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
.
Spaces in the dotted yellow line have the same structure as simplelife
model, so refer to simplelife
for more details about those spaces.
There are three types of relationships between spaces, namely composition, inheritance, and dependency. The diagram above only depicts composition and inheritance relationships, but does not show dependency relationships. Spaces that each module depends on are listed in the ref section on the page of each source module.
Composition
Lines with the filled diamond arrowheads denote that the spaces on the arrowhead ends contain(and owns) the spaces on the other ends of the lines. In the example diagram below, Space A contains Space B, i.e. Space A is the parent of the Space B, and in tern Space B is a child of Space A. Note that spaces can be directly under their model, in which case the parent of the spaces is the model.
Inheritance
Lines with the hollow triangle arrowheads denote that the spaces on the ends without the arrowheads are derived from the spaces pointed by the arrowheads. In the example diagram below, Space B is derived from Space A, which means copies of all the cells, spaces and refs in Space A are included in Space B.
The Space B above is drawn as a dotted rectangular to indicate that the space acts solely as a base space of others, and it’s not meant to be directly accessed by the user.
Dependency
When Space B is dependent on Space A, then cells in Space B refer to members of Space A to calculate their values by their formulas. Dependency is not necessarily the relationship between spaces, but it could be the cells
Dynamic Spaces
Dynamic spaces are drawn as a stacked rectangular shape.
Dynamic spaces are, in fact, a ‘normal’ space with its child spaces dynamically
created when accessed via subscription([]
) or call(()
) operator.
In the example diagram below, Spaces A[x]
are dynamic spaces.
Space A is a normal space and it has a x
parameter.
If A is accessed by, for example A[1]
, then a dynamic child space is created under
Space A, and in the dynamic child space A[1]
,
Variable x
is available in the child space and it is set to 1
.
A live version of the Jupyter notebook below is available online, thanks to Binder.
Launch this sample now!
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. |