What’s New

Accounting General

SE-566 - Create one OCC with EC Transformation Term on Section level - SICS - Renaissance Re

Aim of function

To be able to set different Entry Code Transformation Terms on Sub Section Level on Prop Treaty OCC

System Parameter affected

The general System Parameter “Allow Booking/Use Conditions on OCC/RP Section Level” must be selected And on the actual OCC the “Automatically booked figures on section level” must be selected on the Business, Accounting Info tab.

Existing functionality affected

Running Retrocession Calculation order, Retrocession Account order, Retrocession Calculation Estimation order and retrocession group orders.

SE-1016 - Enhance Partner Ledger to add one column to show Treaty or Fac - SICS - China Re

Aim of function

In the Balance Pairing Properties window it is important to see if the included balances belongs to Treaty or Non-Treaty businesses. With this information, the users can easily filter the pairing according to the type of business. It will improve the efficiency of the balance pairing process. And it will be also very helpful for the users to do accounting statistic.

System Parameter affected

N/A

Existing functionality affected

Settlement Balance Pairing

SE-1102 - Book instalments when setting registration complete flag - SICS - Swiss Re Zurich

Aim of function

To have the Instalments booked automatically on all section for an insured period when Registration Complete is set manually on an Assumed Business, with the possibility to exclude businesses from this function based on criteria.

System Parameter affected

Prerequisite: ‘Require Registration Complete’ New System Parameter to enable this function named ‘Book Instalments automatically when setting registration complete flag’.

Existing functionality affected

Automatic Installment Booking

Changed documentation

accounting/#automatic-instalment-booking

SE-1346 - Wrong Financial Period - Consider New Worksheet Origin ‘Automatic eMessaging’ - SICS - Swiss Re Zurich

Aim of function

To be able to exclude worksheet origin ‘Automatic eMessaging’ in Plausibility Rules to be used when running the Post Booking Report

System Parameter affected

Plausibility Rules under Accounting

Existing functionality affected

Post Booking Report

Business

SE-266 - Ensure capture of insured object for business - SICS - China Re

Aim of function

Ensuring that a contract identifies covered objects (e.g. a particular building, vessel or CAR/EAR) increases the quality of the information available by easy access to the object details.  It also ensures that the contract is included in a possible object accumulation control. To ensure that the contract has identified the objects covered, some companies want to remind the users to give these for certain types of business (e.g.  facultative and direct business).  It is therefore now be possible to set up the system to warn the user if a link to at least one insured object for definite contracts is missing.   

System parameters affected

None

Existing functionality affected

  • Cover Insurable Objects
  • Classify Contract:
  • Create Business
  • Copy Business
  • Place Business
  • Change Business Life Cycle Status 
  • Update Business
  • Renew Business Manually
  • Mass Renew Business

Changed documentation

base_company_specific_settings/#system-parameters-type—classification-rules-4

SE-722 - Find complete and incomplete businesses - SICS - Swiss Re Zurich

Aim of function

Users may register a contract and make it definite without having all the terms and conditions recorded. To ensure that the contract is ready to be processed, e.g. to be booked on, some companies require a selected set of information to be registered first and that the Registration Complete status has been set.

To simplify the user experience and increase efficiency in identifying complete and incomplete contracts, SICS offers now the possibility to search for complete and/or not complete contracts.  It the result list, it shows whether each contract is complete or not. 

System parameters affected

Business / Conditions / Miscellaneous:  Require Complete Registration

Existing functionality affected

  • Maintain Complete Contract Reqistration  
  • Find Business

SE-1041 - Support Intra Group Contract when Single Treaty Protection - SICS - China Re

Aim of function

Reinsurance companies often assume a treaty that should protect only one single treaty from the cedent.  If this single treaty protection is proportional, the terms and condition are for the most part the same as the original.  For example, if the protected treaty (original) is a non-proportional excess of loss treaty and the single treaty protection is proportional, the terms and condition of the single treaty protection is excess of loss conditions.  Proportional single treaties protections (also when being assumed business) will in SICS now therefore have terms and conditions according to their covered type of business and covered type of participation, rather than their method. 

