Edit ceding parameters

About this task

The reinsurance plugin chooses reinsurance programs for each risk. The Reinsurance screen in a policy file displays the agreements in the programs. On this screen, you can modify which treaties cover the selected risk.

In the policy file, the Per Risk tab of the Reinsurance screen lists the reinsurance agreements in the selected program. In the column on the far right, each treaty has an Edit button.

Facultative agreements are added or removed on a per risk basis as described in Adding or linking to a facultative agreement. Therefore, facultative agreements do not have the Edit button.

To edit ceding parameters:

Procedure

Click the Edit button.
PolicyCenter displays the Edit Ceding Parameters screen.

In the Inclusion drop-down list, select one of the following choices:

Value	Description
Included	Default. Include a risk in coverage for a treaty. This value does not appear in the Inclusion column.
Excluded	Exclude a risk from coverage by a treaty. For example, this risk does not fit the treaty for a reason that the system cannot determine automatically. Excluded appears in the Inclusion column. Excluding a risk from coverage has a particular behavior if a reinsurance program spans more than one term. If you exclude a risk from coverage by an agreement in a later term, PolicyCenter excludes the risk in that term and in later terms. PolicyCenter excludes the agreement by creating an inclusion row for the later terms. PolicyCenter does not exclude the agreement in prior terms. See `AttachmentInclusion` in Properties of risk version lists.
Special Acceptance	Make a special inclusion that cedes risk to a treaty even though it does not fit the normal criteria for inclusion under the treaty. Select this value if you have the reinsurer’s agreement to include this risk. Special Acceptance appears in the Inclusion column. In the base implementation, this is the same as Included. You can customize this inclusion to meet your needs.

Value

Description

Included

Default. Include a risk in coverage for a treaty. This value does not appear in the Inclusion column.

Excluded

Exclude a risk from coverage by a treaty. For example, this risk does not fit the treaty for a reason that the system cannot determine automatically. Excluded appears in the Inclusion column.

Excluding a risk from coverage has a particular behavior if a reinsurance program spans more than one term. If you exclude a risk from coverage by an agreement in a later term, PolicyCenter excludes the risk in that term and in later terms. PolicyCenter excludes the agreement by creating an inclusion row for the later terms. PolicyCenter does not exclude the agreement in prior terms.

See AttachmentInclusion in Properties of risk version lists.

Special Acceptance

Make a special inclusion that cedes risk to a treaty even though it does not fit the normal criteria for inclusion under the treaty. Select this value if you have the reinsurer’s agreement to include this risk. Special Acceptance appears in the Inclusion column.

In the base implementation, this is the same as Included. You can customize this inclusion to meet your needs.