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SAS Reinsurance Management Module — Software Requirements Specification (SRS)

Table of Contents​

1 Document Information​

FieldValue
Project NameSAS Reinsurance Management Module
Version1.0
Date Created2025-10-17
Date Modified2025-10-17
Document TypeSoftware Requirements Specification
Module CodeREINSURANCE
Prepared BySky Software Engineering Team
StatusDraft

2 Project Overview​

2.1 Description​

The Reinsurance Management module provides comprehensive management of reinsurance treaties, facultative reinsurance, quota share, excess of loss arrangements, and catastrophe coverage. It automates reinsurance calculations, premium cessions, claim recoveries, bordereaux generation, reinsurer settlements, and regulatory reporting. The module supports multiple treaty types (proportional and non-proportional), manages relationships with multiple reinsurers, tracks reinsurance contracts and renewals, calculates ceded premiums and recoveries, generates bordereaux reports for reinsurers, manages reinsurer payments and receivables, and maintains full audit trails for compliance with TIRA reinsurance regulations.

2.2 Objectives​

  • Manage reinsurance treaties (quota share, surplus, excess of loss, catastrophe)
  • Automate facultative reinsurance placement and management
  • Calculate ceded premiums accurately and timely
  • Process reinsurance claim recoveries efficiently
  • Generate bordereaux reports for reinsurers automatically
  • Track reinsurer accounts and settlements
  • Support treaty renewals and amendments
  • Maintain compliance with TIRA reinsurance regulations
  • Provide comprehensive reinsurance analytics and reporting
  • Enable integration with finance module for accounting

2.3 Scope​

2.3.1 In Scope​

  • Reinsurance treaty management (quota share, surplus, excess of loss, catastrophe)
  • Facultative reinsurance placement and tracking
  • Ceded premium calculations (proportional and non-proportional)
  • Reinsurance claim recovery calculations and tracking
  • Bordereaux generation and distribution
  • Reinsurer account management and settlements
  • Treaty renewals and amendments
  • Reinsurance program modeling and optimization
  • TIRA reinsurance regulatory reporting
  • Reinsurance analytics and performance metrics
  • Integration with claims module for recoveries
  • Integration with finance module for accounting

2.3.2 Out Of Scope​

  • Retrocession management - future enhancement
  • Advanced catastrophe modeling - integration with external CAT models
  • Broker commission management - covered in Finance module
  • Investment of reinsurance deposits - covered in Finance module

2.4 Technology Stack​

2.4.1 Backend​

Django REST Framework, PostgreSQL, Celery (scheduled calculations)

2.4.2 Frontend​

React 19 (web interface)

2.4.3 Calculations​

Python actuarial libraries, pandas (data processing)

2.4.4 Reporting​

Custom bordereaux generation, PDF/Excel exports

2.4.5 Database​

PostgreSQL with complex financial calculations

2.5 Key Stakeholders​

  • Reinsurance Manager (treaty management, placements)
  • Actuarial Team (treaty structuring, pricing)
  • Claims Team (recoveries processing)
  • Finance Team (settlements, accounting)
  • Underwriting Team (capacity management)
  • Compliance Team (regulatory reporting)
  • Executive Management (risk transfer strategy)

3 User Requirements​

3.1 Treaty Management​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-TREATY-SETUPset up reinsurance treaties with complete terms and conditionsmanage reinsurance arrangements systematicallyMust HaveTreaty types: quota share, surplus, excess of loss (per risk, per occurrence, aggregate), stop loss, catastrophe. Capture: effective dates, limits, retention, commission, profit commission, loss corridor, reinstatement premiums, contract wording.
FT-REINS-TREATY-LAYERSconfigure treaty layers for excess of loss coveragestructure layered reinsurance protectionMust HaveMultiple layers with different limits, attachments, rates. Example: Layer 1: 5M xs 1M @ 10%, Layer 2: 10M xs 6M @ 8%. Support unlimited layers, track reinsurer participation per layer.
FT-REINS-REINSURER-PANELmanage panel of reinsurers with participation sharestrack who participates in each treatyMust HaveReinsurer details: name, rating (AM Best, S&P), contact info, participation %, lead reinsurer designation. Support multiple reinsurers per treaty, validate total participation = 100%.
FT-REINS-TREATY-AMENDMENTSamend existing treaties without creating duplicatesmaintain accurate treaty historyMust HaveAmendment types: limit changes, participation changes, rate adjustments, term extensions. Track amendment effective dates, maintain version history, audit trail.
FT-REINS-TREATY-RENEWALmanage treaty renewals with workflowensure timely renewal and avoid coverage gapsMust HaveRenewal workflow: alert 90 days before expiry, track renewal status, compare renewal vs expiring terms, support auto-renewal clauses, manage renewal negotiations.

3.2 Facultative Reinsurance​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-FAC-PLACEMENTplace facultative reinsurance for large risksobtain coverage for risks exceeding treaty capacityMust HaveFacultative placement workflow: identify need, request quotes from reinsurers, compare offers, bind coverage. Track per-risk facultative placements, link to underlying policy.
FT-REINS-FAC-QUOTESrequest and manage facultative quotes from reinsurersobtain competitive pricingMust HaveQuote request: send risk details to multiple reinsurers, track quote responses, compare pricing and terms, select best offer, acceptance notification.
FT-REINS-FAC-SLIPSgenerate and manage facultative slipsformalize facultative placementsMust HaveSlip details: risk description, coverage limits, reinsurer participation, premium, terms. Support slip amendments, track slip status (pending, bound, declined).
FT-REINS-FAC-TRACKINGtrack all facultative placements and their statusmonitor facultative portfolioMust HaveFacultative register: all placements, linked policies, reinsurers, coverage periods, premiums ceded, recoveries. Filter by status, reinsurer, period.

3.3 Ceded Premiums​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-CEDED-CALC-PROPORTIONALcalculate ceded premiums for proportional treatiesdetermine premium due to reinsurersMust HaveProportional calculation: gross premium × cession rate. Support quota share, surplus. Deduct commission. Calculate for each policy, aggregate by treaty, by reinsurer.
FT-REINS-CEDED-CALC-NONPROPORTIONALcalculate ceded premiums for non-proportional treatiesdetermine premium due for XOL/Cat coverageMust HaveNon-proportional: burning cost, exposure-based rating, minimum/deposit premiums, reinstatement premiums. Support per risk XOL, per occurrence XOL, aggregate XOL, catastrophe XOL.
FT-REINS-CEDED-ADJUSTMENTSprocess premium adjustments and correctionscorrect ceded premium calculationsMust HaveAdjustment types: policy cancellations, endorsements, premium corrections, rate changes. Recalculate ceded premiums, generate adjustment bordereaux, update reinsurer accounts.
FT-REINS-COMMISSIONcalculate reinsurance commissiondetermine net premium payable to reinsurersMust HaveCommission types: flat commission, sliding scale commission based on loss ratio, profit commission. Calculate commission, deduct from ceded premium, track commission receivable.
FT-REINS-CEDED-SCHEDULEschedule automatic ceded premium calculationsensure timely premium processingMust HaveSchedule: monthly/quarterly ceded premium runs. Auto-calculate based on new/renewed policies, generate bordereaux, update reinsurer accounts, alert if errors.

