Create a New Reinsurance Settlement

Perform the following steps to create new reinsurance settlements:

1. In the Reinsurance Settlement pane, click Add to open the Reinsurance Settlement window.

   Figure 3-19 Reinsurance Settlement Window

   
   

   

   
   
2. Populate the Reinsurance Settlement form as tabulated.

   Note:

   Except for the Description field, all the fields are mandatory.

   Table 3-2 The Reinsurance Settlement pane

   Field	Description
   Name	Enter a name for the reinsurance settlement. This is a mandatory field.
   Description	Enter a description for the reinsurance settlement.
   Folder	Select a folder from the drop-down list. This is a mandatory field.
   Legal Entity	Click the Launch Hierarchy icon to select a legal entity. This is a mandatory field.
   Line of Business	Click the Launch Hierarchy icon to select a line of business. This is a mandatory field.
   Product	Click the Launch Hierarchy icon to select a line of business. This is a mandatory field.
   Business Segment	Select a business segment from the drop-down list.
   Reinsurer	Select a reinsurer from the drop-down list.
   Currency	Select a currency from the drop-down list. This is a mandatory field.
   Calculation Method*	Select a calculation template from the drop-down list. This is a mandatory field.

3. Click Submit or click Save and then Submit to submit the reinsurance settlement to the approver.