What's new
Accounting General #
SE-34360 - CheckDeductionForAutoBooking Rule - Use provisional commission for premium calculation - Renaissance Re #
Aim of function:
To enable the system to consider the 'Provisional Commission' while using 'Automatic Gross-up of Premium and Booking of Deductions' function, in case of deduction method 'Sliding Scale Commission' or 'Stepped Sliding Scale Commission'
Business value for customers:
This will enable the users to calculate deduction from net premiums and to gross-up through the 'Automatic Gross-up of Premium and Booking of Deductions' function even for 'Sliding Scale Commission' or 'Stepped Sliding Scale Commission' using the provisional commission percentage as defined.
System Parameters Affected:
None
Existing functionality affected:
Calculation of Deduction condition, type as Commission
Changed documentation
SE-30463 - Treaty UW – Auto-populate the 'RESERVE' menu - Samsung Reinsurance PTE Ltd #
Aim of function:
According to the System Parameter settings, when we have the new parameter 'Auto-populate the Details on Reserve Condition' under Business, Conditions, Miscellaneous is SELECTED, then on the reserve condition system should Auto-populate the 'Reserve' menu.
Business value for customers:
Auto-populating the details will help the users to avoid manually entering the same information on the reserve condition for the all the agreements.
System Parameters Affected:
N/A
Existing functionality affected:
Reserve Condition
Changed documentation
Accounting Orders #
SE-36502 - Modify Reserve and Deposit Detail Mass Update to create 'As booking' figures - Allianz AG #
Aim of Function:
Enhance 'Reserve and Deposit Details Mass Update' for Retrocessionaire Participation always create 'AsBooking' figures.
Business value for customers:
Many clients use worksheets in Booking Currency as the basis of General Ledger Transfer (GLT). Therefore, it is also very important to generate 'As Booking' figures when transfer open historical reserves and deposits details from the old Business Partner to the new Business Partner after a company merger for Level of Businesses Retrocessionaire Participation.
System Parameters Affected:
New system parameter: Accounting/Retrocession/General/Create figures in Booking Currency when executing Reserve and Deposit Detail Mass Update.
Existing functionality affected:
Reserve and Deposit Details Mass Update
Changed documentation
/sicsdocs/user_guide/pc/accounting/mass_update_balances_pairings_ws/
SE-33210 - A new parameter which will ensure that the remittance gets partially settled and not the underlying balances - Renaissance Re #
Aim of function:
To display a Question message - 'The sum of the included balances exceeds the Unsettled Amount of the Driving Balance. If you continue the pairing, the Driving Balance will be Partially Settled' with an option to answer Yes or No' - whenever the balances (driving remittance balances is lesser than the included technical /claim balance) involved in the balance pairing process have an unsettled balance with a sign opposite to its original balance. This is to ensure that when the driving balance is 'over-settled,' the remittance is always partially settled during pairing.
Business value for customers:
When the bill amount exceeds the remittance and is set as partially settled, it can complicate financial accounting, disrupt business operations, and create additional work. As a result, some clients are reluctant to adopt this approach and prefer to always set the driving balance as partially settled in such cases.
This enhancement will meet their requirements and make partial pairing more flexible.
This will reduce the time and effort spent on troubleshooting validation errors and improve the overall accuracy of Balance paring.
System Parameters Affected:
A new System Parameter 'Partially settle the over-settled Remittance' under Accounting> Balance Pairing
Existing functionality affected:
Manual Balance Pairing
Changed documentation
SE-30400 - Default BYRP & Order status on the Retrocession Calculation order - Samsung Reinsurance PTE Ltd #
Aim of function:
When create the Retrocession Calculation order, according to the system parameter setting, system setting default values for Booking Year Period and Order status on the Retrocession Calculation order.
Business value for customers:
Create the Retrocession Calculation order from the Administration condition of the OCC, according to the system parameter setting, system setting default values for Booking Year Period and Order status in Retrocession Calculation order. This will help the users to avoid manually entering the Booking year period and Order status on the order.
