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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 ($) | ||||||
2017 | 78,345 | 3 | 87,681 | 68,904 | 156,585 | 2.00 | |||
2018 | 80,334 | 1 | 14,476 | 16,956 | 727 | 32,159 | .40 | ||
2019 | 85,878 | 4 | 47,467 | 43,645 | 91,112 | 1.06 | |||
2020 | 72,999 | 3 | 752,809 | 238,882 | 991,691 | 13.58 | |||
2021 | 70,574 | 1 | 28,746 | 7,370 | 36,116 | .51 | |||
TOTAL | 388,130 | 1 | 14,476 | 11 | 916,703 | 16,956 | 359,528 | 1,307,663 | 3.37 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 15 | 2.399 | 20 | 0.970 | 3.37 |
PURE PREMIUM UNDERLYING PRESENT RATE | 85 | 1.017 | 80 | 0.542 | 1.56 |
PURE PREMIUM DERIVED BY FORMULA | 1.224 | 0.628 | 1.85 |