02 — Capability · BC-1740.50
Reinsurance Placement & Recovery
Keep the insurer's net exposure within appetite by buying reinsurance treaties and facultative cover, ceding the right share of each risk and collecting what reinsurers owe. An enterprise buying its own insurance sits in Enterprise Risk.
- Reinsurance
- Ceded Reinsurance
- Treaty and Facultative Reinsurance
- Outwards Reinsurance
In scope
- Treaty program structure, retention and placement
- Facultative placement for individual risks
- Cession calculation and bordereaux with reinsurers
- Reinsurance recoveries and account settlement
Out of scope
- Corporate insurance purchasing and captive oversight (see BC-130.50)
- Capital relief measured in solvency capital (see BC-1780.30)
Realized by · 0
- No product in the catalog yet.
Used in · 3
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-1740.50.10Treaty Structure & RetentionDecide what the insurer keeps and what it cedes, by line and layer, and place the treaties that carry the rest with suitable reinsurers.
- BC-1740.50.20Facultative PlacementArrange reinsurance for individual risks that fall outside treaty terms or capacity, before the underlying policy is bound.
- BC-1740.50.30Cession & Bordereaux ProcessingCalculate the ceded premium and exposure on each policy or treaty and exchange accurate bordereaux with reinsurers, or with cedents for assumed business.
- BC-1740.50.40Reinsurance Recovery CollectionIdentify claims that trigger reinsurance, bill the reinsurers, and settle and reconcile the reinsurance accounts.