Specifying Facultative Reinsurance Options
Specifying facultative options.
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.
Procedure
To specify facultative options.
-
Do not apply: Does not apply the facultative terms during the analysis.
Apply and inure to the benefit of treaties: Applies and inures before other treaty types, reducing the loss to those treaties.
-
Apply in parallel with the first level treaties: Applies at the same time as other treaty types.