Create a new program in reinsurance

About this task

A reinsurance program is a set of treaties put together by the insurer. In a multicurrency system, the program and its treaties must have the same currency.

Procedure

  1. Select Agreements from the Reinsurance tab to view the Search Agreements screen.
  2. Select Actions > New Program.
  3. At a minimum, enter a Name, Effective Date, and Expiration Date.
  4. On the Treaties tab, click Add to search for Per Risk and Aggregate agreements. For more information about this tab, see Reinsurance Program screen.
  5. On the Applies To tab, add one or more Included Coverage Groups such as property or auto liability. For more information about this tab, see Reinsurance Program screen.
  6. Click Update to create the program.