Also, companies sometimes cede business to an ‘internal’ reinsurer, e.g. to a com­pany in the same corporation.  Each of the parties are in these cases base companies, where for example the parent is the cedent and the subsidiary is one of the reinsurers/retrocessionaires. In the subsidiary’s view, this treaty is an ‘internal’ assumed business - an inward intra group contract.  When the latter is a single treaty protection, SICS now gives also this single treaty protection functionality.  For example, when being a proportional single treaty protection, and the original contract is non-proportional, the intra group contract gets non-proportional terms and conditions. 

System parameters affected

Business / Business Identifier: Let the Business Identifier of Single Treaty Protection be equal to the Master Business ID plus sequence number

Existing functionality affected

  • Create Intra Group Contracts
  • Classify Business
  • Maintain Premium and Limits Conditions
  • Maintain Reinstatement Conditions
  • Maintain Claims Conditions
  • Maintain Share Conditions
  • Change Life Cycle Status
  • Renew Business
  • Copy Business

Changed documentation

business/#845-business-identifiers

SE-1042 - Capture VAT and Surcharge on treaty by Web Service - SICS - China Re

Aim of function

To improve efficiency in entry of terms and conditions, it is now possible to give also Value Added Tax (VAT) and Surcharge by Web Service

System parameters affected

None

Existing functionality affected

  • Capture Value Added Tax and Surcharge on contract manually
  • Update Insured Period information by Web Service (updateInsuredPeriod)

SE-1094 - Ensure mandatory reporting unit on sub section - SICS - China Re

Aim of function

Reinsurance companies may reflect how they divide their business internally by use of the SICS reporting units. These allows registering a contract with one or more reporting units per category, e.g. profit centers or segments.  Often companies requires that a contract has at least one reporting unit of certain categories.   To improve the data quality and efficiency, at reporting unit assignment, SICS now offers an automatic update of possible sub sections.  Also, to ensure that mandatory reporting units exist not only on the section the user updates, but also on its sub sections, SICS now has the following validation: If trying to remove a reporting unit from a definite business, and this will result in a sub section missing a reporting unit, the system will stop the removal.

System parameters affected

Base Company Setting /Classification Rule 1:  Mandatory Reporting Unit Categor(y)ies

Existing functionality affected

  • Assign Reporting Units
  • Remove Reporting Units
  • Section Business
  • Handle Insured Object Cessions
  • Handle Declarations

Claim, NP Recovery, Cede

SE-403 - FGU functionality to allow a tolerance limit - SICS - Allianz AG

Aim of function

Allow minor adjustments in FGU generated worksheets for Paid Loss. The minor adjustment booking is generated automatically, and validated against the tolerance limit defined. The functionality is only available when parameter “Manual AC split in FGU worksheets” is activated.

System Parameters Affected

Enable minor adjustment in FGU worksheet (new)

Manual AC split in FGU worksheets

Existing functionality affected

Claim FGU booking

Changed documentation

claims/#875-claim-accounting

SE-929 - FX calculation of Technical Worksheet details linked to Headline Loss - SICS - Renaissance Re

Aim of function

The enhancement will ensure that technical worksheet details which have been linked to a Headline Loss is allocated to the Occurrence Year as per the selected Headline Loss, and are not considered in an Occurrence Year Allocation order. When functional currency amount(s) are to be calculated, such details applies the rate as per FX Date of Loss as recorded on the Headline Loss itself. Other details in the worksheet applies the regular Technical Worksheet calculation rule.

System Parameters affected

New parameters introduced:

  • Use FX Headline for Technical Worksheet Details Linked to Headline

  • Original responsible partner mandatory

Existing functionality affected

  • Create Technical Worksheet

  • Occurrence Year Allocation order

  • Functional currency calculation 

 

 

Changed documentation

accounting/#812-miscellaneous

SE-1315 - Improve PBR ‘Change in Loss Incurred’ - SICS - Swiss Re Zurich

Aim of function

To ensure that the Post Booking Review reports consider all worksheets, the Loss Incurred extraction should consider the date when the worksheet was closed instead of the booking date. The system should consider loss figures with worksheet closed date greater than cut-off start date and smaller or equal to cut-off end date. A fifth date is added to allow dates to be set only once per year in system parameter cut-off dates for Change in Loss incurred.