3.4 Claim Recoveries​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-RECOVERY-CALCcalculate reinsurance recoveries for claimsdetermine amounts recoverable from reinsurersMust HaveRecovery calculation: apply treaty terms (retention, limits, layers) to gross claim. Support proportional and non-proportional recoveries. Calculate by reinsurer based on participation.
FT-REINS-RECOVERY-WORKFLOWprocess recovery workflow from claim notification to collectionefficiently recover from reinsurersMust HaveWorkflow: claim settled → recovery calculated → recovery advised to reinsurer → reinsurer confirms → payment received. Track status, aging, follow-up.
FT-REINS-RECOVERY-ADVICEgenerate recovery advice notices to reinsurersformally notify reinsurers of recoveries dueMust HaveRecovery advice: claim details, policy details, treaty reference, recovery calculation breakdown, payment instructions. Send via email, track acknowledgement.
FT-REINS-RECOVERY-DISPUTESmanage recovery disputes with reinsurersresolve disagreements and collect amounts dueMust HaveDispute tracking: reinsurer disputes recovery, capture dispute reason, provide supporting documentation, track resolution, adjust recovery if necessary.
FT-REINS-RECOVERY-PAYMENTrecord recovery payments received from reinsurersreconcile reinsurer accountsMust HavePayment recording: amount received, payment date, bank details, allocate to specific recoveries, update reinsurer account balance, integrate with finance module.

3.5 Bordereaux​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-BORDEAUX-PREMIUMgenerate premium bordereaux for reinsurersprovide detailed premium statementsMust HavePremium bordereaux: list of policies ceded, gross premium, ceded premium, commission, net premium. Filter by treaty, reinsurer, period. Export to Excel/PDF.
FT-REINS-BORDEAUX-CLAIMSgenerate claims bordereaux for reinsurersprovide detailed claims informationMust HaveClaims bordereaux: list of claims, policy reference, loss date, gross claim amount, recovery amount, status. Filter by treaty, reinsurer, period. Export to Excel/PDF.
FT-REINS-BORDEAUX-CASHgenerate cash account bordereauxreconcile reinsurer cash accountsMust HaveCash bordereaux: opening balance, premiums ceded, recoveries received, payments made, closing balance. By reinsurer, by period. Include aging analysis.
FT-REINS-BORDEAUX-TEMPLATEScustomize bordereaux templates per reinsurer requirementsmeet specific reinsurer reporting needsMust HaveTemplate configuration: column selection, data fields, formats, logos. Support multiple templates per bordereaux type. Preview before generation.
FT-REINS-BORDEAUX-SCHEDULEschedule automatic bordereaux generation and distributionensure timely reporting to reinsurersMust HaveSchedule: monthly/quarterly bordereaux. Auto-generate, email to reinsurers, archive. Track delivery status, retry on failure.

3.6 Settlements​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-SETTLEMENT-ACCOUNTmaintain reinsurer account balancestrack amounts owed to/from reinsurersMust HaveAccount tracking: ceded premiums (payable), recoveries (receivable), payments made, payments received. Calculate net balance per reinsurer. Aging analysis.
FT-REINS-SETTLEMENT-NETTINGnet premiums and recoveries for settlementminimize cash movements with reinsurersMust HaveNetting: calculate net amount (premiums ceded - recoveries - commission). Generate settlement statement, approve settlement, process payment/receipt.
FT-REINS-SETTLEMENT-PAYMENTprocess settlement payments to reinsurerspay net amounts dueMust HavePayment processing: generate payment voucher, integrate with finance module, record payment, update reinsurer account. Support multi-currency settlements.
FT-REINS-SETTLEMENT-RECEIPTrecord settlement receipts from reinsurerstrack payments receivedMust HaveReceipt recording: amount received, receipt date, bank details, allocate to account, update balance, integrate with finance module.
FT-REINS-SETTLEMENT-RECONCILIATIONreconcile reinsurer accounts periodicallyensure account accuracyMust HaveReconciliation: compare our records vs reinsurer statements, identify discrepancies, investigate differences, adjust accounts, obtain reinsurer confirmation.

3.7 Analytics Reporting​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-ANALYTICS-CESSIONanalyze cession rates and trendsoptimize reinsurance utilizationMust HaveCession analysis: cession rate by product/region/period, gross vs net premium, retention ratio, trends over time. Identify under/over-utilization of treaties.
FT-REINS-ANALYTICS-RECOVERYanalyze recovery rates and performanceassess reinsurance effectivenessMust HaveRecovery analysis: gross claims vs recoveries, recovery ratio by treaty, recovery by reinsurer, large loss recoveries, catastrophe recoveries.
FT-REINS-ANALYTICS-COSTanalyze reinsurance cost vs benefitevaluate reinsurance program ROIMust HaveCost-benefit: total premiums ceded vs total recoveries, cost ratio, net benefit, by treaty type, by year. Compare different program structures.
FT-REINS-ANALYTICS-CAPACITYmonitor available reinsurance capacityensure adequate underwriting capacityMust HaveCapacity tracking: treaty limits, utilized capacity, available capacity. Alert when capacity approaching limits. Track by product, by region.
FT-REINS-REPORT-TIRAgenerate TIRA reinsurance regulatory reportscomply with regulatory requirementsMust HaveTIRA reporting: reinsurance program summary, ceded premiums, recoveries, reinsurer details, treaty terms. Quarterly and annual returns. Prescribed format.

3.8 Program Modeling​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-MODEL-STRUCTUREmodel different reinsurance program structuresoptimize reinsurance protectionShould HaveProgram modeling: simulate different treaty combinations, limits, retentions. Analyze impact on net loss, capital requirements, ROI. Compare scenarios.
FT-REINS-MODEL-LOSSmodel loss scenarios and reinsurance impactassess protection adequacyShould HaveLoss modeling: input hypothetical losses, calculate gross impact, calculate net impact after reinsurance, analyze retained risk. Support individual losses and catastrophe scenarios.
FT-REINS-MODEL-OPTIMIZATIONoptimize reinsurance program for cost and coverageachieve best risk transfer at optimal costShould HaveOptimization: analyze trade-offs between retention, limits, and cost. Recommend optimal structure based on risk appetite, budget, regulatory requirements.

