Assumptions¶

Assumption input and calculations for individual policies.

This Space holds projection assumptions for each individual model point.

This Space is parameterized with PolicyID, and each ItemSpace of this Space is referenced in the Projection Spaces under the ItemSpace of SCR_life that has the same PolicyID as the ItemSpace of this Space.

For example Assumptions[1] is referenced in SCR_life(1).Projection(Risk) as asmp, where Risk is ‘base’, ‘mort’, ‘longev’,… etc.

Parameters

PolicyID¶

Policy ID

Type: int

References

AssumptionTables¶: ExcelRange object holding data read from the Excel range AssumptionTable in input.xlsx.

MortalityTable¶: ExcelRange object holding mortality tables. The data is read from MortalityTables range in input.xlsx.

prod¶: Alias for Product()

polt¶: Alias for PolicyType()

gen¶: Alias for Gen()

sex¶: Alias for Sex()

AsmpLookup¶: Alias for AsmpLookup()

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
`Gen`()
`InflRate`()	Inflation rate
`LastAge`()	Age at which mortality becomes 1
`MortFactor`(y)	Mortality factor
`MortTable`()	Mortality Table
`PolicyType`()
`Product`()
`Sex`()
`SurrRate`(y)	Surrender Rate

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

CnsmpTax()[source]¶: Consumption tax rate

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

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

CommRenTerm()[source]¶: Renewal commission term

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

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

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

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

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

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

InflRate()[source]¶: Inflation rate

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

MortFactor(y)[source]¶: Mortality factor

MortTable()[source]¶: Mortality Table

SurrRate(y)[source]¶: Surrender Rate

Project solvency2

BaseProj