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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 ($) | ||||||
2017 | 2,214,987 | 3 | 367,203 | 16 | 435,597 | 384,036 | 171,716 | 1,358,552 | .61 |
2018 | 2,235,117 | 2 | 35,446 | 10 | 277,146 | 91,953 | 126,329 | 530,874 | .24 |
2019 | 2,032,992 | 1 | 18,040 | 13 | 322,284 | 969 | 160,279 | 501,572 | .25 |
2020 | 1,864,917 | 2 | 37,108 | 3 | 119,449 | 42,037 | 238,416 | 437,010 | .23 |
2021 | 2,104,558 | 1 | 471,816 | 11 | 238,457 | 74,435 | 151,226 | 935,934 | .44 |
TOTAL | 10,452,571 | 9 | 929,613 | 53 | 1,392,933 | 593,430 | 847,966 | 3,763,942 | .36 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 29 | 0.222 | 42 | 0.138 | 0.36 |
PURE PREMIUM UNDERLYING PRESENT RATE | 71 | 0.198 | 58 | 0.134 | 0.33 |
PURE PREMIUM DERIVED BY FORMULA | 0.205 | 0.136 | 0.34 |