What's new
Accounting General #
SE-28003 - Add Entry Code to the TW 'Use selected value to populate to' feature - Allianz AG #
Aim of function
To enhance the 'Use Selected Value to Populate' function on the Technical worksheet, which allows users to apply a selected value from one row to other rows in the same column. This functionality should be extended to the 'Entry Code' column as well.
Business value for customers
Makes it easier to copy the Entry Code from one row to another row.
System Parameters Affected
None
Existing functionality affected
Automatic population of Values on Technical Worksheet.
Changed documentation
SE-28070 - Adding AccYear/Period to BPL Balance Summary per CCY - Allianz AG #
Aim of Function:
Add Accounting Year/Period information in the 'Balance Summary per Currency' container within the Business Partner Ledger to enable the splitting of balances based on Accounting Year/Period.
Business value to customers:
Including Accounting Year/Period information in the 'Balance Summary per Currency' container allows users to better manage and control larger cedent accounts that settle across multiple accounting periods. This feature enhances visibility and precision in financial reporting, enabling users to quickly assess and manage credit controls.
System Parameters Affected:
None
Existing functionality affected:
Balance Summary per Currency under Business Partner ledger.
Changed documentation
SE-28072 - New column 'Estimated' in Business Ledger Details container - Allianz AG #
Aim of Function
The column Estimated in the Balances container should also be shown in the Details container on the Business Ledger.
Business value to customers
When multiple balances are highlighted and selected in the Balance container, and these are both estimates and actual balances, then there will also be a combination of estimates and actual details in the Details container. By showing the Estimated flag also on these details will give additional information to the user.
System Parameters Affected
None
Existing functionality affected
View Business Ledger Details Container
Changed documentation
SE-28659 - Add Legal Reporting Unit to Settlement Balance Group and Balance Group Information tab - Allianz AG #
Aim of Function
Add a Legal Reporting Unit column in the Balance Group Information tab and display the Legal Reporting Unit in the Create Settlement Balance Group and View Settlement Balance Group window, like how it is displayed for balances in the Business Partner Ledger.
Business value to customers
By adding the Legal Reporting Unit column in the Balance Group Information tab and ensuring the Legal Reporting Unit is displayed when a Settlement Balance Group is created or inspected, users can quickly pinpoint errors and confirm that the correct Legal Reporting Units are used. This will reduce the time and effort spent on troubleshooting validation errors and improve the overall accuracy of financial reporting.
System Parameters Affected
A system parameter named 'Balance Pairing 'Balance Grouping across Base Company/ Legal reporting Units not allowed', is found under accounting>>Balance Pairing.
Existing functionality affected
Create and Edit Settlement Balance Groups
Changed documentation
SE-30393 - Automatic Drawdown of Business Partner Collateral - DXC #
Aim of function:
To make it possible to auto update the Withdrawal of the Collateral categories Letter of Credit, Trust and Funds Held on the Business Partner properties, based on payment of losses by use of special Remittance type 'Collateral Withdrawal', and make it possible to report these changes.
Business value to customers:
If there are any recoveries be needed from the non-admitted reinsurer, draws against the LOC balance for actual paid loss or paid LAE balances, they can be made by the ceding company, reducing the business partner-level balance of the LOC.
System Parameters affected:
None
Existing functionality
View and Edit Business Partner Properties
Remittances
Changed documentation
SE-22947 - New Headline Loss Enhancement - new flag in eMessaging page on the IP tab - Renaissance Re #
Aim of function
The aim of this enhancement is to have an option to indicate on the business/insured period that all TechAccount messages processed on this insured period shall be interrupted by a warning if it contains loss related details, if this option is selected.
Business value for customers
As it is now any eMessage which contains a loss movement and/or outstanding reserve related to a Proportional contract is stopped (message indicator is off for all proportional contracts). The value of this enhancement is to minimize the amount of insured periods we have the message indicator off, because there is no need to process a headline loss on every proportional insured period.
With this new option activated on the Insured Period tab on the Business the TechAccount messages processed on this IP shall never trigger the rule CheckTAHeadlineLossProcessing
BUT
if the new option is activated the TechAccount messages processed on this IP shall trigger the above rule if the message contains Non-Zero Original Loss Reserves or Paid Loss entries. When the rule is triggered the system will check if the aggregated Original Loss Reserves or Paid Loss on the business ledger in the same currency is Zero or not, and if not it will raise an Error. The error can be overruled.
This will ensure that the users becomes aware of this and take the necessary actions related to Headline Loss split and allocation when this is necessary.
