oasislmf.pytools.fm.policy_extras

TODO: should I check values are valid in the financial structure percentage not between 0 and 1 (ex: deductible, limit …) TODO: validate max and min ded implementation TODO: It seems that if a policy with share is used, subsequent policy using min or max deductible will be wrong

so it make no sense to compute deductible, over_limit, under_limit

Module Contents

Functions

min2(a, b)
deductible_over_max(i, loss_out, loss_in, deductible, ...)	deductible is over maximum deductible, we reduce the loss, therefore increase the loss up to under_limit
deductible_under_min(i, loss_out, loss_in, ...)	Deductible is under the minimum, we raise the deductible from over_limit first then loss if over_limit is not enough
calcrule_1(policy, loss_out, loss_in, deductible, ...)	Deductible and limit
calcrule_2(policy, loss_out, loss_in, deductible, ...)	Deductible, attachment, limit and share
calcrule_3(policy, loss_out, loss_in, deductible, ...)	Franchise deductible and limit
calcrule_5(policy, loss_out, loss_in, deductible, ...)	Deductible and limit as a proportion of loss
calcrule_7(policy, loss_out, loss_in, deductible, ...)	deductible, minimum and maximum deductible, with limit
calcrule_8(policy, loss_out, loss_in, deductible, ...)	deductible and minimum deductible, with limit
calcrule_10(policy, loss_out, loss_in, deductible, ...)	deductible and maximum deductible
calcrule_11(policy, loss_out, loss_in, deductible, ...)	deductible and minimum deductible
calcrule_12(policy, loss_out, loss_in, deductible, ...)	Deductible only
calcrule_13(policy, loss_out, loss_in, deductible, ...)	deductible, minimum and maximum deductible
calcrule_14(policy, loss_out, loss_in, deductible, ...)	Limit only
calcrule_15(policy, loss_out, loss_in, deductible, ...)	deductible and limit % loss
calcrule_16(policy, loss_out, loss_in, deductible, ...)	deductible % loss
calcrule_17(policy, loss_out, loss_in, deductible, ...)	deductible % loss with attachment, limit and share
calcrule_19(policy, loss_out, loss_in, deductible, ...)	deductible % loss with min and/or max deductible
calcrule_20(policy, loss_out, loss_in, deductible, ...)	reverse franchise deductible
calcrule_22(policy, loss_out, loss_in, deductible, ...)	reinsurance % ceded, limit and % placed
calcrule_23(policy, loss_out, loss_in, deductible, ...)	reinsurance limit and % placed
calcrule_24(policy, loss_out, loss_in, deductible, ...)	reinsurance excess terms
calcrule_25(policy, loss_out, loss_in, deductible, ...)	reinsurance proportional terms
calcrule_26(policy, loss_out, loss_in, deductible, ...)	deductible % loss with min and/or max deductible and limit
calcrule_27(policy, loss_out, loss_in, deductible, ...)	step payout with limit
calcrule_28(policy, loss_out, loss_in, deductible, ...)	% loss step payout
calcrule_32(policy, loss_out, loss_in, deductible, ...)	monetary amount trigger and % loss step payout with limit
calcrule_33(policy, loss_out, loss_in, deductible, ...)	deductible % loss with limit
calcrule_34(policy, loss_out, loss_in, deductible, ...)	deductible with attachment and share
calcrule_35(policy, loss_out, loss_in, deductible, ...)	deductible % loss with min and/or max deductible and limit % loss
calcrule_36(policy, loss_out, loss_in, deductible, ...)	deductible with min and/or max deductible and limit % loss
calcrule_37(policy, loss_out, loss_in, deductible, ...)	% loss step payout
calcrule_38(policy, loss_out, loss_in, deductible, ...)	conditional coverage
calcrule_39(policy, loss_out, loss_in, deductible, ...)	Franchise deductible
calc(policy, loss_out, loss_in, deductible, ...)

oasislmf.pytools.fm.policy_extras.min2(a, b)

oasislmf.pytools.fm.policy_extras.deductible_over_max(i, loss_out, loss_in, deductible, over_limit, under_limit, max_deductible)

deductible is over maximum deductible, we reduce the loss, therefore increase the loss up to under_limit

under limit is always the minimum between the limit - loss and the sub_node under_limit + the applied deductible so we are sure that if deductible[i] > max_ded_left, we are sure that under_limit is the good cap we are sure that is there is no sub node with limit loss_delta < under_limit

loss delta can be negative so in this case we have to be careful it is not bigger than loss_in

oasislmf.pytools.fm.policy_extras.deductible_under_min(i, loss_out, loss_in, effective_deductible, over_limit, under_limit, min_deductible, deductible)