System Parameters Affected

Accounting-> Plausibility Rules

Existing functionality affected

Plausibility Rules->Change in Loss Incurred

Claim Accounting

Life

SE-88 - New functionality required in order to cede original figures on Standalone Reinsurance Cessions - SICS - DXC

Aim of function

Support for retro processing of original periods and original figures for standalone retrocessions.

System Parameters Affected

  1. Sum At Risk/Stand Alone Individual Retrocessions only
  2. Method of Retrocession is Reinsured Proportionally in excess of Maximum Retention

Existing functionality affected

Retro Processing Order

SE-159 - Transactions on Linked Retrocessions to follow Inward Cession when updated through the Cession Loader - SICS - DXC

Aim of function

To be able to create subsequent retrocession transactions on the inward cessions when the retrocession basis is not defined as ‘Sum at Risk - Standalone Retrocessions only’

System Parameters Affected

None

Existing functionality affected

Retrocession transactions on the Inward cessions processed through the cession loader

SE-315 - Loading Life Claims via Batch Management - SICS - DXC

Aim of function

To be able to load and process claims and their transactions through the Life Cession Management batch loader

System Parameters Affected

None

Existing functionality affected

Claim batch loading

SE-600 - Ability to add Qualifiers on cession benefits through the Cession Loader - SICS - DXC

Aim of function

To be able to add qualifiers on the cession benefit through the cession loader similar to the manual online functionality and calculate the ACIs based on the qualifiers

System Parameters Affected

None

Existing functionality affected

Cession Batch Processing

SE-700 - Implement support for UDF at Cession Benefit Level - SICS - Qianhai Re

Aim of function

  1. To introduce the following new fields on the cession benefit
    • Cedent’s Total SAR
    • Our Share of Original
    • Reserve
    • Total ceding SAR
  2. To be able to create User Defined Fields on the cession benefit level

System Parameters Affected

None

Existing functionality affected

Cessions - both manual and through cession loader

Changed documentation

create_user_defined_fields

SE-796 - Support “They Bill” cession order also when Summary Account is enabled - SICS - Qianhai Re

Aim of function

To be able to set the accounting period from date, accounting period to date, or account period on the header of summary account and process the They Bill order, even when summary accounts are enabled.

System Parameters Affected

Applicable only when Enable Summary Accounts on Technical Worksheet is selected   

Existing functionality affected

Running the They Bill Order

SE-797 - Allow or Disallow Partial processing of a cession or claim batch - SICS - Qianhai Re

Aim of function

Partially process or fully process a cession batch load based on configuration at time of run. A new parameter can be set at the System Parameter, Business, and Cession Batch level, indicating if the batch should only fully process if all records are valid, or whether to fully process any valid records leaving invalid records for subsequent resolution.

The setting is set at the system parameter level, then used as a default for any new businesses. The business value is then use for any cession batches on that business. It can be overridden at either the business or cession batch level.

System Parameters Affected

New System Parameter : Cession–> Allow Partial Processing of a Cession batch

Existing functionality affected

Cession batch processing

 

SE-800 - Support loading of cessions with different issue dates per benefit - SICS - Qianhai Re

Aim Of Function

To be able to create one or more cession benefits having different benefit reinsurance start dates on the same cession

System Parameters Affected

New system parameter: Cession–> Enable Benefit Reinsurance Start Date

Existing Functionality Affected

Individual cession benefits created manually or through the cession loader

 

SE-814 - Block cession upload for cases which do not meet Automatic Acceptance Conditions - SICS - Qianhai Re

Aim of function

Validate the autocover limits with an error message for all types of business when cessions are processed through the cession batch loader. Introduce additional limits on the Proportional Limits condition to be able to define a maximum occupation class and a maximum EM percentage

System Parameters Affected

New System Parameter introduced under Cessions–> ‘Validate Autocover limits for all types during cession batch processing’

Existing functionality affected

Business - Proportional Limits Cessions- Online and through the loader

SE-815 - Add validation on Adjusted Issue age and Change tolerance accuracy to Months and Days - SICS - Qianhai Re

Aim of function

Replace the existing percent or amount tolerance settings for age related checks to be based on a number of years or months at both the system parameter and NC condition level.