System Parameters Affected:
Add the system parameter 'Default Booking Year Period for Retrocession Calculation Order' on the Accounting>>Retrocession>>General
Add new system parameter is named as 'Set default Order Status of Retrocession Calculation Order' on the Accounting>>Retrocession>>General.
Existing functionality affected:
Retrocession Calculation Order
Changed documentation
/sicsdocs/user_guide/pc/prop_retro_accounting/retro_calc_order/
SE-30403 - Default Order Status on the Retrocession Account order - Samsung Reinsurance PTE Ltd #
Aim of function:
When create the Retrocession Account order, according to the system parameter setting, system setting default values for Order status on the Retrocession Account order.
Business value for customers:
Create the Retrocession Account order from the Administration condition of the OCC, according to the system parameter setting, system setting default values for Order status in Retrocession Account order. This will help the users to avoid manually select the Order status on the order.
System Parameters Affected:
Accounting>>Retrocession>>General >> Default Order status for Retrocession Account Order
Existing functionality affected:
Retrocession Account Order/Order Status
Changed documentation
/sicsdocs/user_guide/pc/prop_retro_accounting/retro_account_order/
SE-30404 - Default BRYP on the Retrocession Estimation Calculation order - Samsung Reinsurance PTE Ltd #
Aim of function:
When create the Retrocession Estimation Calculation order, according to the system parameter setting, system setting default values for Booking Year Period on the Retrocession Estimation Calculation order.
Business value for customers:
Create the Retrocession Estimation Calculation order from the Administration condition of the OCC, according to the system parameter setting, system setting default values for Booking Year Period in Retrocession Estimation Calculation order. This will help the users to avoid manually entering the Booking year period on the order.
System Parameters Affected:
Add the system parameter 'Default Booking Year Period for Retrocession Estimation Calculation Order' on the Accounting>>Retrocession>>General
Existing functionality affected:
Retrocession Estimation Calculation Order
Changed documentation
BO #
SE-36644 - Define Methodology for Auto-Incremental PDM Data Load - DXC #
Aim of function:
- Enable automatic, incremental data updates to PDM tables by consuming change events from Kafka topics. The solution detects and applies only the changed data (based on views) using efficient batched MERGE operations, reducing full refresh overhead and improving processing time
Business value for customers
- Improved Performance: Eliminates the need for full table refreshes by applying only incremental changes.
- Real-time Synchronization: Ensures that PDM tables stay in sync with source systems as soon as view-level data changes are detected.
- Scalability: Handles large volumes of data efficiently with batch processing and minimizes impact on system resources.
- Maintainability: Reduces manual intervention through automated change detection and processing, improving operational efficiency.
System Parameters Affected
N/A
Existing functionality affected
N/A
Changed documentation
Business #
SE-36317 - Update share conditions on facultative placements upon update of shares on Outward Cedent's Contract - Assicurazioni Generali S.p.A. #
Aim of function:
An outward cedent's contract may have shares relating to the entire contract. These can, for facultative business, be expressed of the same share as the covered policy. The system also shows these shares on each participant. The contract may further express the share of the participants from these contract shares. If the user changes the shares of an outward cedent's contract, the system now also updates the equivalent shares on the participants and does the necessary recalculations.
Business value for customers:
Increases information accuracy.
Improves clarity.
System Parameters affected:
N/A
Existing functionality affected:
Maintain Share Conditions
Maintain Limit and Premium Conditions
Update Business
Create Share Conditions by Web Service
Update Share Conditions by Web Service
Changed documentation
SE-30276 - Set all Compliance Check List items to Yes in one go - Samsung Reinsurance PTE Ltd #
Aim of function:
It is important to make sure that an agreement has sufficient information before it is accepted by all parties. To ensure this, SICS offers check items in the Compliance Check List. Earlier, the user had to set each item in the Compliance Check List to 'Yes' or 'No' individually. To ease the completion of the Compliance Check List, the system now has an option to set to all items in the list to 'Yes' or 'No' in one go.
