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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 ($) | ||||||
2017 | 69,201 | 5 | 160,266 | 52,676 | 212,942 | 3.08 | |||
2018 | 104,167 | 1 | 109,551 | 5 | 705,244 | 53,988 | 449,075 | 1,317,858 | 12.65 |
2019 | 89,689 | 2 | 394,796 | 66,630 | 461,426 | 5.14 | |||
2020 | 61,920 | 5 | 415,532 | 84,832 | 500,364 | 8.08 | |||
2021 | 66,177 | 1 | 7,571 | 2 | 13,258 | 14,547 | 18,557 | 53,933 | .81 |
TOTAL | 391,154 | 2 | 117,122 | 19 | 1,689,096 | 68,535 | 671,770 | 2,546,523 | 6.51 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 34 | 4.618 | 44 | 1.893 | 6.51 |
PURE PREMIUM UNDERLYING PRESENT RATE | 66 | 7.834 | 56 | 4.092 | 11.93 |
PURE PREMIUM DERIVED BY FORMULA | 6.741 | 3.124 | 9.87 |