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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 ($) | ||||||
2017 | 8,374,980 | 12 | 652,771 | 33 | 574,439 | 488,437 | 522,975 | 2,238,622 | .27 |
2018 | 8,615,310 | 15 | 1,052,704 | 44 | 1,155,784 | 512,502 | 886,665 | 3,607,655 | .42 |
2019 | 8,169,083 | 10 | 789,529 | 35 | 553,924 | 371,567 | 519,655 | 2,234,675 | .27 |
2020 | 7,666,032 | 10 | 989,175 | 16 | 314,459 | 414,502 | 296,007 | 2,014,143 | .26 |
2021 | 8,422,854 | 10 | 919,587 | 31 | 663,510 | 370,984 | 514,126 | 2,468,207 | .29 |
TOTAL | 41,248,259 | 57 | 4,403,766 | 159 | 3,262,116 | 2,157,992 | 2,739,428 | 12,563,302 | .30 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 52 | 0.186 | 72 | 0.119 | 0.31 |
PURE PREMIUM UNDERLYING PRESENT RATE | 48 | 0.211 | 28 | 0.129 | 0.34 |
PURE PREMIUM DERIVED BY FORMULA | 0.198 | 0.122 | 0.32 |