Reinsurance Agreement

Type: Information Object

Status: Planned
Industry Sector: Insurance
Sensitivity Level: Confidential
Personal Information: No PII

Description:
A contract between an insurer (cedant) and a reinsurer under which the reinsurer accepts a defined portion of the insurer's risk in exchange for a share of the premium.

Accessed by Application(s):

• Actuarial Reserving Platform
• Reinsurance Administration System

 Yes

Attributes

Order	Name	Description	Type	Cardinality	Example value
1	Agreement ID	Unique identifier for the reinsurance agreement	GUID	Mandatory
2	Reinsurer ID	Reference to the reinsurance counterparty	Reference	Mandatory
3	Treaty Type	Structure of the reinsurance arrangement	Enumeration	Mandatory	Quota Share
4	Cession Rate	Percentage of risk ceded to the reinsurer	Decimal	Optional
5	Effective Date	Date from which the agreement is in force	Date	Mandatory
6	Expiry Date	Date on which the agreement expires	Date	Mandatory
7	Lines of Business	Insurance lines of business covered by the agreement	String	Mandatory
8	Retention Limit	Maximum amount retained by the cedant before reinsurance applies	Decimal	Optional
9	Currency	Currency in which the agreement is denominated	Enumeration	Mandatory	EUR

 Yes
 
 Planned
 No PII
 Confidential
 Insurance
 A contract between an insurer (cedant) and a reinsurer under which the reinsurer accepts a defined portion of the insurer's risk in exchange for a share of the premium.

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