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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 ($) | ||||||
2017 | 747,502 | 1 | 283,869 | 21 | 854,005 | 22,337 | 447,766 | 1,607,977 | 2.15 |
2018 | 664,969 | 2 | 241,809 | 8 | 274,360 | 45,128 | 162,473 | 723,770 | 1.09 |
2019 | 516,895 | 7 | 310,351 | 121,877 | 432,228 | .84 | |||
2020 | 239,211 | 3 | 31,027 | 46,086 | 77,113 | .32 | |||
2021 | 238,006 | 1 | 5,742 | 876 | 6,618 | .03 | |||
TOTAL | 2,406,583 | 3 | 525,678 | 40 | 1,475,485 | 67,465 | 779,078 | 2,847,706 | 1.18 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 34 | 0.832 | 42 | 0.352 | 1.18 |
PURE PREMIUM UNDERLYING PRESENT RATE | 66 | 1.228 | 58 | 0.574 | 1.80 |
PURE PREMIUM DERIVED BY FORMULA | 1.093 | 0.481 | 1.57 |