3.9 Administration​

Feature CodeI Want ToSo That I CanPriorityNotes
FT-REINS-REINSURER-MASTERmaintain reinsurer master datamanage reinsurer information centrallyMust HaveReinsurer details: name, country, rating (AM Best, S&P, Fitch), contact details, payment terms, banking details, security status, active/inactive.
FT-REINS-DOCUMENTSstore and manage reinsurance contract documentsmaintain treaty documentationMust HaveDocument management: upload treaty wordings, slips, amendments, bordereaux, correspondence. Link to treaties, search, version control, access control.
FT-REINS-AUDIT-TRAILmaintain comprehensive audit trailtrack all reinsurance transactionsMust HaveAudit logging: all treaty setup/amendments, ceded premium calculations, recoveries, settlements, bordereaux. Who, what, when. 7-year retention.
FT-REINS-NOTIFICATIONSreceive alerts for key reinsurance eventstake timely actionMust HaveAlerts: treaty expiring soon, capacity threshold reached, large losses requiring recovery, overdue reinsurer payments, bordereaux due, reconciliation discrepancies.

4 Detailed Feature Requirements​

4.1 Ft Reins Treaty Setup​

4.1.1 Priority​

Must Have

4.1.2 User Story​

As a reinsurance manager, I want to set up reinsurance treaties with complete terms and conditions so that I can manage reinsurance arrangements systematically

4.1.3 Preconditions​

User authenticated with reinsurance management role

4.1.4 Postconditions​

Treaty created with all terms, reinsurers assigned, effective dates configured

4.1.5 Test Cases​

IdDescriptionWeight
TREATY-SETUP-TC-001Verify treaty types supported (quota share, surplus, XOL per risk, XOL per occurrence, XOL aggregate, stop loss, catastrophe)High
TREATY-SETUP-TC-002Verify capture effective dates (inception, expiry)High
TREATY-SETUP-TC-003Verify capture limits and retentionHigh
TREATY-SETUP-TC-004Verify capture commission and profit commissionHigh
TREATY-SETUP-TC-005Verify capture loss corridor and reinstatement premiumsMedium
TREATY-SETUP-TC-006Verify upload contract wording documentsHigh
TREATY-SETUP-TC-007Verify validation of required fieldsHigh

4.2 Ft Reins Treaty Layers​

4.2.1 Priority​

Must Have

4.2.2 User Story​

As a reinsurance manager, I want to configure treaty layers for excess of loss coverage so that I can structure layered reinsurance protection

4.2.3 Preconditions​

Excess of loss treaty created

4.2.4 Postconditions​

Multiple layers configured with limits, attachments, rates, and reinsurer participation

4.2.5 Test Cases​

IdDescriptionWeight
TREATY-LAYERS-TC-001Verify add multiple layers to treatyHigh
TREATY-LAYERS-TC-002Verify configure limit and attachment point per layerHigh
TREATY-LAYERS-TC-003Verify configure rate per layerHigh
TREATY-LAYERS-TC-004Verify assign reinsurers to layers with participation %High
TREATY-LAYERS-TC-005Verify layer overlap validationHigh
TREATY-LAYERS-TC-006Verify unlimited layer supportMedium

4.3 Ft Reins Reinsurer Panel​

4.3.1 Priority​

Must Have

4.3.2 User Story​

As a reinsurance manager, I want to manage panel of reinsurers with participation shares so that I can track who participates in each treaty

4.3.3 Preconditions​

Treaty created, reinsurers exist in master data

4.3.4 Postconditions​

Reinsurer panel configured with participation shares summing to 100%

4.3.5 Test Cases​

IdDescriptionWeight
REINSURER-PANEL-TC-001Verify add reinsurers to treatyHigh
REINSURER-PANEL-TC-002Verify assign participation % per reinsurerHigh
REINSURER-PANEL-TC-003Verify validate total participation = 100%High
REINSURER-PANEL-TC-004Verify designate lead reinsurerMedium
REINSURER-PANEL-TC-005Verify display reinsurer details (name, rating, contact)Medium
REINSURER-PANEL-TC-006Verify support multiple reinsurers per treatyHigh

4.4 Ft Reins Treaty Amendments​

4.4.1 Priority​

Must Have

4.4.2 User Story​

As a reinsurance manager, I want to amend existing treaties without creating duplicates so that I can maintain accurate treaty history

4.4.3 Preconditions​

Treaty exists, user has amendment permissions

4.4.4 Postconditions​

Treaty amended, version history maintained, audit trail logged

4.4.5 Test Cases​

IdDescriptionWeight
TREATY-AMENDMENTS-TC-001Verify amendment types supported (limit, participation, rate, term)High
TREATY-AMENDMENTS-TC-002Verify capture amendment effective dateHigh
TREATY-AMENDMENTS-TC-003Verify maintain version historyHigh
TREATY-AMENDMENTS-TC-004Verify display before/after comparisonMedium
TREATY-AMENDMENTS-TC-005Verify audit trail of amendmentsHigh
TREATY-AMENDMENTS-TC-006Verify approval workflow for amendmentsMedium

4.5 Ft Reins Treaty Renewal​

4.5.1 Priority​

Must Have

4.5.2 User Story​

As a reinsurance manager, I want to manage treaty renewals with workflow so that I can ensure timely renewal and avoid coverage gaps

4.5.3 Preconditions​

Treaty approaching expiry, user has renewal permissions

4.5.4 Postconditions​

Renewal initiated, terms compared, new treaty created or existing extended

4.5.5 Test Cases​

IdDescriptionWeight
TREATY-RENEWAL-TC-001Verify alert 90 days before expiryHigh
TREATY-RENEWAL-TC-002Verify track renewal status (pending, in negotiation, renewed, expired)High
TREATY-RENEWAL-TC-003Verify compare renewal vs expiring termsHigh
TREATY-RENEWAL-TC-004Verify support auto-renewal clausesMedium
TREATY-RENEWAL-TC-005Verify create new treaty from renewalHigh
TREATY-RENEWAL-TC-006Verify link renewed treaty to expiring treatyMedium

4.6 Ft Reins Fac Placement​

4.6.1 Priority​

Must Have

4.6.2 User Story​

As an underwriter, I want to place facultative reinsurance for large risks so that I can obtain coverage for risks exceeding treaty capacity

4.6.3 Preconditions​

Large risk identified, user has facultative placement permissions

4.6.4 Postconditions​

Facultative placement initiated, quotes requested, coverage bound

4.6.5 Test Cases​

IdDescriptionWeight
FAC-PLACEMENT-TC-001Verify identify need for facultative (risk exceeds treaty capacity)High
FAC-PLACEMENT-TC-002Verify request quotes from reinsurersHigh
FAC-PLACEMENT-TC-003Verify compare quote offersHigh
FAC-PLACEMENT-TC-004Verify bind coverage with selected reinsurerHigh
FAC-PLACEMENT-TC-005Verify link facultative to underlying policyHigh
FAC-PLACEMENT-TC-006Verify track placement workflow statusHigh

