What is 'accumulation control' in SAP FS-RI - Reinsurance?

accumulation control - Overview

• Component: FS-RI

• Component Name: Reinsurance

• Description: The insured sums of all insurance policies against a specific peril that could be affected by the same loss event are entered and added to the in-force business.

accumulation control - Details

• 
  Key Concepts: 
  Accumulation control is a feature of the FS-RI Reinsurance component of SAP. It is used to manage the accumulation of risk across multiple reinsurance contracts. It allows users to define and monitor the maximum amount of risk that can be taken on by a reinsurer, and to ensure that the total amount of risk taken on does not exceed this limit. 
  
  How to use it: 
  Accumulation control is used to set up and manage reinsurance contracts in SAP. It allows users to define the maximum amount of risk that can be taken on by a reinsurer, and to monitor the total amount of risk taken on. This helps to ensure that the reinsurer does not exceed its risk limit. 
  
  Tips & Tricks: 
  When setting up accumulation control, it is important to ensure that the maximum amount of risk taken on by a reinsurer is not exceeded. This can be done by setting up an accumulation control limit for each reinsurance contract, and monitoring the total amount of risk taken on. 
  
  Related Information: 
  For more information about accumulation control in SAP, please refer to the SAP Help Portal or contact your local SAP support team.