What is reinsurance program ruleset in SAP FS-RI - Reinsurance?

SAP Term: reinsurance program ruleset

• Component: FS-RI

• Component Name: Reinsurance

• Description: The ruleset for a reinsurance program defines how the liability from risks that have been transferred for a defined portfolio section are to be distributed to retention and reinsurance treaties.

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• Key Concepts: 
  A reinsurance program ruleset is a set of rules used to define the conditions and parameters of a reinsurance program in SAP FS-RI Reinsurance. It is used to define the terms of a reinsurance agreement, such as the types of risks covered, the amount of coverage, and the premiums to be paid. 
  
  How to use it: 
  In order to use a reinsurance program ruleset, you must first create it in SAP FS-RI Reinsurance. This can be done by entering the relevant information into the system, such as the types of risks covered, the amount of coverage, and the premiums to be paid. Once created, you can then assign it to a reinsurance program. 
  
  Tips & Tricks: 
  When creating a reinsurance program ruleset, it is important to ensure that all relevant information is entered accurately. This will help ensure that the reinsurance program runs smoothly and that all parties involved are aware of their obligations. 
  
  Related Information: 
  For more information on how to create and use reinsurance program rulesets in SAP FS-RI Reinsurance, please refer to the official SAP documentation.