4.7 Ft Reins Fac Quotes​

4.7.1 Priority​

Must Have

4.7.2 User Story​

As an underwriter, I want to request and manage facultative quotes from reinsurers so that I can obtain competitive pricing

4.7.3 Preconditions​

Facultative placement initiated

4.7.4 Postconditions​

Quotes requested, responses received, best offer selected

4.7.5 Test Cases​

IdDescriptionWeight
FAC-QUOTES-TC-001Verify send quote request to multiple reinsurersHigh
FAC-QUOTES-TC-002Verify include risk details in requestHigh
FAC-QUOTES-TC-003Verify track quote responsesHigh
FAC-QUOTES-TC-004Verify compare pricing and termsHigh
FAC-QUOTES-TC-005Verify select best offerHigh
FAC-QUOTES-TC-006Verify send acceptance notificationMedium

4.8 Ft Reins Fac Slips​

4.8.1 Priority​

Must Have

4.8.2 User Story​

As a reinsurance manager, I want to generate and manage facultative slips so that I can formalize facultative placements

4.8.3 Preconditions​

Facultative coverage bound

4.8.4 Postconditions​

Slip generated, signed, tracked

4.8.5 Test Cases​

IdDescriptionWeight
FAC-SLIPS-TC-001Verify generate slip with risk descriptionHigh
FAC-SLIPS-TC-002Verify include coverage limits and termsHigh
FAC-SLIPS-TC-003Verify include reinsurer participationHigh
FAC-SLIPS-TC-004Verify include premium detailsHigh
FAC-SLIPS-TC-005Verify support slip amendmentsMedium
FAC-SLIPS-TC-006Verify track slip status (pending, bound, declined)High

4.9 Ft Reins Fac Tracking​

4.9.1 Priority​

Must Have

4.9.2 User Story​

As a reinsurance manager, I want to track all facultative placements and their status so that I can monitor facultative portfolio

4.9.3 Preconditions​

Facultative placements exist

4.9.4 Postconditions​

Facultative register displayed with all placements and their details

4.9.5 Test Cases​

IdDescriptionWeight
FAC-TRACKING-TC-001Verify display all facultative placementsHigh
FAC-TRACKING-TC-002Verify display linked policiesHigh
FAC-TRACKING-TC-003Verify display reinsurers and participationHigh
FAC-TRACKING-TC-004Verify display coverage periodsHigh
FAC-TRACKING-TC-005Verify display premiums ceded and recoveriesHigh
FAC-TRACKING-TC-006Verify filter by status, reinsurer, periodMedium

4.10 Ft Reins Ceded Calc Proportional​

4.10.1 Priority​

Must Have

4.10.2 User Story​

As a reinsurance analyst, I want to calculate ceded premiums for proportional treaties so that I can determine premium due to reinsurers

4.10.3 Preconditions​

Proportional treaty configured, policies written

4.10.4 Postconditions​

Ceded premiums calculated, commission deducted, amounts by treaty and reinsurer

4.10.5 Test Cases​

IdDescriptionWeight
CEDED-CALC-PROPORTIONAL-TC-001Verify calculation formula (gross premium × cession rate)High
CEDED-CALC-PROPORTIONAL-TC-002Verify support quota share treatiesHigh
CEDED-CALC-PROPORTIONAL-TC-003Verify support surplus treatiesHigh
CEDED-CALC-PROPORTIONAL-TC-004Verify deduct commission from ceded premiumHigh
CEDED-CALC-PROPORTIONAL-TC-005Verify aggregate by treatyHigh
CEDED-CALC-PROPORTIONAL-TC-006Verify split by reinsurer based on participationHigh
CEDED-CALC-PROPORTIONAL-TC-007Verify handle policy-level calculationHigh

4.11 Ft Reins Ceded Calc Nonproportional​

4.11.1 Priority​

Must Have

4.11.2 User Story​

As a reinsurance analyst, I want to calculate ceded premiums for non-proportional treaties so that I can determine premium due for XOL/Cat coverage

4.11.3 Preconditions​

Non-proportional treaty configured, exposure data available

4.11.4 Postconditions​

Ceded premiums calculated using appropriate rating method

4.11.5 Test Cases​

IdDescriptionWeight
CEDED-CALC-NONPROPORTIONAL-TC-001Verify burning cost method supportedHigh
CEDED-CALC-NONPROPORTIONAL-TC-002Verify exposure-based rating supportedHigh
CEDED-CALC-NONPROPORTIONAL-TC-003Verify minimum/deposit premium calculationHigh
CEDED-CALC-NONPROPORTIONAL-TC-004Verify reinstatement premium calculationHigh
CEDED-CALC-NONPROPORTIONAL-TC-005Verify per risk XOL premium calculationHigh
CEDED-CALC-NONPROPORTIONAL-TC-006Verify per occurrence XOL premium calculationHigh
CEDED-CALC-NONPROPORTIONAL-TC-007Verify catastrophe XOL premium calculationHigh

4.12 Ft Reins Ceded Adjustments​

4.12.1 Priority​

Must Have

4.12.2 User Story​

As a reinsurance analyst, I want to process premium adjustments and corrections so that I can correct ceded premium calculations

4.12.3 Preconditions​

Original ceded premium calculated, adjustment needed

4.12.4 Postconditions​

Adjustment processed, ceded premium recalculated, bordereaux updated

4.12.5 Test Cases​

IdDescriptionWeight
CEDED-ADJUSTMENTS-TC-001Verify policy cancellation adjustmentsHigh
CEDED-ADJUSTMENTS-TC-002Verify endorsement adjustmentsHigh
CEDED-ADJUSTMENTS-TC-003Verify premium correction adjustmentsHigh
CEDED-ADJUSTMENTS-TC-004Verify rate change adjustmentsHigh
CEDED-ADJUSTMENTS-TC-005Verify recalculate ceded premiumsHigh
CEDED-ADJUSTMENTS-TC-006Verify generate adjustment bordereauxHigh
CEDED-ADJUSTMENTS-TC-007Verify update reinsurer accountsHigh

4.13 Ft Reins Commission​

4.13.1 Priority​

Must Have

4.13.2 User Story​

As a reinsurance analyst, I want to calculate reinsurance commission so that I can determine net premium payable to reinsurers

4.13.3 Preconditions​

Ceded premium calculated, commission terms configured in treaty

4.13.4 Postconditions​

Commission calculated, deducted from ceded premium, net premium determined

4.13.5 Test Cases​

IdDescriptionWeight
COMMISSION-TC-001Verify flat commission calculationHigh
COMMISSION-TC-002Verify sliding scale commission based on loss ratioHigh
COMMISSION-TC-003Verify profit commission calculationHigh
COMMISSION-TC-004Verify commission deduction from ceded premiumHigh
COMMISSION-TC-005Verify track commission receivableHigh
COMMISSION-TC-006Verify commission by treaty and reinsurerHigh

