Library Update 2020.12: Disability Income, Interest Rate Swaps, A&H Accounting

A new version of the Slope Life Library has been released and made available. This update includes some new products, updates to accounting structures, and support for A&H products, which we will be releasing more of in the near future.

New Products

  • The Individual Disability Income liability product is now available. This product includes support for active and disabled lives. It includes accounting treatment for US Statutory and US GAAP bases. Multiple new tables were added to support this product as well.
  • The Interest Rate Swap asset product is now available. This product can be used to model swaps between fixed and floating payment streams.

Updates

  • Additional variables were added to Portfolio and Company level to support separate reporting of A&H policies in the income statement and balance sheet.
  • Accounting aggregation for claim reserves and claim expenses were added to Portfolio and Company levels
  • Disability Income Industry Tables were added to the model and are also available on the Industry Tables page of the Support site. This includes the 1964 CDT, 1985 CIDA, and 2013 IDI tables.