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msg.Reinsurance from msg life

A comprehensive reinsurance management solution covering proportional and non-proportional treaties, facultative reinsurance, and retrocession. The system handles premium calculations, claims recovery, commutations, and provides extensive reporting capabilities.

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Product analysis by function

Reinsurance Management Software for Risk Management

Applications that manage reinsurance contracts, track ceded premiums and claims, and optimize reinsurance strategies to balance risk transfer and retention.
More Reinsurance Management Software More Risk Management ...

Contract Management
(1 Yes /1 Known /12 Possible features)

Premium and Claims Tracking
(3 Yes /3 Known /10 Possible features)

Financial Accounting and Reconciliation
(1 Yes /1 Known /9 Possible features)

Risk Analytics and Reporting
(1 Yes /1 Known /10 Possible features)

Optimization and Decision Support
(0 Yes /0 Known /8 Possible features)

Integration and Interoperability
(0 Yes /0 Known /7 Possible features)

Security and Compliance
(0 Yes /0 Known /7 Possible features)

User Experience and Accessibility
(0 Yes /0 Known /8 Possible features)

Data Management
(0 Yes /0 Known /7 Possible features)

System Performance and Reliability
(0 Yes /0 Known /5 Possible features)

Support and Vendor Services
(0 Yes /0 Known /7 Possible features)

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Multi-type Contract Support Ability to handle multiple contract types such as treaties and facultative placements.		Product description states support for proportional & non-proportional treaties and facultative reinsurance, therefore multiple contract types are handled.
Version Control Tracks changes and maintains previous versions of contracts for audit and rollback.		No information available
Clause Customization Customizable contract clauses to reflect unique terms and conditions.		No information available
Attachments and Documentation Store and retrieve documents, endorsements, and supporting files attached to contracts.		No information available
Contract Renewal Automation Automatic reminders and tools to manage the contract renewal process.		No information available
Contract Limit Tracking Automatically tracks and notifies on contract limits and exhaustion.		No information available
Counterparty Database Stores and manages reinsurer and broker entity information.		No information available
Contract Approval Workflow Built-in workflows for contract negotiation, review, and approval.		No information available
Contract Term View Easy visualization and search of contract terms and timelines.		No information available
Contract Import/Export Exports or imports contract data in multiple file formats.		No information available
Contract Hierarchies Links related contracts through master/slave or program structures.		No information available
Language Support Provides multilingual contract creation and storage.		No information available

Ceded Premium Calculation Automated calculation of ceded premiums as per contract terms.		Notes say the system "handles premium calculations," indicating automated ceded-premium computation.
Assumed Premium Tracking Monitors premiums when acting as a reinsurer.		No information available
Claims Notification Tools for alerting relevant users/entities regarding new or outstanding claims.		No information available
Recovery Processing Automates calculation and processing of paid-to-date and expected recoveries.		The description mentions "claims recovery," implying automated calculation and processing of recoveries.
Retrocession Support Tracks outwards retrocession arrangements linked to inbound reinsurance.		Explicitly lists retrocession as part of supported business.
Management of Bordereaux Automated ingestion and handling of bordereau files for bulk data processing.		No information available
Outstanding Amount Tracking Tracks and reports on outstanding premiums and recoveries.		No information available
Reserve Management Automated calculation and updating of case and IBNR reserves.		No information available
Cash Call Management Initiates and tracks cash calls as per contract provisions.		No information available
Currency Support Supports tracking in multiple currencies and real-time FX updates.		No information available

Automated Journal Entries Auto-generation of accounting entries for premium, claim, and recovery transactions.		No information available
General Ledger Integration Direct integration and posting to the general ledger system.		No information available
Audit Trails Captures a detailed record of all changes and transactions.		No information available
Reconciliation Tools Automated matching and reconciliation of reinsurance accounts.		No information available
Settlement Processing Automates calculations and distributes payment instructions for settlements.		Inclusion of "commutations" indicates the system automates settlement of obligations, matching the Settlement Processing feature.
Sub-ledger Capabilities Maintains separate sub-ledgers for detailed tracking.		No information available
Multi-entity Support Handles transactions across legal entities.		No information available
Financial Statement Generation Generates financial summaries and statements for reinsurance transactions.		No information available
VAT & Tax Handling Automated calculation and posting of taxes and withholdings.		No information available

Risk Aggregation Analysis Calculates and visualizes aggregated risk exposures.		No information available
Scenario and Stress Testing Simulates impact of catastrophic and extreme loss events.		No information available
Probability of Attachment/Exhaustion Assesses the likelihood of cover layer activation or exhaustion.		No information available
Loss Triangles and Development Generates loss triangles for reserve analysis and development factors.		No information available
Dynamic Dashboard Customizable dashboards for key risk and financial metrics.		No information available
Real-Time Data Update Reflects the most current data in analytics and reporting.		No information available
Automated Regulatory Reports Creates reports for statutory and solvency submissions.		No information available
Exposure Mapping Visual mapping of exposures by region or risk category.		No information available
Data Export Options Export analysis data in various formats (Excel, PDF, CSV).		"Extensive reporting capabilities" generally include the ability to export reports/data in common formats.
Frequency of Report Generation How often reports can be generated or scheduled.		No information available