4.14 Ft Reins Ceded Schedule​

4.14.1 Priority​

Must Have

4.14.2 User Story​

As a reinsurance manager, I want to schedule automatic ceded premium calculations so that I can ensure timely premium processing

4.14.3 Preconditions​

Treaties configured, schedule settings configured

4.14.4 Postconditions​

Ceded premiums calculated automatically, bordereaux generated, accounts updated

4.14.5 Test Cases​

IdDescriptionWeight
CEDED-SCHEDULE-TC-001Verify monthly schedule supportedHigh
CEDED-SCHEDULE-TC-002Verify quarterly schedule supportedHigh
CEDED-SCHEDULE-TC-003Verify auto-calculate based on new/renewed policiesHigh
CEDED-SCHEDULE-TC-004Verify auto-generate bordereauxHigh
CEDED-SCHEDULE-TC-005Verify auto-update reinsurer accountsHigh
CEDED-SCHEDULE-TC-006Verify alert if errors occurHigh

4.15 Ft Reins Recovery Calc​

4.15.1 Priority​

Must Have

4.15.2 User Story​

As a claims manager, I want to calculate reinsurance recoveries for claims so that I can determine amounts recoverable from reinsurers

4.15.3 Preconditions​

Claim settled, applicable treaties identified

4.15.4 Postconditions​

Recovery calculated by treaty and reinsurer, ready for advice

4.15.5 Test Cases​

IdDescriptionWeight
RECOVERY-CALC-TC-001Verify apply treaty retention/limits/layers to gross claimHigh
RECOVERY-CALC-TC-002Verify proportional recovery calculationHigh
RECOVERY-CALC-TC-003Verify non-proportional recovery calculationHigh
RECOVERY-CALC-TC-004Verify split recovery by reinsurer participationHigh
RECOVERY-CALC-TC-005Verify handle multiple applicable treatiesHigh
RECOVERY-CALC-TC-006Verify facultative recovery calculationHigh
RECOVERY-CALC-TC-007Verify recovery calculation audit trailHigh

4.16 Ft Reins Recovery Workflow​

4.16.1 Priority​

Must Have

4.16.2 User Story​

As a claims manager, I want to process recovery workflow from claim notification to collection so that I can efficiently recover from reinsurers

4.16.3 Preconditions​

Claim settled, recovery calculated

4.16.4 Postconditions​

Recovery workflow tracked from advice to payment receipt

4.16.5 Test Cases​

IdDescriptionWeight
RECOVERY-WORKFLOW-TC-001Verify workflow stages (calculated, advised, confirmed, received)High
RECOVERY-WORKFLOW-TC-002Verify track recovery statusHigh
RECOVERY-WORKFLOW-TC-003Verify aging analysis of outstanding recoveriesHigh
RECOVERY-WORKFLOW-TC-004Verify follow-up reminders for overdue recoveriesHigh
RECOVERY-WORKFLOW-TC-005Verify escalation for long-outstanding recoveriesMedium
RECOVERY-WORKFLOW-TC-006Verify workflow completion on payment receiptHigh

4.17 Ft Reins Recovery Advice​

4.17.1 Priority​

Must Have

4.17.2 User Story​

As a reinsurance analyst, I want to generate recovery advice notices to reinsurers so that I can formally notify reinsurers of recoveries due

4.17.3 Preconditions​

Recovery calculated and approved

4.17.4 Postconditions​

Recovery advice generated and sent to reinsurer

4.17.5 Test Cases​

IdDescriptionWeight
RECOVERY-ADVICE-TC-001Verify include claim details in adviceHigh
RECOVERY-ADVICE-TC-002Verify include policy detailsHigh
RECOVERY-ADVICE-TC-003Verify include treaty referenceHigh
RECOVERY-ADVICE-TC-004Verify include recovery calculation breakdownHigh
RECOVERY-ADVICE-TC-005Verify include payment instructionsHigh
RECOVERY-ADVICE-TC-006Verify send via emailHigh
RECOVERY-ADVICE-TC-007Verify track acknowledgementMedium

4.18 Ft Reins Recovery Disputes​

4.18.1 Priority​

Must Have

4.18.2 User Story​

As a reinsurance manager, I want to manage recovery disputes with reinsurers so that I can resolve disagreements and collect amounts due

4.18.3 Preconditions​

Recovery advised, reinsurer disputes amount

4.18.4 Postconditions​

Dispute tracked, resolved, recovery adjusted if necessary

4.18.5 Test Cases​

IdDescriptionWeight
RECOVERY-DISPUTES-TC-001Verify record dispute detailsHigh
RECOVERY-DISPUTES-TC-002Verify capture dispute reasonHigh
RECOVERY-DISPUTES-TC-003Verify attach supporting documentationHigh
RECOVERY-DISPUTES-TC-004Verify track dispute resolution statusHigh
RECOVERY-DISPUTES-TC-005Verify adjust recovery amount if resolution requiresHigh
RECOVERY-DISPUTES-TC-006Verify dispute resolution audit trailHigh

4.19 Ft Reins Recovery Payment​

4.19.1 Priority​

Must Have

4.19.2 User Story​

As a reinsurance analyst, I want to record recovery payments received from reinsurers so that I can reconcile reinsurer accounts

4.19.3 Preconditions​

Recovery advised, payment received

4.19.4 Postconditions​

Payment recorded, allocated to recoveries, reinsurer account updated

4.19.5 Test Cases​

IdDescriptionWeight
RECOVERY-PAYMENT-TC-001Verify record payment amountHigh
RECOVERY-PAYMENT-TC-002Verify record payment dateHigh
RECOVERY-PAYMENT-TC-003Verify record bank detailsMedium
RECOVERY-PAYMENT-TC-004Verify allocate payment to specific recoveriesHigh
RECOVERY-PAYMENT-TC-005Verify update reinsurer account balanceHigh
RECOVERY-PAYMENT-TC-006Verify integrate with finance moduleHigh
RECOVERY-PAYMENT-TC-007Verify handle partial paymentsHigh

4.20 Ft Reins Bordeaux Premium​

4.20.1 Priority​

Must Have

4.20.2 User Story​

As a reinsurance analyst, I want to generate premium bordereaux for reinsurers so that I can provide detailed premium statements

4.20.3 Preconditions​

Ceded premiums calculated for period

4.20.4 Postconditions​

Premium bordereaux generated and exported

4.20.5 Test Cases​

IdDescriptionWeight
BORDEAUX-PREMIUM-TC-001Verify list of policies cededHigh
BORDEAUX-PREMIUM-TC-002Verify show gross premiumHigh
BORDEAUX-PREMIUM-TC-003Verify show ceded premiumHigh
BORDEAUX-PREMIUM-TC-004Verify show commissionHigh
BORDEAUX-PREMIUM-TC-005Verify show net premiumHigh
BORDEAUX-PREMIUM-TC-006Verify filter by treaty, reinsurer, periodHigh
BORDEAUX-PREMIUM-TC-007Verify export to Excel/PDFHigh

