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kfortenberry
Frequent Visitor

Calculate Years of Policy Retention

I would appreciate any assistance to create a new measure to calculate the years of policy retention by policy number for the following sample data. 

 

For each unique policy number, there may be several transactions entered for a particular policy year, but I would like a total count of each unique effective date for each policy number.

 

In this sample data, I would expect 2875 to return a count of 3, 3294 would return a  count of 4 and 7236 would return a count of 4.

 

Policy NumberEffective Date Transaction Amount 
28752/1/2020 $                          20.00
28752/1/2020 $                          30.00
28752/1/2020 $                          25.00
28752/1/2021 $                          45.00
28752/1/2022 $                          50.00
32944/15/2021 $                          22.00
32944/15/2022 $                          13.00
32944/15/2022 $                          72.00
32944/15/2022 $                          55.00
32944/15/2023 $                          30.00
32944/15/2023 $                          45.00
32944/15/2024 $                          60.00
72362/1/2018 $                          19.00
72362/1/2019 $                          43.00
72362/1/2019 $                          23.00
72362/1/2019 $                          25.00
72362/1/2020 $                          40.00
72362/1/2020 $                          17.00
72362/1/2021 $                            5.00
72362/1/2021 $                          64.00

 

As different policy numbers may have the same effective dates, I cannot simply count distinct effective dates and compare to distinct policy numbers. I am not concerned with gaps in effective dates as if there is a gap the policy number would also change.

 

I will be utlizing this data to provide average policy retention periods on simple cards for avariety of other statistics (such as state, coverage type & profession). 

1 ACCEPTED SOLUTION
FreemanZ
Super User
Super User

hi @kfortenberry ,

 

not so sure if i fully get you. you may try to write a measure like:

measure = 
SUMX(
    VALUES(data[policy number]),
    CALCULATE(DISTINCTCOUNT(data[Effective Date]))
)

 

it worked like:

FreemanZ_0-1710386319242.png

 

View solution in original post

1 REPLY 1
FreemanZ
Super User
Super User

hi @kfortenberry ,

 

not so sure if i fully get you. you may try to write a measure like:

measure = 
SUMX(
    VALUES(data[policy number]),
    CALCULATE(DISTINCTCOUNT(data[Effective Date]))
)

 

it worked like:

FreemanZ_0-1710386319242.png

 

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