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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 ($) | ||||||
2017 | 13,392,625 | 144 | 13,227,788 | 994 | 20,667,077 | 6,263,617 | 9,424,291 | 49,582,773 | 3.70 |
2018 | 13,913,771 | 141 | 11,294,379 | 748 | 18,056,430 | 5,224,596 | 8,967,899 | 43,543,304 | 3.13 |
2019 | 14,379,420 | 197 | 14,150,313 | 742 | 18,697,520 | 7,450,645 | 8,638,224 | 48,936,702 | 3.40 |
2020 | 11,558,988 | 197 | 15,330,601 | 583 | 12,187,880 | 7,163,976 | 5,613,970 | 40,296,427 | 3.49 |
2021 | 12,629,385 | 148 | 11,302,318 | 486 | 12,353,899 | 6,000,396 | 6,085,847 | 35,742,460 | 2.83 |
TOTAL | 65,874,189 | 827 | 65,305,399 | 3,553 | 81,962,806 | 32,103,230 | 38,730,231 | 218,101,666 | 3.31 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 2.236 | 100 | 1.075 | 3.31 |
PURE PREMIUM UNDERLYING PRESENT RATE | 2.218 | 1.104 | 3.32 | ||
PURE PREMIUM DERIVED BY FORMULA | 2.236 | 1.075 | 3.31 |