4.21 Ft Reins Bordeaux Claims​

4.21.1 Priority​

Must Have

4.21.2 User Story​

As a reinsurance analyst, I want to generate claims bordereaux for reinsurers so that I can provide detailed claims information

4.21.3 Preconditions​

Claims with recoveries exist for period

4.21.4 Postconditions​

Claims bordereaux generated and exported

4.21.5 Test Cases​

IdDescriptionWeight
BORDEAUX-CLAIMS-TC-001Verify list of claimsHigh
BORDEAUX-CLAIMS-TC-002Verify show policy referenceHigh
BORDEAUX-CLAIMS-TC-003Verify show loss dateHigh
BORDEAUX-CLAIMS-TC-004Verify show gross claim amountHigh
BORDEAUX-CLAIMS-TC-005Verify show recovery amountHigh
BORDEAUX-CLAIMS-TC-006Verify show claim statusHigh
BORDEAUX-CLAIMS-TC-007Verify filter by treaty, reinsurer, periodHigh

4.22 Ft Reins Bordeaux Cash​

4.22.1 Priority​

Must Have

4.22.2 User Story​

As a reinsurance analyst, I want to generate cash account bordereaux so that I can reconcile reinsurer cash accounts

4.22.3 Preconditions​

Reinsurer transactions exist for period

4.22.4 Postconditions​

Cash bordereaux generated showing account movements

4.22.5 Test Cases​

IdDescriptionWeight
BORDEAUX-CASH-TC-001Verify show opening balanceHigh
BORDEAUX-CASH-TC-002Verify show premiums cededHigh
BORDEAUX-CASH-TC-003Verify show recoveries receivedHigh
BORDEAUX-CASH-TC-004Verify show payments madeHigh
BORDEAUX-CASH-TC-005Verify show closing balanceHigh
BORDEAUX-CASH-TC-006Verify filter by reinsurer, periodHigh
BORDEAUX-CASH-TC-007Verify include aging analysisMedium

4.23 Ft Reins Bordeaux Templates​

4.23.1 Priority​

Must Have

4.23.2 User Story​

As a reinsurance manager, I want to customize bordereaux templates per reinsurer requirements so that I can meet specific reinsurer reporting needs

4.23.3 Preconditions​

Bordereaux types defined, user has template management permissions

4.23.4 Postconditions​

Custom templates configured and available for use

4.23.5 Test Cases​

IdDescriptionWeight
BORDEAUX-TEMPLATES-TC-001Verify configure column selectionHigh
BORDEAUX-TEMPLATES-TC-002Verify configure data fieldsHigh
BORDEAUX-TEMPLATES-TC-003Verify configure formats (Excel, PDF, CSV)High
BORDEAUX-TEMPLATES-TC-004Verify add company logosMedium
BORDEAUX-TEMPLATES-TC-005Verify support multiple templates per bordereaux typeHigh
BORDEAUX-TEMPLATES-TC-006Verify preview before generationHigh

4.24 Ft Reins Bordeaux Schedule​

4.24.1 Priority​

Must Have

4.24.2 User Story​

As a reinsurance manager, I want to schedule automatic bordereaux generation and distribution so that I can ensure timely reporting to reinsurers

4.24.3 Preconditions​

Bordereaux templates configured, reinsurer email addresses configured

4.24.4 Postconditions​

Bordereaux generated and distributed automatically per schedule

4.24.5 Test Cases​

IdDescriptionWeight
BORDEAUX-SCHEDULE-TC-001Verify monthly schedule supportedHigh
BORDEAUX-SCHEDULE-TC-002Verify quarterly schedule supportedHigh
BORDEAUX-SCHEDULE-TC-003Verify auto-generate bordereauxHigh
BORDEAUX-SCHEDULE-TC-004Verify auto-email to reinsurersHigh
BORDEAUX-SCHEDULE-TC-005Verify archive generated bordereauxHigh
BORDEAUX-SCHEDULE-TC-006Verify track delivery statusHigh
BORDEAUX-SCHEDULE-TC-007Verify retry on delivery failureMedium

4.25 Ft Reins Settlement Account​

4.25.1 Priority​

Must Have

4.25.2 User Story​

As a reinsurance analyst, I want to maintain reinsurer account balances so that I can track amounts owed to/from reinsurers

4.25.3 Preconditions​

Reinsurer transactions exist

4.25.4 Postconditions​

Reinsurer account balances maintained and up-to-date

4.25.5 Test Cases​

IdDescriptionWeight
SETTLEMENT-ACCOUNT-TC-001Verify track ceded premiums (payable)High
SETTLEMENT-ACCOUNT-TC-002Verify track recoveries (receivable)High
SETTLEMENT-ACCOUNT-TC-003Verify track payments madeHigh
SETTLEMENT-ACCOUNT-TC-004Verify track payments receivedHigh
SETTLEMENT-ACCOUNT-TC-005Verify calculate net balance per reinsurerHigh
SETTLEMENT-ACCOUNT-TC-006Verify aging analysis of balancesHigh

4.26 Ft Reins Settlement Netting​

4.26.1 Priority​

Must Have

4.26.2 User Story​

As a reinsurance analyst, I want to net premiums and recoveries for settlement so that I can minimize cash movements with reinsurers

4.26.3 Preconditions​

Reinsurer account has both payables and receivables

4.26.4 Postconditions​

Net settlement calculated and settlement statement generated

4.26.5 Test Cases​

IdDescriptionWeight
SETTLEMENT-NETTING-TC-001Verify calculate net amount (premiums - recoveries - commission)High
SETTLEMENT-NETTING-TC-002Verify generate settlement statementHigh
SETTLEMENT-NETTING-TC-003Verify approval workflow for settlementHigh
SETTLEMENT-NETTING-TC-004Verify process payment/receipt based on net positionHigh
SETTLEMENT-NETTING-TC-005Verify settlement period configurationMedium
SETTLEMENT-NETTING-TC-006Verify settlement statement exportMedium

4.27 Ft Reins Settlement Payment​

4.27.1 Priority​

Must Have

4.27.2 User Story​

As a finance officer, I want to process settlement payments to reinsurers so that I can pay net amounts due