System Parameters Affected
N/A
Existing functionality affected
The eMessaging Information page on the Insured Period tab on the business will have a new flag named e.g. Headline Loss Processing
When the flag is selected it will affect the processing of TechAccounts eMessages
Changed documentation
SE-8900 - Capture Final year end calculation frequency information by web service - Swiss Re Zurich #
Aim of function:
Must be possible to give the Final Year End Calculation Frequency information on the Stepped Sliding Scale Commission conditions for a business in Web Services createDeductionCondition and updateDeductionConditions.
Business value for customers:
When creating and updating Deduction Conditions via Web Services in SICS this enhancement will avoid the user to manually update the Final Year End Calculation Frequency information on the SSSC conditions afterwards.
System Parameters Affected:
N/A
Existing functionality affected:
Webservices :
createDeductionCondition,
updateDeductionCondition,
createProfitCommissionCondition,
updateProfitCommissionCondition,
retrieveObject
Changed documentation
SE-30924 - Calculation of Computed amount for Deposit Retained Validation for Percent of Reserves - Swiss Re Zurich #
Aim of function:
To enhance the calculation of Computed amount for Deposit Retained Validation such that no retained funds are overlooked, even if there were residual amounts from previous periods.
Business value to customers:
This enhancement enables clients to efficiently monitor their Premium/Loss Deposits Retained by accurately accumulating and tracking these amounts, clients can ensure that no retained funds are overlooked, even if there were residual amounts from previous periods.
System Parameters Affected:
N/A
Existing functionality affected:
The Computed Value for the Deposits Retained associated with the Accuracy Validation.
Changed documentation
Business #
SE-30298 - Upload Insurable Objects - Samsung Reinsurance PTE Ltd #
Aim of function
To ease the registration of insurable objects, it is now possible to upload them from an external file. The excel sheet must contain the Insurable Object Type (e.g. Building, Vessel) and Object Name. In addition, it can contain all items that the current online Create Multiple Objects can contain, (e.g. Object Country, Address, Latitude Degrees, Market Value). The objects are loaded to the current Create Multiple Objects feature and once uploaded here, the user can make further additions and modifications before saving.
Business value for customers
The numbers of insurable objects a user must record is often high. The upload feature increases the efficiency in recording these and therefore reduces cost. Also, reducing entries of insurable object data by end users may increase the data quality.
System Parameters Affected
None
Existing functionality affected
Handle Insurable Objects
Cover Insurable Object
Handle Insured Object Cessions
Changed documentation
Cede and NP Recovery #
SE-28980 - API for creating Preliminary Booking Order - AGCS #
Aim of function
Make it possible to create a new Preliminary Booking / Preliminary Booking Correction Order in the web service API facility.
1) Connect to SICS server and open XML Tree View
2) Generate 'New Skeleton' and Select Entry Point as 'SicsWsBatchProcessEntryPoint' and Select Operation as 'createAccountingOrder'
3) Select '<createAccountingOrderInput>' under the XML Tree view
4) Select Preliminary Booking from drop down under 'XSD Type'
New Soap is generated where required information for creation of order is given
Business value for customers
Possibility to create Preliminary Booking Order and Preliminary Booking Correction Order without opening workstation. This makes is possible to streamline the automation of integration processes.
System Parameters Affected
N/A
Existing functionality affected
Preliminary Booking Order
Preliminary Booking Correction Order
Changed documentation
SE-30165 - Policy classification validation reduction implementation - AGCS #
Aim of function:
Validation for Policy Light and Policy Life Light objects for only mandatory classification items in online and cede interface.
For specific Base Companies, the system may be set up to require mandatory classification(s), both on Business & Accounting Classification and missing them raises a validation error when creating the Light Policy online via Desktop.
The validation is not raised when creating the Policy via Cede Interface even when mandatory on both Business & Accounting Classification and missing the respective values, except Main Class & Class of Business.
When working on web services, the system raises the error message if classification is set as mandatory on Business and missing its value.
Business value for customers
Allowing inclusion/exclusion of non-mandatory classification items in Policy Light without being stopped by validations
System Parameters Affected:
N/A
Existing functionality affected:
Create Policy Light/Policy Life Light online
Create Policy Light / Claim Light booking records via Cede Interface
Create or Update Policy Light/Policy Life Light via Web Service API
Changed documentation
SE-29533 - API for creating Cede Interface Order - Triglav #
Aim of function
Make it possible to create a new Cede Interface Order in the web service facility.
1) Connect to SICS server and open XML Tree View
2) Generate 'New Skeleton' and Select Entry Point as 'SicsWsBatchProcessEntryPoint' and Select Operation as 'createOrder'
3) Select '<createOrderInput>' under the XML Tree view
4) Select CedeInterfaceOrder from drop down under 'XSD Type'
New Soap is generated where required information for creation of order is given
Business value for customers
Possibility to create Cede Interface Order without opening workstation. This makes it possible to streamline the automation of integration processes.
