2.4.1.
Reinsurance Overview
Up one level
Reinsurance contracts are usually grouped in a reinsurance program. It is possible to model reinsurance programs per line of business, global reinsurance programs with multi line coverage or a mixture of both concepts.
Available are programs with a fixed number of serial ordered contracts or 'dynamic' programs allowing the user to add and remove contracts within the graphical user interface and to define the order in which they are applied.
The graphical user interface allows selecting a ‘strategy’ per contract. Currently implemented strategies are:
- quota share
- quota share with annual aggregate limit
- surplus
- working excess of loss
- cat excess of loss
- stop loss
