Release documentation - Cede - Enhancements and requests

Release documentation - Cede - Enhancements and requests

Summary #

Key Customer External issue id Component(s)
SICSR-24505 Tryg Accounting Outward Premium Accounting
SICSR-24943 Vantage Risk n/a Accounting general
SICSR-22787 Hamilton Re. Reporting - Cede
SICSR-25084 CA Seguros Cede Light Claims
SE-12828 DXC Claim, NP Recovery, Cede

Cases #

SICSR-24505 - Incorrect Instalments on ORP #

Product line Cede
Component(s) Accounting Outward Premium Accounting
Affects version(s) SICS 20.3 SSP6
Fix version(s) SICS 22.4
Customer Tryg

Problem:
Incorrect Instalments on ORP Intermediary Placements

Solution:
Level of Business: Outward Cedent's Contract:
Types of Business: ALL, except proportional treaty

Placement List:
When updating the shares directly on the Placement List on an Intermediary Placement and in this process changing the ‘Share from 100%’, once having selected OK on the Placement List, the system shall initiate the same premium instalment calculation question as it currently correctly does if the change was made from the Share Conditions of the Intermediary Placement. The question should be raised only after the user has selected OK AND only after all other warnings, error message and questions have been given and the system is ready to save. (Examples of message that should be given first is: 'BS004 Signed Share is higher than Written Share. Do you want to continue?', 'BS0002: Signed form Broker cannot exceed 100%').
The instalement recalculation question should be raised only once as a common question applying to all retrocessionaire and intermediary placement instalments that would be recalculated.

Workaround:

Root Cause:

Extent of Impact:

Impact on Existing Data

Recovery Method for Existing Data Affected

SICSR-24943 - Ceded Premium Order not working for Light Policies #

Product line Cede
Component(s) Accounting general
Affects version(s) SICS 22.2
Fix version(s) SICS 22.4 SICS 22.2 SSP4
Customer Vantage Risk

Problem:
SICS CEDE is not calculating ceded premium via CEDED Premium order for Policy Light business

Solution:
Make sure calculation works for Policy Light business the same way as Policy Ceded.

Workaround:

Root Cause:

Extent of Impact:

Impact on Existing Data

Recovery Method for Existing Data Affected

SICSR-22787 - Hamilton - Cede Light Universe #

Product line Cede
Component(s) Reporting - Cede
Affects version(s) SICS 21.3
Fix version(s) SICS 22.4
Customer Hamilton Re.

Problem: The information from Cede and PC Main universe are not combined

Solution: Adding new joins and objects .The customizations will allow us to follow a booking on the Policy to the final ORP booking and help in combining information from Cede and PC Main universe

 

Workaround:

Root Cause:

Extent of Impact:

Impact on Existing Data

Recovery Method for Existing Data Affected

SICSR-25084 - Proportional RUG SE-793 - Claim Light details not retroceded in Preliminary Booking order #

Product line Cede
Component(s) Cede Light Claims
Affects version(s) SICS 22.1 SSP2
Fix version(s) SICS 22.4
Customer CA Seguros

Problem:
Light Claim bookings not picked up in Preliminary Booking order when Protection Assignment is done at RUG level

Solution:
When Protection Assignment is saved at RUG level, Claim Light bookings must be retroceded according to RUG Protection Assignment considering Claim Basis

Workaround:
None

Root Cause:
SE-793

Extent of Impact:

Impact on Existing Data

Recovery Method for Existing Data Affected

SE-12828 - Solution for easy loading/creation of Cede test data #

Product line Cede
Component(s) Claim, NP Recovery, Cede
Affects version(s)
Fix version(s) SICS 22.4
Customer DXC

Aim of function
New option to create Cede Interface records via Cede Excel Loader made available for both

  • Cede Excel Loader P&C (regular Cede Premium and Claim items)
  • Cede Excel Loader Life (Life Cede Premium and Claim items)

The functionality supports upload of .xls, .xlsx, and .csv files

System Parameters Affected
None

Existing functionality affected
Create Cede Interface record

This report was generated 2022-12-14 14:22:03.