/tags/v20.2/ Recent content in v20.2 on Hugo -- gohugo.io /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_inc_additional_case_reserve/ Mon, 01 Jan 0001 00:00:00 +0000 /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_inc_additional_case_reserve/ There is a possibility in the system to capture and calculate Additonal Case Reserves (ACR) for assumed claims, giving the estimated development of headline losses. To monitor the corresponding net loss, we provide the possibility to include ACR in recovery calculation. The calculation is on top of actual incurred loss, and is booked to the Outward Claim and distributed to the retrocessionaires according to their share. The inward ACR / ACR expense must be booked to an inward claim linked to a Headline loss, Risk loss or single Claim (incl. /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_us_qs/ Mon, 01 Jan 0001 00:00:00 +0000 /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_us_qs/ A US Quota Share treaty is a proportional protection where claim recoveries are calculated based on individual claims or headline losses; i.e. with a claims handling similar to non proportional treaties (ex A). The protection allocation towards a US Quota Share will NOT vary depending on assumed liability and available protection - it is always set to ceded (QS) %. Claims created on the inward business insured period will inherit the policy US Quota Share Protection. /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_for_agg_xl_stop_loss/ Mon, 01 Jan 0001 00:00:00 +0000 /sicsdocs/user_guide/pc/appendix_non_prop/recovery_calc_for_agg_xl_stop_loss/ Protection of the cedent’s net loss for a portfolio during a specific period (typically a year). From ground up figures are calculated by accumulating inward and outward claim bookings for the protected portfolio. SUPI/GNPI is applied to find the correct Cover and Excess before calculating recoveries. Adjusted SUPI is used in the calculation, but if not registered; Revised SUPI is used. If none of them are registered; SUPI is used.