What is the hierarchy of objects in AXIS?
Cells → Subfunds → Funds → Offices. Each level builds on the one below it to summarize results.
What is a Cell in AXIS?
The smallest building block. It defines one type of product or scenario, such as Male Non-Smoker Term Life policies.
What is a Subfund in AXIS?
A group of related Cells. For example, all Term Life product variations (different ages, sexes, smoking statuses) could be grouped into one Subfund.
What is a Fund in AXIS?
A collection of Subfunds representing a product line or business segment. For example, all Life Insurance Subfunds might form a Life Fund.
What is an Office in AXIS?
The top level that aggregates all Funds to represent an entire company or business division. For example, an Office might represent the U.S. Operations of an insurer.
Why is AXIS structured hierarchically?
To organize calculations from individual product-level projections up to company-level summaries, ensuring consistency and scalability.
How does information flow through the AXIS hierarchy?
Results flow upward — individual Cell results are consolidated into Subfunds, then into Funds, and finally into Offices.
Can you give an example of how hierarchy works in AXIS?
Example: A Term Life Cell (Male Non-Smoker) rolls up into the Term Life Subfund, which rolls up into the Life Fund, which rolls up into the North America Office.
What type of results are typically rolled up in the hierarchy?
Financial projections, reserves, cashflows, and profitability results are aggregated from Cells to Offices.
Why is hierarchy useful for actuaries in AXIS?
It allows actuaries to analyze results at different levels of detail — from a single product group to an entire company.
