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Highlights from
Reinsurance Demo

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from Reinsurance Demo by Kas Sharma
Demo: GUI that prices a reinsurance contract based on "Excess of Loss" terms.

pricingapp(varargin)
function varargout = pricingapp(varargin)
% PRICINGAPP M-file for pricingapp.fig
%      PRICINGAPP, by itself, creates a new PRICINGAPP or raises the existing
%      singleton*.
%
%      H = PRICINGAPP returns the handle to a new PRICINGAPP or the handle to
%      the existing singleton*.
%
%      PRICINGAPP('CALLBACK',hObject,eventData,handles,...) calls the local
%      function named CALLBACK in PRICINGAPP.M with the given input arguments.
%
%      PRICINGAPP('Property','Value',...) creates a new PRICINGAPP or raises the
%      existing singleton*.  Starting from the left, property value pairs are
%      applied to the GUI before pricingapp_OpeningFunction gets called.  An
%      unrecognized property name or invalid value makes property application
%      stop.  All inputs are passed to pricingapp_OpeningFcn via varargin.
%
%      *See GUI Options on GUIDE's Tools menu.  Choose "GUI allows only one
%      instance to run (singleton)".
%
% See also: GUIDE, GUIDATA, GUIHANDLES

% Edit the above text to modify the response to help pricingapp

% Last Modified by GUIDE v2.5 02-Oct-2003 23:45:52

% Begin initialization code - DO NOT EDIT
gui_Singleton = 1;
gui_State = struct('gui_Name',       mfilename, ...
                   'gui_Singleton',  gui_Singleton, ...
                   'gui_OpeningFcn', @pricingapp_OpeningFcn, ...
                   'gui_OutputFcn',  @pricingapp_OutputFcn, ...
                   'gui_LayoutFcn',  [] , ...
                   'gui_Callback',   []);
if nargin & isstr(varargin{1})
    gui_State.gui_Callback = str2func(varargin{1});
end

if nargout
    [varargout{1:nargout}] = gui_mainfcn(gui_State, varargin{:});
else
    gui_mainfcn(gui_State, varargin{:});
end
% End initialization code - DO NOT EDIT


% --- Executes just before pricingapp is made visible.
function pricingapp_OpeningFcn(hObject, eventdata, handles, varargin)
% This function has no output args, see OutputFcn.
% hObject    handle to figure
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)
% varargin   command line arguments to pricingapp (see VARARGIN)

% Choose default command line output for pricingapp
handles.output = hObject;

% Update handles structure
guidata(hObject, handles);

% UIWAIT makes pricingapp wait for user response (see UIRESUME)
% uiwait(handles.figure1);


% --- Outputs from this function are returned to the command line.
function varargout = pricingapp_OutputFcn(hObject, eventdata, handles)
% varargout  cell array for returning output args (see VARARGOUT);
% hObject    handle to figure
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Get default command line output from handles structure
varargout{1} = handles.output;


% --- Executes during object creation, after setting all properties.
function editpremium_CreateFcn(hObject, eventdata, handles)
% hObject    handle to editpremium (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    empty - handles not created until after all CreateFcns called

% Hint: edit controls usually have a white background on Windows.
%       See ISPC and COMPUTER.
if ispc
    set(hObject,'BackgroundColor','white');
else
    set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end



function editpremium_Callback(hObject, eventdata, handles)
% hObject    handle to editpremium (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Hints: get(hObject,'String') returns contents of editpremium as text
%        str2double(get(hObject,'String')) returns contents of editpremium as a double


% --- Executes during object creation, after setting all properties.
function editELR_CreateFcn(hObject, eventdata, handles)
% hObject    handle to editELR (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    empty - handles not created until after all CreateFcns called

% Hint: edit controls usually have a white background on Windows.
%       See ISPC and COMPUTER.
if ispc
    set(hObject,'BackgroundColor','white');
else
    set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end



function editELR_Callback(hObject, eventdata, handles)
% hObject    handle to editELR (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Hints: get(hObject,'String') returns contents of editELR as text
%        str2double(get(hObject,'String')) returns contents of editELR as a double


% --- Executes during object creation, after setting all properties.
function editcommision_CreateFcn(hObject, eventdata, handles)
% hObject    handle to editcommision (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    empty - handles not created until after all CreateFcns called

% Hint: edit controls usually have a white background on Windows.
%       See ISPC and COMPUTER.
if ispc
    set(hObject,'BackgroundColor','white');
else
    set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end



function editcommision_Callback(hObject, eventdata, handles)
% hObject    handle to editcommision (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Hints: get(hObject,'String') returns contents of editcommision as text
%        str2double(get(hObject,'String')) returns contents of editcommision as a double


% --- Executes during object creation, after setting all properties.
function editxol_CreateFcn(hObject, eventdata, handles)
% hObject    handle to editxol (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    empty - handles not created until after all CreateFcns called

% Hint: edit controls usually have a white background on Windows.
%       See ISPC and COMPUTER.
if ispc
    set(hObject,'BackgroundColor','white');
else
    set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end



function editxol_Callback(hObject, eventdata, handles)
% hObject    handle to editxol (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Hints: get(hObject,'String') returns contents of editxol as text
%        str2double(get(hObject,'String')) returns contents of editxol as a double


% --- Executes during object creation, after setting all properties.
function editnumoflob_CreateFcn(hObject, eventdata, handles)
% hObject    handle to editnumoflob (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    empty - handles not created until after all CreateFcns called

% Hint: edit controls usually have a white background on Windows.
%       See ISPC and COMPUTER.
if ispc
    set(hObject,'BackgroundColor','white');
else
    set(hObject,'BackgroundColor',get(0,'defaultUicontrolBackgroundColor'));
end



function editnumoflob_Callback(hObject, eventdata, handles)
% hObject    handle to editnumoflob (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)

% Hints: get(hObject,'String') returns contents of editnumoflob as text
%        str2double(get(hObject,'String')) returns contents of editnumoflob as a double


% --- Executes on button press in pushbutton1.
function pushbutton1_Callback(hObject, eventdata, handles)
% hObject    handle to pushbutton1 (see GCBO)
% eventdata  reserved - to be defined in a future version of MATLAB
% handles    structure with handles and user data (see GUIDATA)
premium = str2num(get(handles.editpremium, 'String'))
ELR = str2num(get(handles.editELR, 'String'))/100
% premium = 10000000;
lossPick = ELR*premium;
commission = str2num(get(handles.editcommision, 'String'))/100
XOL = str2num(get(handles.editxol, 'String'))
numoflob = str2num(get(handles.editnumoflob, 'String'))
[NPV,prob, averageSeverity, numofclaims] = pricing(premium, ELR, commission, XOL, numoflob);

set(handles.text8,'String', ['Average size of Claim : ', num2str(averageSeverity)]);
set(handles.text7,'String', ['Average Number of Claims : ', num2str(numofclaims)]);
set(handles.text9,'String', ['Total number of Simulations : ', num2str(numofclaims.^2)]);

%Plotting the cdf in the GUI Axes
axes(handles.axes3)
plot(prob, fliplr(sort(NPV)));
title('CDF of Net Present Value');
xlabel('Percentage (%)');
ylabel('NPV ($$)');
grid on;


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