insurance.ipt Unreviewed
UK Insurance Premium Tax at the standard or higher rate in force on a date, added to or taken out of a premium.
insurance_premium_tax in PythonTagged insurance
11 capabilities
insurance.sum-insured-average Unreviewed
Average clause settlement for underinsurance: the loss times sum insured over value at risk, capped at the loss.
average_clause_settlement in Python
insurance.premium-proration Unreviewed
Return premium on mid-term cancellation, pro rata or on a short-period scale, with an optional minimum retained premium.
cancellation_return_premium in Python
insurance.excess-apply Unreviewed
Claim payout after the compulsory and voluntary excess, capped at the policy limit.
apply_excess in Python
insurance.rating-factors Unreviewed
Premium from a base rate times factor-table lookups, loadings and discounts, within minimum and maximum premiums.
rate_premium in Python
insurance.claim-reserve Unreviewed
Claim reserve history: paid, recovered, outstanding and incurred after each transaction, and the movement.
claim_reserve_history in Python
insurance.loss-ratio Unreviewed
Loss ratio, expense ratio and combined ratio in basis points, from earned premium, incurred claims and expenses.
loss_ratios in Python
insurance.mid-term-adjustment Unreviewed
Additional or return premium for a mid-term policy change, pro rata on the days left, plus an admin fee.
mid_term_adjustment in Python
insurance.no-claims-discount Unreviewed
No-claims discount at renewal: earn a year, or step back after claims on the insurer's scale, with NCD protection.
next_no_claims_discount in Python
insurance.instalment-plan Unreviewed
Pay a premium by monthly instalments: deposit, flat credit charge, instalments exact to the penny, and the APR.
instalment_plan in Python
insurance.age-banding Unreviewed
Age at policy inception and the rating band it falls in, from a table of age bands.
age_band in Python