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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 ($) | ||||||
2017 | 635,623 | 3 | 39,636 | 24 | 810,069 | 16,938 | 390,020 | 1,256,663 | 1.98 |
2018 | 593,376 | 7 | 534,143 | 19 | 383,684 | 236,118 | 253,957 | 1,407,902 | 2.37 |
2019 | 542,487 | 6 | 735,587 | 12 | 99,050 | 229,244 | 122,665 | 1,186,546 | 2.19 |
2020 | 532,486 | 9 | 679,722 | 14 | 213,354 | 476,664 | 160,477 | 1,530,217 | 2.87 |
2021 | 544,650 | 2 | 195,054 | 11 | 164,118 | 60,028 | 160,572 | 579,772 | 1.06 |
TOTAL | 2,848,622 | 27 | 2,184,142 | 80 | 1,670,275 | 1,018,992 | 1,087,691 | 5,961,100 | 2.09 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 39 | 1.353 | 52 | 0.740 | 2.09 |
PURE PREMIUM UNDERLYING PRESENT RATE | 61 | 1.543 | 48 | 0.834 | 2.38 |
PURE PREMIUM DERIVED BY FORMULA | 1.469 | 0.785 | 2.25 |