What is New in this Release

Oracle Insurance Accounting Analyzer bundles the following new features:

• Weighted-average interest accretion macro was made available for direct insurance calculation templates in release version 8.1.2.10.0. It is also available for prospective reinsurance-held templates from version 8.1.2.11.0 onward.
• Projections are supported for FRA (Fully Retrospective Approach), FRA-acquired and MRA (Modified Retrospective Approach) liability calculation runs.
• Two new tables; FSI_RI_CONTR_INPUT_DETAIL_EXT and FSI_RI_GROUP_INPUT_DETAIL_EXT are added to support the addition of new pre-seeded reinsurance-held input variables.
• Two new tables; FSI_RI_CNTR_INPUT_DTL_CUSTOM and FSI_RI_GRP_INPUT_DTL_CUSTOM are supported by the application, however these new tables must be created first by using a data model tool (e.g., Erwin). The steps to create these tables can be found in the user guide. Users are required to create and use these tables going forward for adding any user specific reinsurance-held input variables.
• Monthly, quarterly and half-yearly projection frequencies are supported for Maturity Analysis and CSM Recognition per time band reports.