Validate the adjusted age based on these new tolerance criteria.

System Parameters Affected

Cession–> Cession Tolerances

Existing functionality affected

NC condition on the business

Age validations on the cession benefit

 

 

SE-1153 - Import Technical Worksheets containing several business Identifiers in SICS Life - SICS - Allianz AG

Aim of function

To be able to use the Import Technical Worksheet from Spreadsheet functionality to import technical worksheets that contain more than one business. The View and Validate Notional Bookings and the Sub SOA related functionality or the They Bill Orders will not be available when an imported technical worksheet contains more than one business identifier

System Parameters Affected

None

Existing functionality affected

Find Worksheet-> Import Technical Worksheet from Spreadsheet

SE-1207 - Testing of RPO and retro functionality in the Linked Retro approach - SICS - DXC

Aim of function

To ensure that the retroprocessing order creates the linked retrocessions on sequential basis when the Retrocession Basis is not defined as ‘Sum at Risk/ Standalone Retrocessions Only’

System Parameters Affected

None

Existing functionality affected

Retrocession processing through the RPO when the Retrocession Basis is not defined as ‘Sum at Risk/ Standalone Retrocessions Only’

SE-1375 - Sum at Risk Accumulation using Insurance Products - SICS - Qianhai Re

Aim of function

To introduce a new accumulation category Sum at Risk Accumulation within which insurance products can be grouped. The indicator whether the insurance product is included in the SAR accumulation category or not will be available on the insurance products when they are part of the branded product classifications. This accumulation category will be used to for processing retrocessions and will also be part of the accumulation control filter on the insurable object

System Parameters Affected

New System Parameter : Business Partner-> Branded Product Classification-> Insurance Product is Included in SAR Accumulation Category

Existing functionality affected

Branded Product Classification Retrocession Processing Accumulation Control filters

SE-1376 - Support new Sum at Risk Accumulation category in retrocession processing order - SICS - Qianhai Re

Aim of function

To introduce a new accumulation basis for processing retrocessions based on Per Life, per Sum at Risk Accumulation Category

System Parameters Affected

New System Parameter : Base Company Specific Settings- Retrocession Basis- ‘Method of Retrocession is Reinsured Proportionally in excess of maximum retention Per Life/ Per Accumulation Category’

Existing functionality affected

Retrocession Processing

MG & Reserve Orders

SE-1425 - Default Pricing ULR 2 - SICS - Renaissance Re

Aim of function

  • Add a new field named ‘Default Pricing ULR2’ in UW Estimates, Loss Development Pattern tab on Portfolio Program. Similar to existing field ‘Default Pricing ULR’. The additional field can be used when you need different ULRs for different reporting requirements.
  • Add a new calculation variable in Underwriters Estimates calculation rules, to retrieve the value from the new field.

System parameters affected

New calculation variable in Underwriters Estimates system parameters.

Existing functionality affected

N/A

Other

SE-585 - Database Object documentation improvements - SICS - DXC

Aim of function

Improve the level of detail in the DBMS object descriptions stored in the SICS database. This will improve the general documentation of the system in 3 key areas:

  1. Data Dictionary extracts: The extracted data dictionaries shipped with the system will have greatly improved descriptions of the columns & tables.
  2. MTK documentation: Since the MTK documentation includes the data dictionary descriptions, these descriptions will now more accurately reflect the purpose of each column.
  3. SICS Schema Browser: The included schema browser includes the object comments in its displayed information.

The main improvements are:

  • Join tables indicate which tables are joined together
  • Unnecessary data type information is removed, simplifying the comments
  • Foreign keys are more specific to which reference table they refer, including subclass numbers when known
  • The reference data foreign keys are more specific to which reference data table they refer

This work will be continued in future releases as DXC continues to refine the data model documentation.

System parameters affected

None.

Existing functionality affected

Manage Tables: Add comments

SE-1211 - New web service in SICS Life for loading User Defined Fields (UDFs) - SICS-1788 - SICS - Allianz AG

Aim of function

  • New web service in SICS Life for loading User Defined Fields

System Parameter affected

  • User Defined Field items are defined in System parameters >>User Defined Field Administration.
  • The Layout are defined for business under User Defined Field administration

Existing functionality

Like the online functionality for User defined fields in SICS life, we are introducing UDF’s through web services. It will be on assumed business and outward cedent contract both.

