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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 ($) | ||||||
2017 | 6,293,345 | 23 | 2,027,664 | 119 | 2,750,906 | 1,043,851 | 2,018,149 | 7,840,570 | 1.25 |
2018 | 6,609,174 | 23 | 1,706,630 | 129 | 2,939,457 | 718,971 | 2,110,429 | 7,475,487 | 1.13 |
2019 | 6,441,307 | 18 | 1,333,469 | 111 | 1,908,055 | 366,722 | 1,327,696 | 4,935,942 | .77 |
2020 | 6,354,261 | 27 | 2,387,167 | 82 | 1,260,166 | 1,334,800 | 1,636,129 | 6,618,262 | 1.04 |
2021 | 7,514,241 | 25 | 2,232,476 | 98 | 2,074,412 | 1,597,980 | 1,742,323 | 7,647,191 | 1.02 |
TOTAL | 33,212,328 | 116 | 9,687,406 | 539 | 10,932,996 | 5,062,324 | 8,834,726 | 34,517,452 | 1.04 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 72 | 0.621 | 100 | 0.418 | 1.04 |
PURE PREMIUM UNDERLYING PRESENT RATE | 28 | 0.597 | 0.387 | 0.98 | |
PURE PREMIUM DERIVED BY FORMULA | 0.614 | 0.418 | 1.03 |