Scenario Compare
The Scenario Compare report enables side-by-side comparison of multiple pricing scenarios to evaluate the impact of different rate strategies before production implementation. The report helps actuarial, pricing, underwriting, and business users analyse premium movement, uplift trends, policy impact distribution, and revenue implications across multiple What-If scenarios.
The report supports comparative analysis between baseline pricing, current pricing, and multiple proposed pricing strategies to help identify the most optimal pricing approach.
Scenario Comparison
The report supports comparison of a Base Scenario, Scenario A, Scenario B, and additional What-If scenarios.
For each scenario, the platform calculates:
| Metric | Description |
|---|---|
| Charged Premium | Baseline booked premium for the in-scope portfolio |
| Current Premium | Premium recalculated using currently active production rates |
| Proposed Premium | Premium recalculated using scenario-specific pricing assumptions |
Uplift Calculations
Uplift vs Charged
Measures premium movement between Proposed Premium and Charged Premium.
Formula
(Proposed − Charged) ÷ Charged × 100
| Result | Interpretation |
|---|---|
| Positive % | Premium increase / rate hike |
| Negative % | Premium decrease / rate reduction |
| 0% | No premium movement |
Uplift vs Current
Measures premium movement between Proposed Premium and Current Premium.
Formula
(Proposed − Current) ÷ Current × 100
| Result | Interpretation |
|---|---|
| Positive % | Proposed rates increase premium compared to current rates |
| Negative % | Proposed rates reduce premium compared to current rates |
| 0% | No premium movement compared to current pricing |
Minor display variations may occur due to internal precision and rounding rules. Although two values may display identically after rounding, underlying precision differences can result in a non-zero displayed percentage.
Scenario-Level Comparison Metrics
The report displays the following for each scenario:
- Charged Premium
- Current Premium
- Proposed Premium
- Uplift vs Charged
- Uplift vs Current
- Absolute premium movement
- Policy counts
- Revenue comparison indicators
When multiple scenarios produce similar overall premium movement, the platform evaluates directional improvement, premium stability, relative uplift, and portfolio distribution impact to support scenario selection.
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