Calculated Tables Flashcards

(4 cards)

1
Q

What are Calculated Tables in AXIS?

A

Calculated Tables in AXIS store computed values such as terminal reserve factors, lapse rates, and mortality rates used in both Pricing and Reserve sections.

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2
Q

Where are Calculated Tables used in AXIS?

A

They are used in the Pricing and Reserve sections, as determined by the Reserve Details switch in General Assumptions.

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3
Q

What do Calculated Tables typically contain?

A

They include actuarially derived values like terminal reserve factors and decrements (e.g., lapse and mortality rates) required for cash flow and reserve projections.

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4
Q

How are Calculated Tables different from user-entered tables?

A

Unlike user-entered tables, Calculated Tables are generated automatically by AXIS during processing, reflecting values derived from model assumptions and results.

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