .10 | ||
2020 | 428,166 | 2 | 264,199 | 1 | 14,858 | 322,288 | 13,143 | 614,488 | 1.44 |
2021 | 193,396 | 2 | 95,962 | 3 | 5,431 | 40,711 | 14,049 | 156,153 | .81 |
TOTAL | 1,548,164 | 7 | 433,287 | 19 | 241,786 | 394,586 | 386,398 | 1,456,057 | .94 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 21 | 0.436 | 34 | 0.504 | 0.94 |
PURE PREMIUM UNDERLYING PRESENT RATE | 79 | 0.559 | 66 | 0.544 | 1.10 |
PURE PREMIUM DERIVED BY FORMULA | 0.533 | 0.530 | 1.06 |