| [SE-1444] Cede PB order improvements | |
|---|---|
| Product Line: | Cede |
| Component/s: | Claim, NP Recovery, Cede |
| Fix Version/s: | SICS 4.9.4 |
Aim of function
Clarification of Ceded flag:
All inward details which has CEDED flag (IS_TO_BE_CEDED) = Yes, and the Retroceded flag (Has_SUM) = No is retroceded when running Preliminary booking order.
If the CEDED flag = Yes, and the Retroceded flag (HAS_SUM) = Yes; the detail is already retroceded and is not considered for retrocession in PB order. It will however in this case be considered by Preliminary Booking Correction order.
If the CEDED flag = No, the movement is neither considered by PB, PBC orders nor when triggering retroative changes. This is independent from any existing retropairing for the detail.
Correction of Leap Year logic for Life Premium Calculation (Life Premium table in non-Life Ceded module)
When dividing the attachment period duration in Life premium calculation, the system must use the actual number of days in the first year after attachment period start date. This will be 365 or 366 days depending on whether or not leap year is included within the first year of attachment period.
System Parameters Affected
None
Existing functionality affected
Preliminary Booking order, Preliminary Booking Correction order