If the analysis target’s property exposure data includes contract- or layer-level facultative terms, you can configure the Facultative Reinsurance option. The analysis applies the terms during the analysis. If you decide to apply the terms, make sure that you set the inuring order for the treaties to which the facultative reinsurance will be applied. You have two options:

•       Apply and inure to the benefit of treaties: Applies and inures before other treaty types, reducing the loss to those treaties. Click here for information about the relationship between treaty types and inuring order.

•       Apply in parallel with the first level treaties: Applies at the same time as other treaty types.

If you do not want to apply these facultative terms during the analysis, select the Do not apply option.