Policies Panel - Revision history

Rbazaes at 13:54, 22 March 2025

2025-03-22T13:54:22Z

← Older revision		Revision as of 13:54, 22 March 2025
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	* [[Insurance Contract\|Insurance Contract.]]		* [[Insurance Contract\|Insurance Contract.]]
	* [[Insurance\|Insurance.]]		* [[Insurance\|Insurance.]]
			* [[Middle Left Buttons]].

	[[Category:Game Concepts]]		[[Category:Game Concepts]]

Rbazaes at 13:53, 22 March 2025

2025-03-22T13:53:05Z

← Older revision		Revision as of 13:53, 22 March 2025
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	* Employees assigned to contracts will sell new policies each month. As of now, each employee sells up to 100 contracts per month (see the [[Insurance Contract Template\|Insurance Contract Template page]] for details about how the number of new contracts is computed). Thus, even if you set the number of employees to 0, you'll still be collecting money from already existing contracts.		* Employees assigned to contracts will sell new policies each month. As of now, each employee sells up to 100 contracts per month (see the [[Insurance Contract Template\|Insurance Contract Template page]] for details about how the number of new contracts is computed). Thus, even if you set the number of employees to 0, you'll still be collecting money from already existing contracts.
	* Be careful with expanding your policy base too fast! If you are too greedy and collects too much money from insurance contracts too fast, your [[Solvency Ratio\|Solvency ratio]] may start to go down pretty quickly (and if it goes below 1, it is [[Game Over\|game over!]]).		* Be careful with expanding your policy base too fast! If you are too greedy and collects too much money from insurance contracts too fast, your [[Solvency Ratio\|Solvency ratio]] may start to go down pretty quickly (and if it goes below 1, it is [[Game Over\|game over!]]).
			* Once a contract has been created, you cannot edit its line of business or type of contract.

	== Related concepts ==		== Related concepts ==

Rbazaes at 18:49, 21 March 2025

2025-03-21T18:49:04Z

← Older revision		Revision as of 18:49, 21 March 2025
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	***'''The Contract statistics''' table shows the same information as the overview window but specific to the selected policy.		***'''The Contract statistics''' table shows the same information as the overview window but specific to the selected policy.
	***For active contracts, you can additionally edit or eliminate them:		***For active contracts, you can additionally edit or eliminate them:
	****Click on the E''~~dit~~ contract'' button to edit any of its specifications. It will open the Insurance Contract Template with the current data as default (note that you '''cannot''' change neither the line of business nor the type of contract).		****Click on the ''Edit contract'' button to edit any of its specifications. It will open the Insurance Contract Template with the current data as default (note that you '''cannot''' change neither the line of business nor the type of contract).
	****Click on the ''Eliminate contract'' button to set a contract for deletion. You will receive a pop-up warning to confirm this operation. When you eliminate a contract, all assigned employees to this contract becomes unassigned, and the current contracts will run until expiration. You will still be able to see its information until the number of contracts becomes 0. After that, all data regarding this contract will disappear from the Overview window.		****Click on the ''Eliminate contract'' button to set a contract for deletion. You will receive a pop-up warning to confirm this operation. When you eliminate a contract, all assigned employees to this contract becomes unassigned, and the current contracts will run until expiration. You will still be able to see its information until the number of contracts becomes 0. After that, all data regarding this contract will disappear from the Overview window.
	== Strategy tips ==		== Strategy tips ==

Rbazaes at 18:44, 21 March 2025

2025-03-21T18:44:22Z

← Older revision		Revision as of 18:44, 21 March 2025
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	**If you have already created insurance contracts, you can click on any of them to display detailed information about the policy. Click here also if you want to edit or delete a policy. More precisely:		**If you have already created insurance contracts, you can click on any of them to display detailed information about the policy. Click here also if you want to edit or delete a policy. More precisely:
	***'''The''' '''Contract specification''' table shows information regarding the following:		***'''The''' '''Contract specification''' table shows information regarding the following:
	****Name of the contract-		****Name of the contract.
	****Whether it is active or not. A contract is active if it hasn't been set for deletion.		****Whether it is active or not. A contract is active if it hasn't been set for deletion.
	****[[Line of Business (Insurance)\|Line of business.]]		****[[Line of Business (Insurance)\|Line of business.]]

