Source code for solvency2.override.expense

"""Override module for the expense risk calculation

The formulas in this module add or overrides cells related to expense in
:mod:`projection <solvency2.projection>` module.
"""

[docs]def InflFactor(t):
    """Inflation factor reflecting expense shocks"""
    if t == 0:
        return 1
    else:        
        if t >= t0:
            shock = Factor(Risk, Shock, Scope, 'inflation')
        else:
            shock = 0
        
        return InflFactor(t-1) * (1 + asmp.InflRate + shock)


[docs]def SizeExpsAcq(t):
    """Acquisition expense per policy at time t"""
    if t == 0:
        return (SizeAnnPrem(t) * asmp.ExpsAcqAnnPrem
                + (SizeSumAssured(t) * asmp.ExpsAcqSA + asmp.ExpsAcqPol)
                * InflFactor(t) / InflFactor(0))
    else:
        return 0


[docs]def SizeExpsMaint(t):
    """Maintenance expense per policy at time t"""
    
    shock = Factor(Risk, Shock, Scope)
    
    return (SizeAnnPrem(t) * asmp.ExpsMaintAnnPrem
            + (SizeSumAssured(t) * asmp.ExpsMaintSA + asmp.ExpsMaintPol)
            * InflFactor(t)) * (1 + shock)