System Parameters Affected
N/A
Existing functionality affected
Cede Interface Order
Changed documentation
Claims #
SE-30506 - Enhance Indexation of Assumed Claims - support for calculation method Franchise/Margin - Achmea Reinsurance Co #
Aim of function
Add support for indexation calculation method margin/franchise of payments and reserves.
Indexation will only take place when the retrieved index is exceeding the Contractual Base index + Margin% of Contractual Base Index.
The system will calculate separate index ratios for payments and for incurred, and the distribution will be determined using these indexed limits.
Business value for customers
This enhancement will further complete the automatic index functionality for Assumed Claims, and enable customers to use the automated calculation instead of external applications.
System Parameters Affected
None
Existing functionality affected
Claim FGU Handling
Changed documentation
SE-30789 - Claim Manager defaulting from the business defined Claim Handler - Renaissance Re #
Aim of function
Default the Claim manager to the user defined as Claims Handler on the Insured Period, instead of the user who creates the claim
Business value for customers
Although the Claims Handler responsibility can be defined on the Business Insured Period, the Claims manager on the Claim is not defaulted. This enhancement shall ensure that the Claim Manager is in alignment with the Business insured period information as much as possible, and reduce the need for manual updates.
System Parameters Affected
New parameter introduced 'Default Claim Manager from Insured Period Claim Handler
Existing functionality affected
Create Claims
Process New claim Claim Movement messages
Changed documentation
/sicsdocs/sys_admin_guide/system_parameters/claims/#miscellaneous
SE-30112 - New Claims Basis: Occurance Basis, Losses Discovered - Samsung Reinsurance PTE Ltd #
Aim of function
Support for Losses Discovered Claim basis, ensuring that the Loss Discovery date is within insured period and the date of loss is equal to or after the retroactive date.
Business value for customers
This enhancement will ensure that claims are validated correctly for Losses Discovered basis. Date of Loss reflecting the Incident Occurrence Date can be recorded after the Retroactive Date (made mandatory for Losses Discovered claim basis) and before the Claim Trigger date (date of Discovery of Loss).
System Parameters Affected
None
Existing functionality affected
Maintain Claim condition
Create Claims
Process New claim Claim Movement messages
Changed documentation
eMessaging #
SE-24837 - The option to search the Claim Bureau Signing reference from the Find eMessaging screen - Renaissance Re #
Aim of function
To introduce a new field for claim Bureau Signing Reference in eMessaging find window.
Business value for customers
Can search for matching claim messages on Bureau Signing reference.
System Parameters Affected
N/A
Existing functionality affected
eMessaging find window - Claim Tab
Changed documentation
SE-25003 - Discarded messages to keep the link to business insured period if mapped already - Renaissance Re #
Aim of function
To keep the link to the Insured period on discarded messages.
Business value for customers
- Business details are retained on discarded messages.
- Can know what business has caused the errors in the problems tab.
System Parameters Affected
N/A
Existing functionality affected
Insured period references
Changed documentation
SE-27958 - Insured period - Related messages display - New option to scroll through eMessages - Renaissance Re #
Aim of function
To enable a scroll-through option for related emessages on the insured period.
Business value for customers
Can navigate to other related messages of the insured period.
System Parameters Affected
N/A
Existing functionality affected
Insured period - Related messages - View eMessage
Changed documentation
SE-28845 - Partial Instalments Processing enhancement - Renaissance Re #
Aim of function
To introduce a new eMessaging rule ComparePartialPremiumToNetInstalmentPremium to check for partial amounts of an instalment and to book message amount.
Business value for customers
- Can be able to check for partial instalment amounts.
- Can be able to book the message amounts for instalments.
- Can be able to reverse the fully booked instalments.
System Parameters Affected
N/A
Existing functionality affected
Booking of partial amounts by eMessage.
Fully booked(manual) instalments on P/L Condition.
Changed documentation
SE-23867 - Claims eMessaging: Automated Linking of Claim Program - Swiss Re Zurich #
Aim of function
To introduce a new eMessaging rule 'AssignClaimToClaimsProgram' to link new claims to the appropriate claim program automatically and when using 'Swap to' then display only the matching claim programs.
Business value for customers
- Automatic linking of new claims to claim program when all necessary data is available.
- Streamlining the process to eliminate manual identification of the claim program.
