Project ifrs17sim

ifrs17sim is a project template for simulating IFRS17 financial statements on sample insurance contracts.

Files that are unique to this project are ifrs17sim and ifrs. Other files in this project are the same as those in nestedlife.

Model Structure

Composition Structure

Spaces in the dotted yellow line have the same structure as simplelife model, so refer to simplelife for more details about those spaces.

Inheritance Structure

Jupyter Notebooks

A live version of the Jupyter notebook below is available online, thanks to Binder.

Launch this sample now!

• CSM waterfalls

• IFRS17 Simulation (Baseline)

• IFRS17 Simulation (Lapse Scenario)

• IFRS17 CSM Waterfall Chart Notebook
  • About this notebook
  • How to use Jupyter Notebook
  • The entire script
  • Initial set-up
  • Building the model
  • Calculating CSM
  • Exporting values into DataFrame
  • Draw waterfall chart
• IFRS17 Simulation (Baseline)
  • About this notebook
  • How to use Jupyter Notebook
  • Initial set-up
  • Building the model
  • Present value of expected cashflows
  • CSM amortization
  • Actual cashflows
  • IFRS17 Financial performance
• IFRS17 Simulation (Lapse Scenario)
  • About this notebook
  • How to use Jupyter Notebook
  • Initial set-up
  • Building the model
  • Adjusting lapse rates
  • Actual cashflows
  • Present value of expected cashflows
  • CSM amortization
  • IFRS17 Financial performance

Project Modules

ifrs17sim	The main module to build a simplelife model.
ifrs	Source module for IFRS17 CSM amortization simulation
present_value	Present Value mix-in modules
build_input	Module to create Input space and its child spaces from input data.
lifetable	Source module to create LifeTable space from.
policy	Source module to create Policy space from.
assumption	Source module to create Assumption space from.
economic	Source module to create Economic space from.
projection	Source module to create Projection space from.