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Anonymous's avatar
Anonymous
Not applicable
5 years ago

persistency check

I have an issurance data where i have to check for persistency. I need help on how many people bought the policy throughout the 3 months period or how many people cancelled their policy after one momth. How can i formulate persistency on power bi?

1 Reply

  • amitchandak's avatar
    amitchandak
    Icon for Super User rankSuper User
    5 years ago

    Anonymous , on the way, is I create a month year column and do count distinct month year for rolling three month data. So if If you get 3 it means they got for all three months.

    Canceled in next month, check for next month based on cancellation date , You need to  join purchase and cancel both to same date table and the use userelationship and time intelligence 

     

    example

    Rolling 3 = CALCULATE(distinctcount(Table[Month Year]),DATESINPERIOD('Date'[Date],max('Date'[Date]),-3,MONTH))

    Rolling 3 = CALCULATE(distinctcount(Table[Month Year]),DATESINPERIOD('Date'[Date],eomonth(max('Date'[Date]),0),-3,MONTH))

     

    Purcahse in last three months /Customer id or policy id(if same policy)

     

    Example of this month next month

    MTD Sales = CALCULATE(SUM(Sales[Sales Amount]),DATESMTD('Date'[Date]))
    next MTD Sales = CALCULATE(SUM(Sales[Sales Amount]),DATESMTD(dateadd('Date'[Date],1,MONTH)))

    next month Sales = CALCULATE(SUM(Sales[Sales Amount]),nextmonth('Date'[Date]))

     

    Userelationship : https://www.youtube.com/watch?v=e6Y-l_JtCq4

    Power BI — Month on Month with or Without Time Intelligence
    https://medium.com/@amitchandak.1978/power-bi-mtd-questions-time-intelligence-3-5-64b0b4a4090e
    https://www.youtube.com/watch?v=6LUBbvcxtKA

    countx( values(Table[Policy ID]), if( not(isbalnk([Rolling 3])),1,blank()))