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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 ($) | ||||||
2017 | 1,991,234,618 | 473 | 48,068,538 | 1,732 | 72,629,112 | 26,397,236 | 44,352,059 | 191,446,945 | .10 |
2018 | 2,106,537,756 | 557 | 53,633,399 | 1,643 | 60,665,843 | 28,942,246 | 40,022,566 | 183,264,054 | .09 |
2019 | 2,172,336,487 | 529 | 52,208,574 | 1,352 | 50,343,236 | 27,417,024 | 31,602,577 | 161,571,411 | .07 |
2020 | 2,108,529,692 | 522 | 48,152,879 | 1,245 | 41,800,719 | 24,903,196 | 26,295,629 | 141,152,423 | .07 |
2021 | 2,274,991,071 | 468 | 48,680,632 | 1,236 | 47,018,257 | 28,491,742 | 29,721,049 | 153,911,680 | .07 |
TOTAL | 10,653,629,624 | 2,549 | 250,744,022 | 7,208 | 272,457,167 | 136,151,444 | 171,993,880 | 831,346,513 | .08 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 0.049 | 100 | 0.029 | 0.08 |
PURE PREMIUM UNDERLYING PRESENT RATE | 0.051 | 0.028 | 0.08 | ||
PURE PREMIUM DERIVED BY FORMULA | 0.049 | 0.029 | 0.08 |