What are Calculated Tables in AXIS?
Calculated Tables in AXIS store computed values such as terminal reserve factors, lapse rates, and mortality rates used in both Pricing and Reserve sections.
Where are Calculated Tables used in AXIS?
They are used in the Pricing and Reserve sections, as determined by the Reserve Details switch in General Assumptions.
What do Calculated Tables typically contain?
They include actuarially derived values like terminal reserve factors and decrements (e.g., lapse and mortality rates) required for cash flow and reserve projections.
How are Calculated Tables different from user-entered tables?
Unlike user-entered tables, Calculated Tables are generated automatically by AXIS during processing, reflecting values derived from model assumptions and results.