SE-1212 - New web service in SICS Life for loading Projections on business Underwriters Estimates condition - SICS-1789 - SICS - Allianz AG

Aim of function

New web service in SICS Life for loading Projections on business Underwriters Estimates condition.

System Parameter affected

None

Existing functionality affected

Projection on underwriters estimate tab works in online functionality and same will now be achieved via web services in Life

SE-1222 - GDPR Anonymisation - SICS - DXC

Aim of function

Transform the personal data of the source database to no longer allow the identification of the person concerned, this transformation must be irreversible. This needs to be done by introducing Retention Date for specific Insurable Object or Third Party. The Retention date can be entered/edited manually or via Web service.

System Parameter affected

  None

Existing functionality affected

  • Maintain Insurable Object - Type Person
  • Maintain Third Party

Changed documentation

mass_update_personal_data/#717-anonymize-mass-update-periodic-function

SE-1225 - GDPR Insurable object - Security Log and Read Log - SICS - DXC

Aim of function

Implementation of new Read Activity into the Event Log for Insurable Objects.

The Read activity should be logged irrespectively from where in SICS the user has access the Insurable Object. The Read activity should allow to identify which user has accessed Insurable Object on which Date / Time.

System Parameters Affected

Read Activity should be activated from ”Event Log Administration”.

Existing functionality affected

Event Log Administration

Changed documentation

event_log/#read-query-logging

SE-1270 - Update of SICS User when authorization is managed by SICS-UAI - SICS - Allianz AG

Aim of Function

The User Authorization Interface (UAI) enables control of SICS user authorization (security roles) from ‘outside’ SICS.

If a user starts logging in to SICS, but there exists no SICS User object in the database, the UAI may respond with a request (‘CREATE_USER’) indicating that a SICS User object should be created. Along with the request, the UAI implementation may provide the name of a ‘template’ SICS User object. If provided, this object will used as a template for creating the new SICS User object.

This enhancement introduces changes to how the UAI response is handled when a SICS User object already exists and the user is allowed access. In this case, the UAI will respond with ‘OK’. As a new feature, it will be possible to provide a ‘template’ user. If provided, access code privileges on the existing SICS User object will be updated from the template if values are no longer equal.

In addition, a new response ‘DISABLE’ allows setting the SICS User object as inactive (disabled).

System Parameters Affected

None

Existing Functionality Affected

User Authorization Interface

Changed documentation

user_uathorization_interface/#12104-uai-details

SE-1332 - eMessaging: Previous message mapping rules should consider message functions - SICS - Swiss Re Zurich

Aim of function

Two factors to be considered regarding Previous message mapping set tables. One is to check an optional single message function to which the mapping set applies (the ‘applies to’ message function, relating to the message function of the current message). The second is to enable a list of messages functions to be selected that will be excluded from the search of messages in the previous message mapping rule. The selection may be left empty.

System Parameters Affected

System Parameter → eMessaging → Mapping → Previous Message Mapping → Previous Message Mapping Set.

Existing functionality affected

The  Previous message mapping rule already includes a test that prevents claim signing account and reinstatement messages from linking to non-claim TA messages, this new functionality aims to provide a provision for preventing later non-claim TA messages linking to earlier claim related TAs. 

The existing rule that states:

If the current message has a system defined message function of Claim Signing or Reinstatement, then only messages with that same message function should be matched. 

The new would add: If the current message has a system defined message function that is not Claim Signing nor Reinstatement, then only messages that are not Claim Signing nor Reinstatement should be matched. 

SE-1348 - eMessaging - Inconsistency when manually changing Previous Message - SICS - Swiss Re Zurich

Aim of function

Clarify how SICS Insured Period reference was automatically arrived at for an eMessage with a Previous Message Reference that only links to the Business.

System Parameters Affected

New reference data item to SicsRefEMessagingReferencingMethodClass for previousMessageHybrid

Existing functionality affected

In InsuredPeriodReferenceRule where only partial references are set from the previous message then change the referencing method from previous message to the new item.

