Prophet is a widely used actuarial modelling software distributed by FIA, designed to support life insurers and family takaful operators in performing complex financial projections and regulatory reporting. It provides a flexible platform for building and running models that simulate policy cash flows, calculate reserves, assess capital requirements, and support financial reporting frameworks such as IFRS 17 and Solvency II. With its modular architecture, Prophet allows actuaries to tailor models to specific product features, business needs, and regulatory requirements—making it a powerful tool for both day-to-day valuation and strategic decision-making.
- SPCODE (Sub-product codes)
- Enumerations
- New business processing
- Calculation looping