Reserve Converter

The reserve converter feature allows the user to convert reserves to the cohort level. The claim payment patterns will be applied to generate cashflows.

You can access the Reserve Converter window by clicking the Reserve Converter element from the left-hand side menu. When you click this element, the Reserve Converter window is displayed:

Figure 3-22 Reserve Converter

Figure 3-23 Reserve Converter Continued

The following tasks are available on this window:

Table 3-3 Reserve Converter Actions

Field	Description
Legal Entity	Select a legal entity from the drop-down list.
FIC MIS Date	Select a date from the calendar.
Segment	Select a segment from the drop-down list.
Year	Select a year from the drop-down list.
Date Basis	Select a basis for the date from the drop-down list, the available options are: Till Date YTD
Search	This button is enabled when values are selected in the Legal Entity, FIC MIS Date, and Segment fields. When the search button is clicked, the Year field is automatically populated and the Status table at the end of the window is auto populated with the FIC MIS date, legal entity, segment, data basis and AY details. These details appear based on the values that were selected in the respective fields.
AY	This field contains the year that was selected in the Year field. Click this field to select additional years.
Calculate	Select this button to calculate. If the sum of the weightage is not 100%, an error message appears informing that the sum of the weightages must be 100%.
Action	This drop-down list contains three features: UY Reserve Converter - Apply Previous Approved Weightages - Help - Access the help page for this feature
Save	Click this button to save the conversion.
Submit	Click this button to submit the conversion.

An example of the screen when the details are populated in the form:

Figure 3-24 Reserve AY

Figure 3-25 Reserve AY

Figure 3-26 Reserve AY

Figure 3-27 Reserve UY

Figure 3-28 Reserve UY

Figure 3-29 Reserve UY