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.

Policy its sub spaces
LifeTable in Input
MortalityTables in Input
Assumption in Input

Space Parameters

PolicyID¶: Policy ID

References in Base

asmp_tbl¶: AssumptionTables space in Input space

asmp¶: Assumption space in Input space

MortalityTables¶: MortalityTables space in Input space

References in Sub

pol¶: Alias to Policy[PolicyID]

prod¶: Alias to Policy[PolicyID].Product

polt¶: Alias to Policy[PolicyID].PolicyType

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

MortTable()[source]¶: Mortality Table

LastAge()[source]¶: Age at which mortality becomes 1

BaseMortRate(x)[source]¶: Bae mortality rate

MortFactor(y)[source]¶: Mortality factor

SurrRate(y)[source]¶: Surrender Rate

CommInitPrem()[source]¶: Initial commission per premium

CommRenPrem()[source]¶: Renewal commission per premium

CommRenTerm()[source]¶: Renewal commission term

ExpsAcqSA()[source]¶: Acquisition expense per sum assured

ExpsAcqAnnPrem()[source]¶: Acquisition expense per annualized premium

ExpsAcqPol()[source]¶: Acquisition expense per policy

ExpsMaintSA()[source]¶: Maintenance expense per sum assured

ExpsMaintAnnPrem()[source]¶: Maintenance expense per annualized premium

ExpsMaintPol()[source]¶: Maintenance expense per policy

CnsmpTax()[source]¶: Consumption tax rate

InflRate()[source]¶: Inflation rate