Deductible is under the minimum, we raise the deductible from over_limit first then loss if over_limit is not enough

oasislmf.pytools.fm.policy_extras.calcrule_1(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Deductible and limit

oasislmf.pytools.fm.policy_extras.calcrule_2(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Deductible, attachment, limit and share

oasislmf.pytools.fm.policy_extras.calcrule_3(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Franchise deductible and limit

oasislmf.pytools.fm.policy_extras.calcrule_5(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Deductible and limit as a proportion of loss

oasislmf.pytools.fm.policy_extras.calcrule_7(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible, minimum and maximum deductible, with limit

oasislmf.pytools.fm.policy_extras.calcrule_8(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible and minimum deductible, with limit

oasislmf.pytools.fm.policy_extras.calcrule_10(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible and maximum deductible

oasislmf.pytools.fm.policy_extras.calcrule_11(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible and minimum deductible

oasislmf.pytools.fm.policy_extras.calcrule_12(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Deductible only

oasislmf.pytools.fm.policy_extras.calcrule_13(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible, minimum and maximum deductible

oasislmf.pytools.fm.policy_extras.calcrule_14(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Limit only

oasislmf.pytools.fm.policy_extras.calcrule_15(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible and limit % loss

oasislmf.pytools.fm.policy_extras.calcrule_16(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss

oasislmf.pytools.fm.policy_extras.calcrule_17(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss with attachment, limit and share

oasislmf.pytools.fm.policy_extras.calcrule_19(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss with min and/or max deductible

TODO: check if we can assume 0 <= policy[‘deductible_1’] <= 1

oasislmf.pytools.fm.policy_extras.calcrule_20(policy, loss_out, loss_in, deductible, over_limit, under_limit)

reverse franchise deductible

oasislmf.pytools.fm.policy_extras.calcrule_22(policy, loss_out, loss_in, deductible, over_limit, under_limit)

reinsurance % ceded, limit and % placed

oasislmf.pytools.fm.policy_extras.calcrule_23(policy, loss_out, loss_in, deductible, over_limit, under_limit)

reinsurance limit and % placed

oasislmf.pytools.fm.policy_extras.calcrule_24(policy, loss_out, loss_in, deductible, over_limit, under_limit)

reinsurance excess terms

oasislmf.pytools.fm.policy_extras.calcrule_25(policy, loss_out, loss_in, deductible, over_limit, under_limit)

reinsurance proportional terms

oasislmf.pytools.fm.policy_extras.calcrule_26(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss with min and/or max deductible and limit

TODO: check if we can assume 0 <= policy[‘deductible_1’] <= 1

oasislmf.pytools.fm.policy_extras.calcrule_27(policy, loss_out, loss_in, deductible, over_limit, under_limit)

step payout with limit

oasislmf.pytools.fm.policy_extras.calcrule_28(policy, loss_out, loss_in, deductible, over_limit, under_limit)

% loss step payout

oasislmf.pytools.fm.policy_extras.calcrule_32(policy, loss_out, loss_in, deductible, over_limit, under_limit)

monetary amount trigger and % loss step payout with limit

oasislmf.pytools.fm.policy_extras.calcrule_33(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss with limit

oasislmf.pytools.fm.policy_extras.calcrule_34(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible with attachment and share

TODO: compare to the cpp, as there is shares, deductible won’t be use later on so no need to compute it

oasislmf.pytools.fm.policy_extras.calcrule_35(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible % loss with min and/or max deductible and limit % loss

TODO: check if we can assume 0 <= policy[‘deductible_1’] <= 1

oasislmf.pytools.fm.policy_extras.calcrule_36(policy, loss_out, loss_in, deductible, over_limit, under_limit)

deductible with min and/or max deductible and limit % loss

oasislmf.pytools.fm.policy_extras.calcrule_37(policy, loss_out, loss_in, deductible, over_limit, under_limit)

% loss step payout

oasislmf.pytools.fm.policy_extras.calcrule_38(policy, loss_out, loss_in, deductible, over_limit, under_limit)

conditional coverage

oasislmf.pytools.fm.policy_extras.calcrule_39(policy, loss_out, loss_in, deductible, over_limit, under_limit)

Franchise deductible

oasislmf.pytools.fm.policy_extras.calc(policy, loss_out, loss_in, deductible, over_limit, under_limit, stepped)