assumption

Source module to create Assumption space from.

This module is a source module to create Assumption space and its sub spaces from. The formulas of the cells in the Assumption space are created from the functions defined in this module.

The Assumption space is the base space of the assumption spaces for individual policies, which are derived from and belong to the Assumption space as its dynamic child spaces.

The assumption spaces for individual policies are parametrized by PolicyID. For example, to get the assumption space of the policy whose ID is 171:

>> asmp = model.Assumption(171)

The cells in an assumption space for each individual policy retrieve input data, calculate and hold values of assumptions specific to that policy, so various spaces in Input must be accessible from the Assumption space.

Project Templates

This module is included in the following project templates.

Referred Spaces

The Assumption space and its sub spaces depend of the following spaces. See references sections below for aliases to those spaces and their members that are referenced in the Assumption spaces.

Space Parameters

simplelife.assumption.PolicyID

Policy ID

References in Base

simplelife.assumption.asmp_tbl

AssumptionTables space in Input space

simplelife.assumption.asmp

Assumption space in Input space

simplelife.assumption.MortalityTables

MortalityTables space in Input space

References in Sub

simplelife.assumption.pol

Alias to Policy[PolicyID]

simplelife.assumption.prod

Alias to Policy[PolicyID].Product

simplelife.assumption.polt

Alias to Policy[PolicyID].PolicyType

simplelife.assumption.gen

Alias to Policy[PolicyID].Gen

Cells

BaseMortRate(x) Bae mortality rate
CnsmpTax() Consumption tax rate
CommInitPrem() Initial commission per premium
CommRenPrem() Renewal commission per premium
CommRenTerm() Renewal commission term
ExpsAcqAnnPrem() Acquisition expense per annualized premium
ExpsAcqPol() Acquisition expense per policy
ExpsAcqSA() Acquisition expense per sum assured
ExpsMaintAnnPrem() Maintenance expense per annualized premium
ExpsMaintPol() Maintenance expense per policy
ExpsMaintSA() Maintenance expense per sum assured
InflRate() Inflation rate
LastAge() Age at which mortality becomes 1
MortFactor(y) Mortality factor
MortTable() Mortality Table
SurrRate(y) Surrender Rate
simplelife.assumption.MortTable()[source]

Mortality Table

simplelife.assumption.LastAge()[source]

Age at which mortality becomes 1

simplelife.assumption.BaseMortRate(x)[source]

Bae mortality rate

simplelife.assumption.MortFactor(y)[source]

Mortality factor

simplelife.assumption.SurrRate(y)[source]

Surrender Rate

simplelife.assumption.CommInitPrem()[source]

Initial commission per premium

simplelife.assumption.CommRenPrem()[source]

Renewal commission per premium

simplelife.assumption.CommRenTerm()[source]

Renewal commission term

simplelife.assumption.ExpsAcqSA()[source]

Acquisition expense per sum assured

simplelife.assumption.ExpsAcqAnnPrem()[source]

Acquisition expense per annualized premium

simplelife.assumption.ExpsAcqPol()[source]

Acquisition expense per policy

simplelife.assumption.ExpsMaintSA()[source]

Maintenance expense per sum assured

simplelife.assumption.ExpsMaintAnnPrem()[source]

Maintenance expense per annualized premium

simplelife.assumption.ExpsMaintPol()[source]

Maintenance expense per policy

simplelife.assumption.CnsmpTax()[source]

Consumption tax rate

simplelife.assumption.InflRate()[source]

Inflation rate