| [SICSR-2121] PB does not generate anything for amended light life policies with “SAR” less than the “underlying top limit” of the Surplus | |
|---|---|
| Product Line: | Cede |
| Component/s: | Accounting Orders |
| Affects Version/s: | SICS 4.4.1 |
| Fix Version/s: | SICS 4.9.4 |
| Customer: | Assicurazioni Generali S.p.A. |
Problem:
No protection created for policy with limit under the UTL if this policy is the first in sequence.
Solution:
Policy will be marked as used for the retention with allocation of 0% to the layer. For the subsequent layers this policy's used capacity will be deducted.
Workaround:
Retention layer should be created on the Protection Program.
This will make sure that a PP condition is created.
Root Cause:
Extent of Impact:
Impact on Existing Data
Recovery Method for Existing Data Affected