Source code for ifrs17sim.present_values
# -*- coding: utf-8 -*-
"""Present Values modules
"""
def PV_SumInsInForce(t):
if t > last_t:
return 0
else:
return prj_InsInForce_BoP1(t) + PV_SumInsInForce(t + 1) / (1 + DiscRate(t))
[docs]def PV_IncomePremium(t):
"""Present value of premium income"""
if t > last_t:
return 0
else:
return prj_incm_Premium(t) + PV_IncomePremium(t + 1) / (1 + DiscRate(t))
[docs]def PV_BenefitSurrender(t):
"""Present value of surrender benefits"""
if t > last_t:
return 0
else:
return (-prj_bnft_Surrender(t) + PV_BenefitSurrender(t + 1)) / (1 + DiscRate(t))
[docs]def PV_BenefitDeath(t):
"""Present value of death benefits"""
if t > last_t:
return 0
else:
return (-prj_bnft_Death(t) + PV_BenefitDeath(t + 1)) / (1 + DiscRate(t))
[docs]def PV_ExpsCommTotal(t):
"""Present value of total expenses"""
if t > last_t:
return 0
else:
return - prj_exps_CommTotal(t) + PV_ExpsCommTotal(t + 1) / (1 + DiscRate(t))
[docs]def PV_ExpsAcq(t):
"""Present value of total expenses"""
if t > last_t:
return 0
else:
return - prj_exps_Acq(t) + PV_ExpsAcq(t + 1) / (1 + DiscRate(t))
[docs]def PV_ExpsMaint(t):
"""Present value of total expenses"""
if t > last_t:
return 0
else:
return - prj_exps_Maint(t) + PV_ExpsMaint(t + 1) / (1 + DiscRate(t))
[docs]def PV_ExpsTotal(t):
"""Present value of total expenses"""
if t > last_t:
return 0
else:
return - prj_exps_Total(t) + PV_ExpsTotal(t + 1) / (1 + DiscRate(t))
[docs]def PV_NetCashflows(t):
"""Present value of net liability cashflow"""
if t > last_t:
return 0
else:
return (prj_incm_Premium(t)
- prj_exps_Total(t)
- prj_bnft_Total(t) / (1 + DiscRate(t))
+ PV_NetCashflows(t + 1) / (1 + DiscRate(t)))