Retention Optimization Engine Recommends optimal retention levels based on risk appetite and cost.		No information available
Reinsurance Layer Structuring Tool for designing and comparing alternative layer structures.		No information available
Cat Model Integration Integrates catastrophe modeling software for event-based risk assessment.		No information available
Net Exposure Calculator Calculates net retained and ceded risk dynamically.		No information available
Scenario Comparison Compares multiple reinsurance programs or purchase options.		No information available
Contract Pricing Support Provides tools for structuring or negotiating ceded premium levels.		No information available
Automated Recommendation Engine Suggests actions based on risk analytics and market data.		No information available
Monte Carlo Simulation Allows probabilistic modeling of loss distributions and impacts.		No information available

API Availability Open API or SDK for data exchange and process automation.		No information available
Core System Connectors Pre-built links to major policy admin, claims, and accounting systems.		No information available
File Import/Export Can import and export data through predefined templates/formats.		No information available
Event-Based Integration Integrates on real-time business events (not just scheduled syncs).		No information available
Third-Party Data Feeds Ability to integrate third-party exposure, claims, or actuarial data.		No information available
Batch Processing Speed How many records can be processed per batch operation.		No information available
Custom Mapping Tools User-configurable data mapping from source to target fields.		No information available

Role-Based Access Control Granular permissions by user role and function.		No information available
Data Encryption Encryption at rest and in transit for data security.		No information available
Audit Logging Complete logs of user activity for audit and compliance reviews.		No information available
Regulatory Compliance Modules Pre-built or customizable compliance packs (e.g., SOX, GDPR, IFRS).		No information available
User Authentication Options Multi-factor, SSO, and advanced authentication support.		No information available
Disaster Recovery Automated backup, failover, and recovery systems.		No information available
Data Retention Policies Configurable rules for data storage and retention periods.		No information available

Intuitive UI Clean, modern, and user-friendly interface design.		No information available
Role-Based Dashboards Personalized dashboards for different job roles.		No information available
Guided Workflows Step-by-step processes for complex tasks.		No information available
Self-Service Reporting Users can build and customize their own reports without IT.		No information available
Notification Management Configurable email and in-app notifications/alerts.		No information available
Mobile Accessibility Access via mobile or tablet devices.		No information available
Accessibility Options ADA and WCAG compliance for users with disabilities.		No information available
Platform Localization Multilingual navigation and labels.		No information available

Data Validation Rules Automated checks to ensure data integrity.		No information available
Duplicate Detection Identification and elimination of duplicate entries.		No information available
Data Archiving Automated archiving based on policies.		No information available
Data Import Quality Checks Onboarding data with built-in quality and consistency checks.		No information available
Master Data Management Maintains single, accurate records of core entities.		No information available
Custom Field Support Users can define custom fields for specialized contract or claim data.		No information available
Retention Schedule Management Configurable rules for data aging and removal.		No information available

System Uptime Guaranteed or average percentage of system availability.		No information available
Transaction Processing Speed Average time to complete transactions.		No information available
Concurrent User Support Number of users the system can support simultaneously.		No information available
Disaster Recovery Time Time to restore the system after a catastrophic failure.		No information available
Scalability Metrics Ability to handle increasing transaction or data volumes.		No information available

24/7 Customer Support Access to technical/customer support at all times.		No information available
Onboarding Assistance Help with setup, configuration, and data migration.		No information available
Documentation Quality Comprehensive user and API documentation.		No information available
User Community/Forum Active user community for best practices and peer support.		No information available
Training Services Availability of training (online, in-person, or hybrid).		No information available
Service Level Agreements (SLAs) SLAs covering response and resolution times.		No information available
Regular Updates Frequency of software patches and feature upgrades.		No information available

msg.Reinsurance from msg life

Product analysis by function

Reinsurance Management Software for Risk Management

Contract Management (1 Yes /1 Known /12 Possible features)

Premium and Claims Tracking (3 Yes /3 Known /10 Possible features)

Financial Accounting and Reconciliation (1 Yes /1 Known /9 Possible features)

Risk Analytics and Reporting (1 Yes /1 Known /10 Possible features)

Optimization and Decision Support (0 Yes /0 Known /8 Possible features)

Integration and Interoperability (0 Yes /0 Known /7 Possible features)

Security and Compliance (0 Yes /0 Known /7 Possible features)

User Experience and Accessibility (0 Yes /0 Known /8 Possible features)

Data Management (0 Yes /0 Known /7 Possible features)

System Performance and Reliability (0 Yes /0 Known /5 Possible features)

Support and Vendor Services (0 Yes /0 Known /7 Possible features)