Business value for customers:
Easier completion of the Compliance Check List
Saves time
System Parameters affected:
None
Existing functionality affected:
Maintain Compliance Check List
Renew Business
Manage Security
Changed documentation
/sicsdocs/user_guide/pc/business_life_span/offer_quotation_process/#maintain-compliance-check-list
SE-30278 - Enter new share when copying business - Samsung Reinsurance PTE Ltd #
Aim of function:
In some cases, you may want to use an already recorded business as a template for creating a new. When copying a business, earlier, the system also copied the shares. As shares vary from one contract to another, it is now possible to copy a business without copying the shares. This is customizable so that, if set up to not copy, the new business will get no shares. If the new business however is definite, the system adds a page to the copy function where the user can enter the new share.
Business value for customers:
Ensures accuracy
Improves usability
System Parameters Affected:
None
Existing functionality affected:
Copy Business
Maintain Share Conditions
Maintain Limit and Premium Conditions
Manage Agreement Life Cycle Status
Maintain System Parameters
Copy Business by Web Service
Changed documentation
/sicsdocs/user_guide/pc/business_life_span/create_new_business/#copy-to-new-business
Cede and NP Recovery #
SE-37717 - Automatic Hours Clause - Headline Loss DOL filter - Allianz Australia #
Aim of function:
New Headline loss filter displaying a Date of Loss list for current Headline loss when opened.
- As for other filters, there is an option to exclude one or more Date/s of Loss, leaving the included claims in the claim list
- Calculation of accumulated Headline loss amounts is for included Claims only
- Implemented for assumed and light claims
Business value for customers:
More granular overview of Headline loss.
The implementation is done as preparation for Recovery Calculation with Automatic Hours Clause
System Parameters Affected:
N/A
Existing functionality affected:
Headline loss view
Changed documentation
Claims #
SE-33786 - Show insured period title and base company in claim section list - Renaissance Re #
Aim of function:
The Insured Period Title and Base Company Name should be displayed in Claim Section List chooser and also in the FGU Distribution.
Business value for customers:
It will be easier to identify the correct section of a claim if Base Company and Insured Period Title are displayed.
System Parameters Affected:
None
Existing functionality affected:
View Claims
Find Claims
Changed documentation
/sicsdocs/user_guide/pc/claims/fgu_distribution/
/sicsdocs/user_guide/pc/business_life_span/misc_business_and_acc_info/#register-identifications
Life #
SE-35529 - Streamline Standalone Claim and Individual Claim Functionality - Allianz AG #
Aim of Function
The Aim of the Function is to Streamline Standalone Claims to capture more details.
Business value for customers
The Standalone Claims will now have additional fields and functions. It will also be possible to identify worksheets that have been created from the Standalone Claim with a separate identifier series
System Parameters Affected
A new type of Worksheet- Standalone Claim is available for selection for Worksheet Identifier Series
Existing functionality affected
1. The Group Info and Other Info tabs from the Cession and Cession Benefit will now be available on Individual Claims and the tabs will be available for input on Standalone Claims
Group Information Tab
Other Information Tab
For Individual Claims, this is copied from the Cession Benefit and for Standalone Claims this is open for input, both manually and through the loader
2. When the Technical Worksheet is created from a Standalone Claim, the worksheet will be created using the identifier series defined for Standalone Claims
Changed documentation
SE-36484 - Life Claims-Security Access restriction based on Role - Allianz AG #
Aim of Function
This feature will allow the user to be able to view the accumulated Claim Liability and other details on a claim for each insurable object.
This feature will allow the user to apply the Domain Restriction that controls creation of ACIs in a Released status based on claims accumulation.
