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The Nematrian Function Library

Life Insurance Functions

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The Nematrian function library includes a range of tools that are useful for carrying out life insurance orientated calculations.

 

The web functions available include ones set out in the table below. To see a complete list of functions currently available in the Nematrian online toolkit please go to list of types of available functions or complete list of individual functions.

 

Disclaimer

 

Please note that no web functions currently publicly available through the Nematrian website are classified by Nematrian as being explicitly ‘actuarial’ in nature. For example, they do not necessarily adhere to relevant model standards imposed on actuarial work by the UK FRC’s Actuarial Council. If you are seeking access to models that do explicitly adhere to these standards then please speak to your usual contact at Nematrian. Usage of the Nematrian website is subject to the terms of the Nematrian License Agreement.

 

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Web functionShort description of function
MnCorrespondingSpouseMortalityTableNameReturns the name of the spouse's mortality table that typically corresponds to the given underlying mortality table
MnMortalityTableMaxAgeReturns the maximum age recognised for the given mortality table
MnMortalityTableMinAgeReturns the minimum age recognised for the given mortality table
MnMortalityTableSexReturns the sex to which the given mortality table applies ("M"=male, "F"=female)
MnRecognisedMortalityTableNumberOfVariantsReturns the number of variants recognised by the website for a given mortality table that ValueOfAnnuity etc. recognise
MnRecognisedMortalityTablesReturns an array containing the mortality tables that ValueOfAnnuity etc. recognise
MnRecognisedMortalityTableVariantsReturns an array of the variants recognised by the website for a given mortality table that ValueOfAnnuity etc. recognise
MnValueOfAnnuityReturns the value of an annuity given a single (continuously compounded) interest rate
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