Create a new facultative agreement in reinsurance

Procedure

  1. Click the Reinsurance tab.
  2. Select Actions > New Facultative Agreement and select one of the following agreement types:
    • Proportional Facultative Agreement
    • Excess of Loss Facultative Agreement
    • Net Excess of Loss Facultative Agreement
  3. Enter values for all required fields.
  4. On the Agreement Participants tab, add at least one participant. A participant is a reinsurer participating in this agreement. For more information about this tab, see Treaty or Facultative Agreement screen.
  5. Click Update to create the agreement.