SE-1359 - eMessaging - Use case on Rules tab modifications - SICS - Swiss Re Zurich

Aim of function

Add specific business process and security use case to create/remove a rule override from the Rules tab in order to distinguish same on Problem Tab

System Parameters Affected

None

Existing functionality affected

Security Use Case for eMessaging Message Rule Override

SE-1418 - ADH - Ability to page to next message when opening ADH output - SICS - Swiss Re Zurich

Aim of function

To enable easy navigation from one eMessage to another (in the eMessage view window) when ADH has generated several eMessages and any one eMessage is opened from the ADH document.

System Parameters Affected

None.

Existing functionality affected

Automated Document Handling.

SE-1423 - eMessaging - Booking Year period for instalment - SICS - Sirius International Insurance Corporation

Aim of function

Allow setting of Booking Year and Period via different methods for eMessages sent from Lirma and Lloyds Allow the setting of Booking Year and Period based on the due date of the booking Allow the eMessaging Booking Year and Period to be open beyond the default terms

System Parameters Affected

A rule on Partner Layer (BookingYearAndPeriodPerDueDate) can be set per message function to signal that when creating a new technical or claim worksheet, if this rule is active for the eMessage then for each balance use the Due Date per the booking terms from-periodicity to establish which period the Due Date lies within. Set the Booking Year to the year of the Due Date and the Booking Period to the period of the due Date.

If the calculated year/period is prior to the first open year/period (extended terms) then set as the open period from. This rule does not test anything. It simply modifies the behavior of the booking creation rules

Existing functionality affected

Set Booking Year and Period when Technical or Claim worksheet is created from eMessaging.

SE-1426 - ADH - Introduce “params” in ADH REST call - SICS - Swiss Re Zurich

Aim of function

A spreadsheet (.xls, .xlsx) file can be sent to ADH Server for processing through the REST endpoint which takes a MediaType.MULTIPART_FORM_DATA parameters, as well as additional parameters.

Currently, it is possible to send ‘docId’ and ‘fileName’ as additional parameters.

This enhancement adds a new parameter ‘params’. This is a string of key-value pairs delimited by semicolon. Each pair consists of a key and a value, separated by an equal sign. For example:

mapping=BROKER1;uwYear=1997;contractRef=900491

Each key then becomes a tag/field added at the top of the input data created from the spreadsheet. Each value becomes the value of that tag. This gives full flexibility to include any additional data desired, over and above the data in the spreadsheet, and without further development effort from DXC.

System Parameters Affected

None.

Existing functionality affected

Automated Document Handling.

Changed documentation

adh_server_rest_api/#import

SE-1591 - MTK Loader changes for CAT utility support - SICS - DXC

Aim of Function

Allow MTK loader to identify and reject duplicate business/claims using their Identifier.

Add toggle buttons:

  • Reject duplicate business
  • Reject duplicate claim in a business

in MTK loader screen to make this optional. This capability is incompatible with Loading to Loader Files. 

System Parameters Affected

None

Existing Functionality Affected

MTK Loader

SE-1693 - ADH - Change Accumulator block to output empty rather than 0 when there are no inputs - SICS - Swiss Re Zurich

Aim of function

Changing the ADH Accumulator block so it outputs empty rather than 0 when there are no inputs, and also after being reset.

System Parameters Affected

None.

Existing functionality affected

Automated Document Handling.

Changed documentation

sys_param_maint_tasks/#blocks

SE-1695 - ADH - Introduce a special ‘@BlockOutput’ Output Pattern field - SICS - Swiss Re Zurich

Aim of function

Introduce a special ‘@BlockOutput’ Output Pattern field. At the time the output message is about to be generated, SICS will check @BlockOutput and block the output message if the value is ‘true’. This is particularly useful for blocking generation of eMessages with no technical items.

System Parameters Affected

None.

Existing functionality affected

Automated Document Handling.

Changed documentation

sys_param_maint_tasks/#output-pattern-window—emessaging-version

SE-1704 - ADH - Hide other blocks when selecting ‘Show block in mapping’ - SICS - Swiss Re Zurich

Aim of function

Hide other blocks when selecting ‘Show block in mapping’ from a transformation problem. This will make it easy to see where the block is.

System Parameters Affected

None.

Existing functionality affected

Automated Document Handling.