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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 ($) | ||||||
2017 | 31,328 | 8,158 | 8,158 | .26 | |||||
2018 | 46,457 | 1 | 5,543 | 25,538 | 31,081 | .67 | |||
2019 | 32,333 | 4 | 31,296 | 8,380 | 39,676 | 1.23 | |||
2020 | 1,588 | ||||||||
2021 | 49,809 | 1 | 87,022 | 6 | 150,167 | 33,340 | 56,733 | 327,262 | 6.57 |
TOTAL | 161,515 | 1 | 87,022 | 11 | 187,006 | 33,340 | 98,809 | 406,177 | 2.51 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 12 | 1.697 | 17 | 0.818 | 2.52 |
PURE PREMIUM UNDERLYING PRESENT RATE | 88 | 1.455 | 83 | 0.887 | 2.34 |
PURE PREMIUM DERIVED BY FORMULA | 1.484 | 0.875 | 2.36 |