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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 ($) | ||||||
2017 | 17,954,356 | 51 | 4,670,532 | 427 | 8,360,322 | 2,198,181 | 4,532,824 | 19,761,859 | 1.10 |
2018 | 18,546,405 | 58 | 6,462,430 | 305 | 6,871,708 | 3,173,884 | 3,948,318 | 20,456,340 | 1.10 |
2019 | 18,510,395 | 61 | 6,080,998 | 233 | 5,217,185 | 2,667,980 | 2,312,156 | 16,278,319 | .88 |
2020 | 16,068,598 | 19 | 2,341,678 | 123 | 3,588,101 | 1,003,402 | 1,925,929 | 8,859,110 | .55 |
2021 | 18,712,404 | 47 | 4,892,217 | 336 | 6,804,389 | 2,844,555 | 4,044,599 | 18,585,760 | .99 |
TOTAL | 89,792,158 | 236 | 24,447,855 | 1,424 | 30,841,705 | 11,888,002 | 16,763,826 | 83,941,388 | .93 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 0.616 | 100 | 0.319 | 0.94 |
PURE PREMIUM UNDERLYING PRESENT RATE | 0.593 | 0.325 | 0.92 | ||
PURE PREMIUM DERIVED BY FORMULA | 0.616 | 0.319 | 0.94 |