Input parameters

There are up to six consolidation parameter sections to complete. They are:

Entry is in one composite dialog as shown below, and the various sections can be accessed from the menu on the left.

co_id-1

The next and back menu buttons take you through the full entry in logical order

For a description of the Tools menu items click here

Consolidating Consolidations

One of the strengths of REP is that consolidations may themselves be input to a further consolidation. This allows you to build up reserves profiles by Play, Block, Licence, Region, Country, etc.

However, it is important to appreciate that because of the underlying common risk definitions there is a strict hierarchy in consolidations. The rules are as follows:

General: Any consolidation type can be used as input.

Prospects in a Play: Either Prospects in a Play or Segments in a Prospect may be used as input.

Segments in a Prospect: No consolidations may be used.

Stacked Plays: Both Prospects in a Play and Segments in a Prospect may be used as input.

Stacked Prospects: No consolidations may be used as input.

All consolidation types allow input of prospect files.

When consolidating with common chances defined, REP will check that the common chance for each input is the same and will not complete the calculation if it is not.

[Note: Starting from program version 5, all the levels of a consolidation are recalculated when a controlling calculation is done, including all prospects. This means that you need to have all the underlying files on your machine (or accessible from it) when doing a calculation.]