On this tab, you enter keys to activate different SICS modules. If your company wants to take a module into use, contact your SICS account manager to obtain the key for that particular module.
Field Description Enable Broker Settings Selected:* The naming convention of the system will change for the most crucial terms, to reflect that the base company is a broker. For example, the system will show the role Base Broker instead of Reinsurer for assumed business and Base Broker instead of Cedent for outward business.
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To view lookup table properties from the Find: Lookup Table window:
Select the table name from the display list. Select View Properties from the pop-up menu. You see the properties window for the selected table.
This window is divided into four tabs: Properties, Relationships, Information and Column Descriptions.
Properties: You see the business properties of the table, such as the table name, table description and table type. Click the Edit button to edit these details.
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The following files are available under this path: <Sics_Releasefolder>/<SICS_BI_Reporting>/<SICS_BI_Reporting>.
Preparation of Tables used by Reporting Information Design Tool and UNX version of universes Upgrading Your Current Universes SAP BOBI Platform - LDAP - SSL and TLS SAP BOBI Platform - Missing Authentication Check SAP BOBI Platform - Setup Database Connection SAP BOBI Platform 4.x - Bundled Tomcat and JVM versions How to update Web Intelligence reports from unv to unx universes using Workflow Assistant - Automation Framework
Most companies are divided into several sections. It is likely, for example, that one company has more than one unit or department bringing revenue into the company. In that case, the company will have several “profit centers,” each of which has its own reporting unit. Reporting units reflect how the business is divided internally according to reporting structure. In SICS, all businesses may be assigned to one or more reporting units, or leaves.
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General # In the General tab of the Multi GAAP System Parameters, you define the general setup of Multi GAAP, such as Estimation Frequency, Estimation Basis and which Booking Years to estimate.
Multi GAAP P&C System Parameters
Multi GAAP Life System Parameters
Field Description Estimation Basis The Estimation Basis determines how the estimations are booked to the ledger and how the sum up on the Portfolio Program is done. Accounting Year and Booking Year are the options available from the drop-down list.
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The transfer of accounting information from primary into SICS is done through Policy Ceded Accounting Order. Premium and deduction entries are booked once on technical worksheets while claims are booked twice, first on technical worksheets and secondly on claim worksheet.
Note! Policy Ceded Accounting Order is only available if your company uses the specific Ceded functionalities in SICS.
Create a Policy Ceded Accounting Order # The Policy Ceded Accounting Order is set up in SICS from the Find Accounting Order window.
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Risk zone icon
Click the Risk Zone Management icon to see the Risk Zone Management window.
You can register, update, and find registered information about which risk zones are used for accumulation control.
The main function of this window is to divide countries into risk zone section s. A risk zone system (like CRESTA or NUTS) is at the top of the hierarchy, and it is then broken down by country, and then zones within that country.
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On this parameter you may enter any information you like regarding the system parameters.
These orders are used to calculate and book the reinsurance cession on all the proportional treaties and proportional facultative certificates.
Preliminary Bookings Order should be used when you create the reinsurance bookings for the first time for a worksheet created on the Policy Ceded. These worksheets are marked as Not yet Retroceded.
Preliminary Bookings Correction Order should be used when corrections have been done either on the Policy Ceded or on the Outward Treaty that will trigger that already reinsured figures needs to be recalculated.
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This is where you register the pre agreed apportionment between entities/ syndicates owned/ managed by the same company. The same Business Stamp can be assigned to multiple Joint Contracts.
Create a new Business Stamp:
Register the pre agreed apportionment between entities/ syndicates:
From SICS desktop select Reference Items Select Business Stamps and open in edit mode Select Add Stamp from the pop-up menu Enter Stamp Identifier and Valid Period Select Add from the pop-up menu to register insurer/ reinsurer Enter business partner ID or use the Find facility to select wanted insurer/ reinsurer Tick off Administrator if selected business partner is the insurer/ reinsurer of the lead contract Enter insurer’s/ reinsurer’s Share Press Save Repeat points 5-9 to add more insurers/ reinsurers When Total share is 100%, press Save to save the new Business Stamp Press OK Change Business Stamp Details
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