View ceded premiums
About this task
In the policy file, the Risk Details tab of the Reinsurance screen has a View Ceded Premiums button.
Ceded premiums are calculated if both of the following are true:
- The policy has been issued.
- All reinsurance agreements on the policy are active.
This screen enables you to view ceded premiums in several different groupings: by policy transaction, by agreement, by agreement’s ceding across time.
In the default configuration, PolicyCenter calculates the ceded premiums and commissions and stores the values in a database table. You can integrate with an accounts payable system that processes the ceded premiums and commissions.
To view ceded premiums on a policy:
Procedure
- Navigate to a policy that has been issued and for which all reinsurance agreements are active.
- Click View Ceded Premiums to view the ceded premiums for the selected risk.
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Click a link to view ceded premiums
in the following ways:
- All Transactions – You can see how much premium was ceded at submission, as of the first policy change, or other transaction.
- All agreements for a cost – View each agreement’s ceding in a calculation for each cost. You can see how premium was ceded for a single piece of premium for each job. For example, if $100 was ceded in direct premium at submission, you can see how the premium was ceded to the applicable treaties.
- All costs for an agreement – View the each cost component for an agreement’s ceding
- An agreement’s cedings across time – View cost ceding across time for each agreement
What to do next
See also