Assign Protection Manually # | Proportional Protection Assignment | To assign a Proportional Protection to the Assumed Business, click the Proportional Protection Assignment button in the Navigation bar of a proportional business.
You can also assign Non-Proportional Protection to the business by clicking the Non-Proportional Protection Assignment button. | | Non-Proportional Protection Assignment |
Assign Proportional Protection # Clicking the Proportional Protection Assignment button opens the Proportional Protection Assignment window.
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Open and View Online Statistics # Sometimes the accounting information of a business is best presented by statistics. SICS generates online statistics based on the information from the Business Ledger. The statistics are updated immediately when you close a worksheet. Not only accountants, but also underwriters and managers will find that viewing the statistics is the quickest and easiest way to get an overview of the economic situation of a business.
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Terms and conditions regarding the maximum liability of a reinsurance agreement and the monetary amount to be received in return for the cover comprise, in SICS, the limit and premium conditions.
The limits range from the agreed monetary limitations and deductibles to more informational items, like run passenger miles and turnovers.
The premium conditions include items such as the estimated premium informed by the cedent, pre-agreed premiums, premium rates, and premium invoicing schedules.
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