4.27.3 Preconditions​

Net settlement approved, payable to reinsurer

4.27.4 Postconditions​

Payment processed, reinsurer account updated, integrated with finance

4.27.5 Test Cases​

IdDescriptionWeight
SETTLEMENT-PAYMENT-TC-001Verify generate payment voucherHigh
SETTLEMENT-PAYMENT-TC-002Verify integrate with finance moduleHigh
SETTLEMENT-PAYMENT-TC-003Verify record paymentHigh
SETTLEMENT-PAYMENT-TC-004Verify update reinsurer accountHigh
SETTLEMENT-PAYMENT-TC-005Verify support multi-currency settlementsHigh
SETTLEMENT-PAYMENT-TC-006Verify payment confirmation to reinsurerMedium

4.28 Ft Reins Settlement Receipt​

4.28.1 Priority​

Must Have

4.28.2 User Story​

As a finance officer, I want to record settlement receipts from reinsurers so that I can track payments received

4.28.3 Preconditions​

Net settlement approved, receivable from reinsurer, payment received

4.28.4 Postconditions​

Receipt recorded, allocated, account updated, integrated with finance

4.28.5 Test Cases​

IdDescriptionWeight
SETTLEMENT-RECEIPT-TC-001Verify record receipt amountHigh
SETTLEMENT-RECEIPT-TC-002Verify record receipt dateHigh
SETTLEMENT-RECEIPT-TC-003Verify record bank detailsMedium
SETTLEMENT-RECEIPT-TC-004Verify allocate to reinsurer accountHigh
SETTLEMENT-RECEIPT-TC-005Verify update account balanceHigh
SETTLEMENT-RECEIPT-TC-006Verify integrate with finance moduleHigh

4.29 Ft Reins Settlement Reconciliation​

4.29.1 Priority​

Must Have

4.29.2 User Story​

As a reinsurance analyst, I want to reconcile reinsurer accounts periodically so that I can ensure account accuracy

4.29.3 Preconditions​

Reinsurer account active, reinsurer statement received

4.29.4 Postconditions​

Accounts reconciled, discrepancies identified and resolved

4.29.5 Test Cases​

IdDescriptionWeight
SETTLEMENT-RECONCILIATION-TC-001Verify compare our records vs reinsurer statementsHigh
SETTLEMENT-RECONCILIATION-TC-002Verify identify discrepanciesHigh
SETTLEMENT-RECONCILIATION-TC-003Verify investigate differencesHigh
SETTLEMENT-RECONCILIATION-TC-004Verify adjust accounts as neededHigh
SETTLEMENT-RECONCILIATION-TC-005Verify obtain reinsurer confirmationHigh
SETTLEMENT-RECONCILIATION-TC-006Verify reconciliation report generationMedium

4.30 Ft Reins Analytics Cession​

4.30.1 Priority​

Must Have

4.30.2 User Story​

As a reinsurance manager, I want to analyze cession rates and trends so that I can optimize reinsurance utilization

4.30.3 Preconditions​

Ceded premium data available

4.30.4 Postconditions​

Cession analysis report generated with insights

4.30.5 Test Cases​

IdDescriptionWeight
ANALYTICS-CESSION-TC-001Verify cession rate by productHigh
ANALYTICS-CESSION-TC-002Verify cession rate by regionHigh
ANALYTICS-CESSION-TC-003Verify cession rate by periodHigh
ANALYTICS-CESSION-TC-004Verify gross vs net premium comparisonHigh
ANALYTICS-CESSION-TC-005Verify retention ratio calculationHigh
ANALYTICS-CESSION-TC-006Verify trends over time analysisHigh
ANALYTICS-CESSION-TC-007Verify identify under/over-utilizationMedium

4.31 Ft Reins Analytics Recovery​

4.31.1 Priority​

Must Have

4.31.2 User Story​

As a reinsurance manager, I want to analyze recovery rates and performance so that I can assess reinsurance effectiveness

4.31.3 Preconditions​

Recovery data available

4.31.4 Postconditions​

Recovery analysis report generated with performance metrics

4.31.5 Test Cases​

IdDescriptionWeight
ANALYTICS-RECOVERY-TC-001Verify gross claims vs recoveries comparisonHigh
ANALYTICS-RECOVERY-TC-002Verify recovery ratio by treatyHigh
ANALYTICS-RECOVERY-TC-003Verify recovery by reinsurer analysisHigh
ANALYTICS-RECOVERY-TC-004Verify large loss recoveries trackingHigh
ANALYTICS-RECOVERY-TC-005Verify catastrophe recoveries analysisHigh
ANALYTICS-RECOVERY-TC-006Verify recovery collection efficiencyMedium

4.32 Ft Reins Analytics Cost​

4.32.1 Priority​

Must Have

4.32.2 User Story​

As a CFO, I want to analyze reinsurance cost vs benefit so that I can evaluate reinsurance program ROI

4.32.3 Preconditions​

Ceded premium and recovery data available

4.32.4 Postconditions​

Cost-benefit analysis report generated with ROI metrics

4.32.5 Test Cases​

IdDescriptionWeight
ANALYTICS-COST-TC-001Verify total premiums ceded vs total recoveriesHigh
ANALYTICS-COST-TC-002Verify cost ratio calculationHigh
ANALYTICS-COST-TC-003Verify net benefit calculationHigh
ANALYTICS-COST-TC-004Verify analysis by treaty typeHigh
ANALYTICS-COST-TC-005Verify analysis by yearHigh
ANALYTICS-COST-TC-006Verify compare different program structuresMedium

4.33 Ft Reins Analytics Capacity​

4.33.1 Priority​

Must Have

4.33.2 User Story​

As an underwriting manager, I want to monitor available reinsurance capacity so that I can ensure adequate underwriting capacity

4.33.3 Preconditions​

Treaty limits configured, utilization tracked

4.33.4 Postconditions​

Capacity monitoring dashboard displayed with alerts

4.33.5 Test Cases​

IdDescriptionWeight
ANALYTICS-CAPACITY-TC-001Verify display treaty limitsHigh
ANALYTICS-CAPACITY-TC-002Verify display utilized capacityHigh
ANALYTICS-CAPACITY-TC-003Verify display available capacityHigh
ANALYTICS-CAPACITY-TC-004Verify alert when capacity approaching limitsHigh
ANALYTICS-CAPACITY-TC-005Verify capacity tracking by productHigh
ANALYTICS-CAPACITY-TC-006Verify capacity tracking by regionHigh

4.34 Ft Reins Report Tira​

4.34.1 Priority​

Must Have

4.34.2 User Story​

As a compliance officer, I want to generate TIRA reinsurance regulatory reports so that I can comply with regulatory requirements

4.34.3 Preconditions​

Reinsurance data available, user has compliance role

4.34.4 Postconditions​

TIRA reinsurance report generated in prescribed format

4.34.5 Test Cases​

IdDescriptionWeight
REPORT-TIRA-TC-001Verify reinsurance program summaryHigh
REPORT-TIRA-TC-002Verify ceded premiums reportingHigh
REPORT-TIRA-TC-003Verify recoveries reportingHigh
REPORT-TIRA-TC-004Verify reinsurer details includedHigh
REPORT-TIRA-TC-005Verify treaty terms summaryHigh
REPORT-TIRA-TC-006Verify quarterly returns generationHigh
REPORT-TIRA-TC-007Verify annual returns generationHigh

