The Reinsurance module accommodates all types of treaties, Proportional, Excess of Loss and Facultative Placement. Treaty's accounts are updated on line real time.
Quota-Share, First and Second Surplus and Facob Treaties.
Excess of Loss, Working Excess of and Catastrophe Excess of Loss treaties with several Layers.
Table of Retention per treaty and Per Risk Category.
Reinsurance Premium and Commission Distribution by cover.
Different Reinsurance commission rates for each cover.
On line Reinsurance Claim Reserves, Payments and Recoveries share distribution per cover.
Produce Treaty Accounts.
Full or Partial Facultative Placement.
Risk Profile by Sum Insured, by Categories.
Reinsurance Calculation is triggered on:
Policy Issuing
Premium Billing
Premium Payment
Charging Calculation