How To Fix /PM0/ABD_PR_MESSAGE051 - Premium share of lead must equal 0% for fronting

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABD_PR_MESSAGE -

• Message number: 051

• Message text: Premium share of lead must equal 0% for fronting

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABD_PR_MESSAGE051 - Premium share of lead must equal 0% for fronting ?

  The SAP error message /PM0/ABD_PR_MESSAGE051 indicates that there is an issue with the premium share of a lead in a fronting scenario. Specifically, it states that the premium share must equal 0% for fronting arrangements. This error typically arises in the context of insurance or reinsurance transactions where fronting is involved.
  Cause:
  
  
  Fronting Definition: In insurance, fronting refers to a situation where an insurance company (the fronting insurer) issues a policy on behalf of another insurer (the actual risk carrier). In such cases, the fronting insurer usually retains no risk and thus should not have any premium share.
  
  
  Incorrect Configuration: The error may occur if the premium share for the lead is incorrectly set to a value other than 0%. This could be due to manual entry errors, incorrect data migration, or misconfiguration in the system.
  
  
  Data Entry Issues: If the data related to the premium share was entered incorrectly during the transaction setup, it could lead to this error.
  
  
  Solution:
  
  
  Check Premium Share Configuration: Review the configuration settings for the lead in question. Ensure that the premium share is set to 0% for fronting arrangements. This can typically be done in the relevant transaction or configuration screen in SAP.
  
  
  Correct Data Entry: If the premium share was entered incorrectly, correct the entry to reflect a 0% premium share. This may involve editing the transaction or record where the error occurred.
  
  
  Review Business Rules: Ensure that the business rules and processes related to fronting arrangements are well understood and correctly implemented in the system. This may involve consulting with business analysts or stakeholders involved in the insurance or reinsurance processes.
  
  
  Testing: After making the necessary changes, test the transaction again to ensure that the error no longer occurs.
  
  
  Consult Documentation: If the issue persists, consult SAP documentation or support resources for further guidance on handling this specific error message.
  
  
  Related Information:
  
  
  Fronting Arrangements: Understanding the concept of fronting in insurance and reinsurance is crucial. It typically involves a fronting insurer issuing a policy while transferring the risk to another insurer.
  
  
  SAP Modules: This error is likely related to SAP modules that handle insurance or reinsurance processes, such as SAP FS-PM (Policy Management) or SAP FS-RI (Reinsurance).
  
  
  User Roles: Ensure that users involved in entering or managing these transactions have the appropriate training and understanding of the system's requirements for fronting arrangements.
  
  
  If you continue to experience issues or if the error is not resolved through the above steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert who specializes in insurance and reinsurance processes.