Reinsurance Tool
Sep 9, 2023
v.0
A tool to determine maximum participation for the PVI binder until 23.08.2023 Tool Reinsurance PVI Binder Maximum Participation

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Bugs  
None!

Get This App On Your Website

1. Copy the code above with the iframe and link.
2. Paste the code into your website.
3. Resize the iframe to fit your website.

Javascript, HTML, CSS Code

                
<html>
<head>
<script type="text/javascript"> window.addEventListener('error', function(event) { var message = JSON.parse(JSON.stringify(event.message)); var source = event.filename; var lineno = event.lineno; var colno = event.colno; var error = event.error; window.parent.postMessage({ type: 'iframeError', details: { message: message, source: source, lineno: lineno, colno: colno, error: error ? error.stack : '' } }, '*'); }); window.addEventListener('unhandledrejection', function(event) { window.parent.postMessage({ type: 'iframePromiseRejection', details: { reason: event.reason } }, '*'); }); </script>

<meta charset="utf-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width,initial-scale=1">

<title>Reinsurance Tool</title>
<meta name="description" content="A tool to determine maximum participation for the PVI binder until 23.08.2023">
<meta name="keywords" content="Reinsurance, Tool, PVI Binder, Maximum Participation">

<script src="https://ajax.googleapis.com/ajax/libs/jquery/3.6.0/jquery.min.js"></script>
<link href="https://cdn.jsdelivr.net/npm/bootstrap@5.0.2/dist/css/bootstrap.min.css" rel="stylesheet"
integrity="sha384-EVSTQN3/azprG1Anm3QDgpJLIm9Nao0Yz1ztcQTwFspd3yD65VohhpuuCOmLASjC" crossorigin="anonymous">
<link href="https://stackpath.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css" rel="stylesheet">

<script type="text/javascript">
try {
class Reinsurer {
constructor(name, max_capacity, limit_percentage=1.0) {
this.name = name;
this.max_capacity = max_capacity;
this.limit_percentage = limit_percentage;
}

max_participation(reinsurance_limit) {
return Math.min(this.max_capacity, this.limit_percentage * reinsurance_limit);
}
}

function calculate_total_max_participation(reinsurance_limit, reinsurers) {
return reinsurers.reduce((sum, r) => sum + r.max_participation(reinsurance_limit), 0);
}

function calculate_individual_participation(desired_capacity, reinsurance_limit, reinsurers) {
let max_participations = reinsurers.map(r => r.max_participation(reinsurance_limit));
let total_max_capacity = max_participations.reduce((sum, mp) => sum + mp, 0);

let real_participations = (desired_capacity <= total_max_capacity)
? max_participations.map(mp => desired_capacity * (mp / total_max_capacity))
: max_participations;

return real_participations;
}

document.addEventListener("DOMContentLoaded", function() {
let reinsurers = [
new Reinsurer("Halyk", 500000),
new Reinsurer("Uzbekinvest", 1500000, 0.10),
new Reinsurer("Nomad", 500000, 0.10)
];

$('#calculate').click(function() {
let reinsurance_limit = parseFloat($('#reinsurance-limit').val());
let desired_capacity = parseFloat($('#desired-participation').val());

let total_max_participation = calculate_total_max_participation(reinsurance_limit, reinsurers);
$('#max-participation').text(`USD ${total_max_participation.toFixed(2)}`);

let participations = calculate_individual_participation(desired_capacity, reinsurance_limit, reinsurers);

$('#individual-participations').empty();
participations.forEach((participation, index) => {
$('#individual-participations').append(`<li>${reinsurers[index].name}: USD ${participation.toFixed(2)}</li>`);
});
});
});

} catch (error) {
throw error;
}
</script>

<style>
body {
background-color: #f5f5f5;
font-family: 'Comic Sans MS', cursive, sans-serif;
}

.container {
margin-top: 50px;
}
</style>

<link rel="canonical" href="https://calculator.tools/app/reinsurance-tool-61/">
<meta charset="utf-8">

</head>
<body>
<div id="main-container" class="container">
<h2>Reinsurance Tool to Determine Maximum Participation for the PVI Binder Until 23.08.2023</h2>
<hr/>
<div class="form-group">
<label for="reinsurance-limit">Reinsurance Limit (USD):</label>
<input type="number" id="reinsurance-limit" class="form-control" min="0">
</div>
<div class="form-group">
<label for="desired-participation">Desired Participation (USD):</label>
<input type="number" id="desired-participation" class="form-control" min="0">
</div>
<button id="calculate" class="btn btn-primary mt-3">Calculate</button>
<hr/>
<h4>Total Maximum Participation: <span id="max-participation"></span></h4>
<hr/>
<h4>Individual Participations:</h4>
<ul id="individual-participations"></ul>
</div>
<script type="text/javascript"> var localStoragePrefix = "ct-61"; var lastSave = 0; function saveLocal(data) { if (Date.now() - lastSave < 1000) { return; } let cookie = localStoragePrefix + "=" + JSON.stringify(data) + "; path=" + window.location.pathname + "'; SameSite=Strict"; cookie += "; expires=" + new Date(Date.now() + 1000 * 60 * 60 * 24 * 365 * 1000).toUTCString(); document.cookie = cookie; lastSave = Date.now(); } function loadLocal() { var cookiePrefix = localStoragePrefix + "="; var cookieStart = document.cookie.indexOf(cookiePrefix); if (cookieStart > -1) { let cookieEnd = document.cookie.indexOf(";", cookieStart); if (cookieEnd == -1) { cookieEnd = document.cookie.length; } var cookieData = document.cookie.substring(cookieStart + cookiePrefix.length, cookieEnd); return JSON.parse(cookieData); } } </script>
<script type="text/javascript"> window.addEventListener('load', function() { var observer = new MutationObserver(function() { window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); observer.observe(document.body, {attributes: true, childList: true, subtree: true}); window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); </script>
</body>
</html>

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