Rbazaes at 18:37, 21 March 2025

2025-03-21T18:37:02Z

← Older revision		Revision as of 18:37, 21 March 2025
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	** Accumulated premium: equal to the accumulated sum of all [[Insurance Premium\|premiums]] collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.		** Accumulated premium: equal to the accumulated sum of all [[Insurance Premium\|premiums]] collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.
	** Accumulated claims: equal to the accumulated sum of all [[Insurance Claim\|claims]] paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.		** Accumulated claims: equal to the accumulated sum of all [[Insurance Claim\|claims]] paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.
	** Gross written premium: equal to <math display="inline">\sum_{C} \text{YP}(C)</math>, where <math> \text{YP}(C)</math> is the [[Yearly Premium (Insurance)\|Yearly Premium]] of insurance contract ''C.''		** Gross written premium: equal to <math display="inline">\sum_{C} \text{YP}(C)</math>, where <math display="inline"> \text{YP}(C)</math> is the [[Yearly Premium (Insurance)\|Yearly Premium]] of insurance contract ''C.''
	*'''Contracts window:''' Here, you can see information regarding individual policies, as well as creating, editing or eliminating insurance contracts.		*'''Contracts window:''' Here, you can see information regarding individual policies, as well as creating, editing or eliminating insurance contracts.
	**Create new contract button: click here to open the [[Insurance Contract Template]], which allows you to create or edit an insurance contract.		**Create new contract button: click here to open the [[Insurance Contract Template]], which allows you to create or edit an insurance contract.

Rbazaes at 18:31, 21 March 2025

2025-03-21T18:31:14Z

← Older revision		Revision as of 18:31, 21 March 2025
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	** Accumulated premium: equal to the accumulated sum of all [[Insurance Premium\|premiums]] collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.		** Accumulated premium: equal to the accumulated sum of all [[Insurance Premium\|premiums]] collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.
	** Accumulated claims: equal to the accumulated sum of all [[Insurance Claim\|claims]] paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.		** Accumulated claims: equal to the accumulated sum of all [[Insurance Claim\|claims]] paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.
	** Gross written premium: equal to <math display="inline">\~~sum_C~~ \text{YP}(C)</math>, where <math> \text{YP}(C)</math> is the [[Yearly Premium (Insurance)\|Yearly Premium]] of insurance contract ''C.''		** Gross written premium: equal to <math display="inline">\sum_{C} \text{YP}(C)</math>, where <math> \text{YP}(C)</math> is the [[Yearly Premium (Insurance)\|Yearly Premium]] of insurance contract ''C.''
	*'''Contracts window:''' Here, you can see information regarding individual policies, as well as creating, editing or eliminating insurance contracts.		*'''Contracts window:''' Here, you can see information regarding individual policies, as well as creating, editing or eliminating insurance contracts.
	**Create new contract button: click here to open the [[Insurance Contract Template]], which allows you to create or edit an insurance contract.		**Create new contract button: click here to open the [[Insurance Contract Template]], which allows you to create or edit an insurance contract.

Rbazaes at 18:28, 21 March 2025

2025-03-21T18:28:59Z

← Older revision		Revision as of 18:28, 21 March 2025
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	****[[Cover (Insurance)\|Cover.]]		****[[Cover (Insurance)\|Cover.]]
	****[[Price (Insurance)\|Price.]]		****[[Price (Insurance)\|Price.]]
	== Strategy tips ~~(optional)~~ ==		***'''The Contract statistics''' table shows the same information as the overview window but specific to the selected policy.
	~~If applicable~~		***For active contracts, you can additionally edit or eliminate them:
			****Click on the E''dit contract'' button to edit any of its specifications. It will open the Insurance Contract Template with the current data as default (note that you '''cannot''' change neither the line of business nor the type of contract).
			****Click on the ''Eliminate contract'' button to set a contract for deletion. You will receive a pop-up warning to confirm this operation. When you eliminate a contract, all assigned employees to this contract becomes unassigned, and the current contracts will run until expiration. You will still be able to see its information until the number of contracts becomes 0. After that, all data regarding this contract will disappear from the Overview window.
			== Strategy tips ==

	~~== Real-world parallel~~ (~~optional~~) ==		* Employees assigned to contracts will sell new policies each month. As of now, each employee sells up to 100 contracts per month (see the [[Insurance Contract Template\|Insurance Contract Template page]] for details about how the number of new contracts is computed). Thus, even if you set the number of employees to 0, you'll still be collecting money from already existing contracts.
	If ~~applicable. Explain differences~~ and ~~similitudes with the real-world version~~.		* Be careful with expanding your policy base too fast! If you are too greedy and collects too much money from insurance contracts too fast, your [[Solvency Ratio\|Solvency ratio]] may start to go down pretty quickly (and if it goes below 1, it is [[Game Over\|game over!]]).

