SICSR-18414

[SICSR-18414] Error message in UW Estimates when calculating premium in multiple currencies  
Product Line: P&C
Component/s: Business Underwriters Estimates
Affects Version/s: SICS 4.9.5
Fix Version/s: SICS 20.1
Customer: Länsförsäkringar AB

Problem:

Error message given in Underwriters Estimates calculation when calculation rules includes one of the following variables: 

  • Deposit Premium Amount Our Share (%depositPremiumAmountOurShares)
  • Minimum Premium Amount Our Share (%minimumPremiumAmountOurShares)

Occurs when Minimum and Deposit premium are registered in multiple currencies, and conversion does not create an exact decimal result 

Example: Amount = 8815, RoE = 1,2. Calculation gives 8815 / 1,2 = 7345,833333

Solution:

Make sure a rounding is applied when other currencies are converted to the estimate currency, and conversion is done correctly without giving any error

Workaround:

None

Root Cause:

 

Extent of Impact:

Impact on Existing Data

Recovery Method for Existing Data Affected

Claim