System Parameters affected
N/A
Existing functionality affected
- eMessage Processing
- Swap To Claim
Changed documentation
SE-29214 - TA - eMessaging - Fac Instalment View - Swiss Re Zurich #
Aim of function
Change request to enhance the view of instalments drop down menu within eMessage.
Business value for customers
Enrich the view to offer more information from SICS P/L Tab and thus make the choice of correct instalment easier for the user on eMessage.
System Parameters Affected
N/A
Existing functionality affected
eMessage Highlights edit window
Changed documentation
Life #
SE-28814 - Life - Webservices to Update Non Prop Treaty Conditions - Allianz AG #
Aim of Function
The aim of this enhancement is to be able to update the following business conditions on a non proportional business.
Limits Condition
Premium Condition
Deductions Condition
Underwriters Estimates Condition
Business value for customers
Life Customers will be able to update the conditions on the Non Proportional Treaty through webservices as an update in the current insured period or after renewals of the treaties.
System Parameters Affected
None
Existing functionality affected
Update Claim Condition
Update Deduction Condition
Update Limit Condition
Changed documentation
SE-28912 - Life - Webservices to Create Non Prop Treaty Conditions - Allianz AG #
Aim of Function
The aim of this enhancement is to be able to create the following business conditions on a non proportional business.
Limits Condition
Premium Condition
Deductions Condition
Claim Condition
Business value for customers
Life Customers will be able to create the conditions on the Non Proportional Treaty through webservices.
System Parameters Affected
None
Existing functionality affected
Create Limits Condition
Create Premium Condition
Create Deduction Condition
Create Claim Condition
Changed documentation
SE-28549 - Update other Cession Fields through the Calculation Rule and use these values to process Retrocessions - FWD #
Aim of function
Extend the SAR calculation rule to perform more complex calculations to calculate the SAR for Retrocession.
Business value for customers
Customers will be able to create more flexible SAR calculation rules where values within the cession benefit can be recalculated and then used to calculate the SAR for Retrocession.
It will also be possible to refer to the Limits defined on the OCC and apply these limits to calculate the ceded percentage and then use the ceded percentage to process the retrocessions.
System Parameters Affected
New calculation rule in the System Parameters- > Business- > SAR Calculation rule
Existing functionality affected
A new type of calculation rule is now possible within the SAR Calculation Rule where various fields within the cession benefit can be calculated and updated while running the RPO and then these calculated values can be used to calculate the SAR for Retrocession value that will be considered for Retroprocessing.
Example:
The below calculation rule with the rule name defined with the update-<fieldname> , here update-deductible will calculate and populate the value on the cession's Deductible field:
This calculated value which will be available in the Deductible field will now be applied to the main SAR calculation Rule (along with other calculation rules and values) to calculate the value that will be applied for retroprocessing and be updated on the SAR for Retrocession field of the cession benefit transactions:
Changed documentation
/sicsdocs/sys_admin_guide/system_parameters/business/#classifications
SE-31563 - Apply Recapture Limit during RPO Processing - FWD #
Aim of function
Use the Cut off Lower Limit conditions while processing retrocessions
Business value for customers
When the cession SAR falls below the recapture limit defined on the L condition the cession will be recaptured
System Parameters Affected
None
Existing functionality affected
On a Surplus OCC the values defined in the Limit Condition- > Cut Off Lower Limit field will be applied when the RPO is run and the cession benefit transaction will be recaptured when the SAR or the SAR for Retrocession on a subsequent transaction falls below the cut-off limits defined.
The retrocession cession will continue to be picked up and processed by the RPO with the SAR = 0
Changed documentation
Other #
SE-30755 - Add Examples to SOAP API Documentation - DXC #
Aim of function
We have copied the SOAP examples from the old Word documentation into SICS Docs as get closer to our goal of eliminating the Word documentation.
Business value for customers
Provide easily accessible, up to date generated documentation for SOAP webservices for SICS API Server.
System Parameters Affected
None
Existing functionality affected
None
Changed documentation
SE-31393 - Expand options in database maintenance command line - DXC #
Aim of function
Ensure all options for updating a database are included in the database maintenance launcher so we can headlessly update a DB via code.
Added in this release:
- -buildTables
- -buildViews
- -addDefinedIndexes
- -addForeignKeyIndexes
- -addConstraints
- -addComments
- -dropTables
- -dropViews
- -dropIndexes
- -dropConstraints
This is essential for a SaaS environment.
Business value for customers
Fully automated database maintenance operations
System Parameters Affected
N/A
Existing functionality affected
N/A
Changed documentation
/sicsdocs/technical/misc/database_maintenance_launcher/#command-line-arguments
This report was generated Thu Dec 12 11:38:54 UTC 2024.