	== Related concepts ==		== Related concepts ==

Rbazaes at 18:13, 21 March 2025

2025-03-21T18:13:31Z

← Older revision		Revision as of 18:13, 21 March 2025
Line 12:		Line 12:
	**If you have already created insurance contracts, you can click on any of them to display detailed information about the policy. Click here also if you want to edit or delete a policy. More precisely:		**If you have already created insurance contracts, you can click on any of them to display detailed information about the policy. Click here also if you want to edit or delete a policy. More precisely:
	***'''The''' '''Contract specification''' table shows information regarding the following:		***'''The''' '''Contract specification''' table shows information regarding the following:
	****		****Name of the contract-
			****Whether it is active or not. A contract is active if it hasn't been set for deletion.
			****[[Line of Business (Insurance)\|Line of business.]]
			****[[Type of Contract (Insurance)\|Type of contract.]]
			****[[Policy Term (Insurance)\|Policy term]] (set as of now for 12 months for all contracts).
			****[[Profit Factor (Insurance)\|Profit factor.]]
			****Employees assigned to this particular contract.
			****[[Deductible (Insurance)\|Deductible]] (if any).
			****[[Cover (Insurance)\|Cover.]]
			****[[Price (Insurance)\|Price.]]
	== Strategy tips (optional) ==		== Strategy tips (optional) ==
	If applicable		If applicable

Rbazaes at 18:10, 21 March 2025

2025-03-21T18:10:19Z

← Older revision		Revision as of 18:10, 21 March 2025
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	This panel contains all information regarding your insurance business. It consists of two main windows:		This panel contains all information regarding your insurance business. It consists of two main windows:

	* '''Overview window:''' ~~this~~ window displays data over all your [[Insurance Contract\|insurance contracts]]:		* '''Overview window:''' This window displays data over all your [[Insurance Contract\|insurance contracts]]:
	** Number of contracts.		** Number of contracts.
	** Total value insured: equal to the sum of the covers over all your contracts.		** Total value insured: equal to the sum of the covers over all your contracts.
	** Accumulated premium: equal to the accumulated sum of all premiums collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.		** Accumulated premium: equal to the accumulated sum of all [[Insurance Premium\|premiums]] collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.
	** Accumulated claims: equal to the accumulated sum of all claims paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.		** Accumulated claims: equal to the accumulated sum of all [[Insurance Claim\|claims]] paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.
	** Gross written premium: equal to		** Gross written premium: equal to <math display="inline">\sum_C \text{YP}(C)</math>, where <math> \text{YP}(C)</math> is the [[Yearly Premium (Insurance)\|Yearly Premium]] of insurance contract ''C.''
			*'''Contracts window:''' Here, you can see information regarding individual policies, as well as creating, editing or eliminating insurance contracts.
			**Create new contract button: click here to open the [[Insurance Contract Template]], which allows you to create or edit an insurance contract.
			**If you have already created insurance contracts, you can click on any of them to display detailed information about the policy. Click here also if you want to edit or delete a policy. More precisely:
			***'''The''' '''Contract specification''' table shows information regarding the following:
			****
	== Strategy tips (optional) ==		== Strategy tips (optional) ==
	If applicable		If applicable

Rbazaes: Created page with "== Description == This panel contains all information regarding your insurance business. It consists of two main windows: * '''Overview window:''' this window displays data over all your insurance contracts: Number of contracts. Total value insured: equal to the sum of the covers over all your contracts. ** Accumulated premium: equal to the accumulated sum of all premiums collected during the entire duration over your ''active'' (i.e., not d..."

2025-03-21T18:04:50Z

Created page with "== Description == This panel contains all information regarding your insurance business. It consists of two main windows: * '''Overview window:''' this window displays data over all your insurance contracts: ** Number of contracts. ** Total value insured: equal to the sum of the covers over all your contracts. ** Accumulated premium: equal to the accumulated sum of all premiums collected during the entire duration over your ''active'' (i.e., not d..."

New page

== Description ==
This panel contains all information regarding your insurance business. It consists of two main windows:

* '''Overview window:''' this window displays data over all your [[Insurance Contract|insurance contracts]]:
** Number of contracts.
** Total value insured: equal to the sum of the covers over all your contracts.
** Accumulated premium: equal to the accumulated sum of all premiums collected during the entire duration over your ''active'' (i.e., not deleted) policies. This represents the total cash collected from premiums over all active contracts since the time the policy was created.
** Accumulated claims: equal to the accumulated sum of all claims paid during the entire duration over your active policies. This represents the total cash paid from claims over all active contracts since the time the policy was created.
** Gross written premium: equal to

== Strategy tips (optional) ==
If applicable

== Real-world parallel (optional) ==
If applicable. Explain differences and similitudes with the real-world version.

== Related concepts ==

* [[Insurance Contract|Insurance Contract.]]
* [[Insurance|Insurance.]]

[[Category:Game Concepts]]