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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 ($) | ||||||
2017 | 85,478 | 1 | 290,471 | 3 | 5,983 | 256,322 | 6,624 | 559,400 | 6.54 |
2018 | 49,421 | 1 | 955 | 12,336 | 13,291 | .27 | |||
2019 | 52,677 | 2 | 451,542 | 2 | 169,833 | 96,602 | 58,515 | 776,492 | 14.74 |
2020 | 90,465 | 2 | 16,667 | 1 | 1,504 | 14,940 | 3,447 | 36,558 | .40 |
2021 | 103,858 | 4 | 233,685 | 108,221 | 341,906 | 3.29 | |||
TOTAL | 381,899 | 5 | 758,680 | 11 | 411,960 | 367,864 | 189,143 | 1,727,647 | 4.52 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 25 | 3.065 | 34 | 1.459 | 4.52 |
PURE PREMIUM UNDERLYING PRESENT RATE | 75 | 3.843 | 66 | 2.133 | 5.98 |
PURE PREMIUM DERIVED BY FORMULA | 3.649 | 1.904 | 5.55 |