Business value for customers
Customers will now be able to define a domain restriction that prevents including the ACI in accounting based on the accumulated claim liability amount
It will also be possible to view the Claim Accumulation from the Individual Insurable Objects
System Parameters Affected
New Security Domain Restriction is available 'Life Claims Set Release Indicator'
Existing functionality affected
1. On the Individual Insurable Object, the Accumulated Claim Liablity for both Inward and Outward Claims is available, similar to Cession Accumulation
2. A new Domain Restriction is available, and when assigned to a user, the claim ACIs that are created when the Accumulated Claim Liablilty exceeds the Domain Restriction amount will be set to suspended
Changed documentation
SE-36485 - Domain Restrictions for Life Insurable Object Management - Data Privacy - Allianz AG #
Aim of Function
The aim of this enhancement is to define domain restrictions for insurable objects for data privacy
Business value for customers
It will now be possible to restrict certain users from accessing personal information related to the insurable object based on domain restrictions
System Parameters Affected
New Domain Restriction ' Life Insurable Object Identifier Type' is available
Existing functionality affected
When the Domain Restriction is set, then users will only be able to view the Insurable Object and personal details of the Insurable Object on Cessions and Claims if the Identifier type is allowed as per the Domain Restriction. For all other types, the data will be masked
Changed documentation
SE-37582 - When the Premium basis is As Original set auto-reversed ACI of all such subsequent periods as 'Suspended' - Wilton Re #
Aim of Function
When the Premium basis is As Original set auto-reversed ACI of all such subsequent periods as 'Suspended'
Business value for customers
Now, instead of recording each reversal transaction separately in accounting, only the total reversed amount that is calculated/ entered on the latest reversal transaction will have an accounting status of Released and be available for inclusion in the accounting process.
System Parameters Affected
None
Existing functionality affected
A new flag is available on the PM condition ' Set Reversed ACIs to Suspended'
This will be available for selection when the Rates/Amount Option on the PM condition is Original
When this flag is selected, any automatically reversed Cession ACI will be set to suspended
Changed documentation
MG & Reserve Orders #
SE-36912 - Add new variable '%Total Amount Booked' in MG/UE calculation editor - Renaissance Re #
Aim of function:
To Introduce a new variable 'Total Amount Booked' in the Multi GAAP and Underwriter estimates calculation editor.
Business value for customers:
To retrieve the figures from 'Total Amount Booked' field in P/L condition
System Parameters Affected:
Added new calculation variable i.e. 'Total Amount Booked' with Two sub variable 'Gross' & 'Net'.
Existing functionality affected
Multi GAAP and Underwriter Estimates Calculation Editor.
Changed documentation
Other #
SE-15602 - Comprehensive Security Scanning - DXC #
Aim of function:
The CVE Security Report section of SICS Docs now shows both Exposed and Fixed CVEs for the current and the last 8 prior releases.
This now makes it crystal clear what CVEs have been fixed in each release as well as what CVEs the software is still exposed to.
Business value for customers:
Clear documentation of both fixed and exposed CVEs. Customers can now search for a CVE in SICS Docs to find out which release it was fixed and which versions are exposed to a particular vulnerability.
This is a valuable insight for upgrade planning.
System Parameters Affected:
None
Existing functionality affected:
None
Changed documentation
SE-36639 - Improved Batch Processing Capability - DXC #
Aim of Function:
Implement a distributed batch processing architecture with standardized process switching enabled by a flag to switch from standard to distributed to improve scalability and performance. This approach enables better parallel execution and is applied to RPO and RCO processes, enhancing overall user experience.
Business value for customers:
Customers will experience faster, more efficient batch processing with improved execution consistency. The system's ability to scale and adapt enhances overall performance, supporting smoother operations and an improved user experience.
System Parameters Affected:
N/A
Existing functionality affected:
N/A
Changed documentation
SE-36722 - Desktop App UX improvements - DXC #
Aim of function:
The following user experience improvements:
- Continued icon improvement
- Drag and Drop support for file selection
- Investigation of Dark Mode support
Business value for customers:
Improved cosmetic and functional improvements.
System Parameters Affected:
None
Existing functionality affected:
N/A
Changed documentation
SE-38705 - Upgrade to Java 21 - DXC #
Aim of function:
Upgrade the delivered JRE to Amazon Corretto Java 21 which is the latest Long Term Support version of Java.
https://www.oracle.com/java/technologies/java-se-support-roadmap.html
Business value for customers:
Access to new functionality and the latest security patches.
Avoidance of future technical debt.
System Parameters Affected:
None
Existing functionality affected:
All, though it is mostly not visible to the end user.
Changed documentation
This report was generated Thu Sep 25 11:35:42 UTC 2025.