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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 ($) | ||||||
2017 | 4,448,723 | 3 | 20,782 | 32 | 962,255 | 130,290 | 497,364 | 1,610,691 | .36 |
2018 | 5,225,113 | 4 | 390,409 | 37 | 711,687 | 206,072 | 416,706 | 1,724,874 | .33 |
2019 | 6,423,869 | 9 | 818,766 | 45 | 893,901 | 181,929 | 620,886 | 2,515,482 | .39 |
2020 | 9,448,176 | 12 | 1,193,547 | 36 | 746,061 | 365,106 | 531,507 | 2,836,221 | .30 |
2021 | 9,383,819 | 14 | 575,006 | 41 | 1,152,638 | 534,322 | 670,397 | 2,932,363 | .31 |
TOTAL | 34,929,700 | 42 | 2,998,510 | 191 | 4,466,542 | 1,417,719 | 2,736,860 | 11,619,631 | .33 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 54 | 0.214 | 74 | 0.119 | 0.33 |
PURE PREMIUM UNDERLYING PRESENT RATE | 46 | 0.278 | 26 | 0.164 | 0.44 |
PURE PREMIUM DERIVED BY FORMULA | 0.243 | 0.131 | 0.37 |