The following rules for Life Businesses can be configured within the Life Business Calculation Rules module. These rules apply to Life business and can be configured either at the Assumed Business level or on the Outward Cedent’s Contract, where relevant.
Access to administering these rules is governed by the ‘Life Business Calculation Rules’ security use case.
Field Description SAR Calculation Basis Rule Values: When the system parameter Activate SAR Calculation Basis is selected, you may set up the SAR Calculation Basis Rules.
...
Calculation Model Entry Code Maintenance icon.
In order to perform the calculations on an Individual cession, mappings must be provided that link calculation names to entry codes.
This will allow SICS to automatically calculate the accounting items on cessions, either to generate the items initially, or so that entered accounting values may be validated against the calculation rules specified on the business to which the cession is attached.
Note! Calculation Model Entry Code Maintenance applies to SICS Life only.
...
Organizations sharing the same SICS installation may consist of several legal entities, where each entity has its own business partners. In this case, it may be beneficial to link the Business Partners to the Base Company they belong.
Open the Base Company Select Details Tab From the pop-up menu, select Add Business Partners Find the wanted Business Partner, transfer Select OK Linked Business Partners: # The business partners linked to this Base Company.
...
When creating Reports using Business Objects, you can decide whether the report should extract data for a specific Access Code by defining selection criteria on the appropriate Access Code object.
For example, for Business reports, you must use the Access Code reportable object, located on the Business Reporting Table.
Database Structure
Templates, Processes, Tasks, User Groups, etc are stored in the SICS database, in tables prefixed with ‘TM_’. In addition, there is a table named LOCALIZED_TEXT. Clients who are interested in reporting directly from these tables should contact their DXC Reinsurance representative.
Business Objects
A reporting ‘universe’ for Task Management data is available.
Joint Life Cession with retrocessions attached # Load sequence:
Load Joint Life Individual Cession (ex: AIC743).
Load Individual Retrocession (ex: AIC743-0).
Load OCC retrocession (ex: AIC743 and OUT10).
It has a link to both the inward cession and the retrocessionaire retrocession
Similar logic is used for Individual cessions with retrocessions linked.
Import the “old” universe version to the machine and open up the new universe which is stored outside the repository on your machine. Saving the new universe on desktop makes it easy to find.
In the old universe, open up the universe parameters and add something so it can be apart from the new universe, for example the universe version or like it has been done above and click OK.
...
Domain Restrictions (also referred to as data-sensitive security) are mainly used to control values users enter into the system. Some of the restrictions ensure that certain criteria are met before letting users execute business functions.
Domain restrictions are, like use cases, added to user roles.
To add a domain restriction to a user role:
Double-click the Security icon on the SICS desktop. Select the User Role tab in the Access Security Manager window.
...
SICS allows you to mark many Brokerage Details in one go by using the Brokerage Booking Handling feature.
Note! This feature is only available if the system parameter Enable Broker Settings on the Business, Specific sub tab has been selected.
This feature is relevant to use if your ‘Own Brokerage’ must be treated in a special way and has to be moved to the General Ledger. The Brokerage Details are only retrieved if the associated premium is settled, or if the brokerage itself is settled and if no associated premium transactions exists.
...
System Setup # Claim Identifiers # Claim identifiers are unique identifiers that are used to identify a claim and are generated automatically by the system. The claim identifier can then be used to quickly search for claim details.
Inward Claims Identifier Assignment
Description U/W Year and Sequential Number Selected: Inwards Claim identifier generated using UW Year as first four digits; followed by a sequential number.Cleared: If no option is selected; identifiers are generated as if Sequential Numbers only.
...