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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 ($) | ||||||
2017 | 715,040 | 6 | 676,636 | 18 | 917,902 | 242,703 | 334,522 | 2,171,763 | 3.04 |
2018 | 742,491 | 8 | 2,152,668 | 23 | 570,186 | 912,577 | 309,083 | 3,944,514 | 5.31 |
2019 | 796,543 | 1 | 339,348 | 20 | 1,602,742 | 353,473 | 624,666 | 2,920,229 | 3.67 |
2020 | 670,341 | 8 | 466,570 | 18 | 723,738 | 551,085 | 305,689 | 2,047,082 | 3.05 |
2021 | 715,754 | 3 | 363,038 | 15 | 863,327 | 335,463 | 445,473 | 2,007,301 | 2.80 |
TOTAL | 3,640,169 | 26 | 3,998,260 | 94 | 4,677,895 | 2,395,301 | 2,019,433 | 13,090,889 | 3.60 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 50 | 2.383 | 70 | 1.213 | 3.60 |
PURE PREMIUM UNDERLYING PRESENT RATE | 50 | 2.225 | 30 | 1.362 | 3.59 |
PURE PREMIUM DERIVED BY FORMULA | 2.304 | 1.258 | 3.56 |