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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 ($) | ||||||
2017 | 1,062,565 | 3 | 185,533 | 40 | 825,559 | 47,557 | 696,895 | 1,755,544 | 1.65 |
2018 | 1,064,677 | 10 | 760,285 | 35 | 834,932 | 632,847 | 430,899 | 2,658,963 | 2.50 |
2019 | 949,897 | 9 | 1,042,781 | 24 | 665,832 | 934,452 | 401,041 | 3,044,106 | 3.20 |
2020 | 881,933 | 13 | 1,380,380 | 15 | 282,579 | 693,399 | 227,547 | 2,583,905 | 2.93 |
2021 | 970,268 | 8 | 924,582 | 34 | 831,688 | 419,209 | 438,080 | 2,613,559 | 2.69 |
TOTAL | 4,929,340 | 43 | 4,293,561 | 148 | 3,440,590 | 2,727,464 | 2,194,462 | 12,656,077 | 2.57 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 46 | 1.569 | 64 | 0.998 | 2.57 |
PURE PREMIUM UNDERLYING PRESENT RATE | 54 | 1.325 | 36 | 0.824 | 2.15 |
PURE PREMIUM DERIVED BY FORMULA | 1.437 | 0.935 | 2.37 |