4.35 Ft Reins Model Structure​

4.35.1 Priority​

Should Have

4.35.2 User Story​

As an actuary, I want to model different reinsurance program structures so that I can optimize reinsurance protection

4.35.3 Preconditions​

Historical claims data available, user has actuarial role

4.35.4 Postconditions​

Program models created, scenarios compared, recommendations generated

4.35.5 Test Cases​

IdDescriptionWeight
MODEL-STRUCTURE-TC-001Verify simulate different treaty combinationsHigh
MODEL-STRUCTURE-TC-002Verify simulate different limits and retentionsHigh
MODEL-STRUCTURE-TC-003Verify analyze impact on net lossHigh
MODEL-STRUCTURE-TC-004Verify analyze impact on capital requirementsHigh
MODEL-STRUCTURE-TC-005Verify analyze ROI by scenarioHigh
MODEL-STRUCTURE-TC-006Verify compare scenarios side-by-sideMedium

4.36 Ft Reins Model Loss​

4.36.1 Priority​

Should Have

4.36.2 User Story​

As an actuary, I want to model loss scenarios and reinsurance impact so that I can assess protection adequacy

4.36.3 Preconditions​

Reinsurance program configured, user has actuarial role

4.36.4 Postconditions​

Loss scenarios modeled, gross and net impact analyzed

4.36.5 Test Cases​

IdDescriptionWeight
MODEL-LOSS-TC-001Verify input hypothetical individual lossesHigh
MODEL-LOSS-TC-002Verify input catastrophe scenariosHigh
MODEL-LOSS-TC-003Verify calculate gross impactHigh
MODEL-LOSS-TC-004Verify calculate net impact after reinsuranceHigh
MODEL-LOSS-TC-005Verify analyze retained riskHigh
MODEL-LOSS-TC-006Verify scenario comparison reportsMedium

4.37 Ft Reins Model Optimization​

4.37.1 Priority​

Should Have

4.37.2 User Story​

As a reinsurance manager, I want to optimize reinsurance program for cost and coverage so that I can achieve best risk transfer at optimal cost

4.37.3 Preconditions​

Multiple program scenarios modeled

4.37.4 Postconditions​

Optimization analysis completed, recommendations provided

4.37.5 Test Cases​

IdDescriptionWeight
MODEL-OPTIMIZATION-TC-001Verify analyze trade-offs between retention, limits, and costHigh
MODEL-OPTIMIZATION-TC-002Verify recommend optimal structure based on risk appetiteHigh
MODEL-OPTIMIZATION-TC-003Verify consider budget constraintsHigh
MODEL-OPTIMIZATION-TC-004Verify consider regulatory requirementsHigh
MODEL-OPTIMIZATION-TC-005Verify sensitivity analysisMedium

4.38 Ft Reins Reinsurer Master​

4.38.1 Priority​

Must Have

4.38.2 User Story​

As a reinsurance manager, I want to maintain reinsurer master data so that I can manage reinsurer information centrally

4.38.3 Preconditions​

User has reinsurer management permissions

4.38.4 Postconditions​

Reinsurer master data maintained and up-to-date

4.38.5 Test Cases​

IdDescriptionWeight
REINSURER-MASTER-TC-001Verify capture reinsurer nameHigh
REINSURER-MASTER-TC-002Verify capture countryHigh
REINSURER-MASTER-TC-003Verify capture ratings (AM Best, S&P, Fitch)High
REINSURER-MASTER-TC-004Verify capture contact detailsHigh
REINSURER-MASTER-TC-005Verify capture payment termsHigh
REINSURER-MASTER-TC-006Verify capture banking detailsHigh
REINSURER-MASTER-TC-007Verify track security status and active/inactiveHigh

4.39 Ft Reins Documents​

4.39.1 Priority​

Must Have

4.39.2 User Story​

As a reinsurance manager, I want to store and manage reinsurance contract documents so that I can maintain treaty documentation

4.39.3 Preconditions​

Treaties exist, user has document management permissions

4.39.4 Postconditions​

Documents uploaded, linked to treaties, searchable

4.39.5 Test Cases​

IdDescriptionWeight
DOCUMENTS-TC-001Verify upload treaty wordingsHigh
DOCUMENTS-TC-002Verify upload slips and amendmentsHigh
DOCUMENTS-TC-003Verify upload bordereaux and correspondenceMedium
DOCUMENTS-TC-004Verify link documents to treatiesHigh
DOCUMENTS-TC-005Verify search documentsHigh
DOCUMENTS-TC-006Verify version control for documentsHigh
DOCUMENTS-TC-007Verify access control for sensitive documentsHigh

4.40 Ft Reins Audit Trail​

4.40.1 Priority​

Must Have

4.40.2 User Story​

As a compliance officer, I want to maintain comprehensive audit trail so that I can track all reinsurance transactions

4.40.3 Preconditions​

Reinsurance transactions occurring

4.40.4 Postconditions​

Audit trail maintained with comprehensive logging

4.40.5 Test Cases​

IdDescriptionWeight
AUDIT-TRAIL-TC-001Verify log treaty setup/amendmentsHigh
AUDIT-TRAIL-TC-002Verify log ceded premium calculationsHigh
AUDIT-TRAIL-TC-003Verify log recoveries processedHigh
AUDIT-TRAIL-TC-004Verify log settlementsHigh
AUDIT-TRAIL-TC-005Verify log bordereaux generationHigh
AUDIT-TRAIL-TC-006Verify capture who, what, when for all transactionsHigh
AUDIT-TRAIL-TC-007Verify 7-year retention periodHigh

4.41 Ft Reins Notifications​

4.41.1 Priority​

Must Have

4.41.2 User Story​

As a reinsurance manager, I want to receive alerts for key reinsurance events so that I can take timely action

4.41.3 Preconditions​

Alert rules configured, user subscribed to notifications

4.41.4 Postconditions​

Alerts sent for key events, users notified

4.41.5 Test Cases​

IdDescriptionWeight
NOTIFICATIONS-TC-001Verify alert for treaty expiring soonHigh
NOTIFICATIONS-TC-002Verify alert for capacity threshold reachedHigh
NOTIFICATIONS-TC-003Verify alert for large losses requiring recoveryHigh
NOTIFICATIONS-TC-004Verify alert for overdue reinsurer paymentsHigh
NOTIFICATIONS-TC-005Verify alert for bordereaux dueMedium
NOTIFICATIONS-TC-006Verify alert for reconciliation discrepanciesHigh
NOTIFICATIONS-TC-007Verify configurable alert thresholdsMedium