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 Settings for Coinsurer

Use

You define settings for the coinsurer, using those that identify the coinsurance shares from coinsurance-relevant premiums/claims, and costs for premiums/claims from policyholders that can be posted to the coinsurer.

These settings are represented by the coinsurance key. You can find out how to transfer the coinsurance key, under Posting Premiums, Claims and Costs .

Prerequisites

  • You have created the coinsurer as a business partner with (at least) one contract account and an insurance object for premium shares, and an insurance object for claim shares. You can also use the same insurance object.

    Note Note

    For insurance objects that you create for a coinsurer, use insurance object categories that you have assigned to the Insurance Contract internal insurance object category (10).

    End of the note.

  • In order to process costs that occur for the leading company, you have created a costs contract for premiums (insurance object) and a costs contract for claims for each coinsurer.

    Note Note

    The costs contracts for premiums and claims must be different (unique), as the system uses these specifications to identify the relevant posting settings when posting costs.

    End of the note.

  • If necessary, you have created specific G/L and reconciliation accounts for the coinsurer.

  • If you do not actually transfer the coinsurance key to Collections/Disbursements, you have at least created a DDIC structure that contains some of the fields for the FKKOPK structure (such as the HKONTfield, or a specific customer field). To do this from the SAP Easy Access screen, choose Start of the navigation path Tools Next navigation step ABAP Workbench Next navigation step Development Next navigation step Dictionary End of the navigation path .

    You can use the same DDIC structure for premium and claim shares.

  • You have made the Customizing settings for coinsurance. You can find the required activities in the Implementation Guide for Collections/Disbursements , under Start of the navigation path Business Transactions Next navigation step Coinsurance End of the navigation path .

Activities

To display the settings for the coinsurer, choose Start of the navigation path Periodic Processing Next navigation step For Contract Accounts and Insurance Objects Next navigation step Coinsurance Next navigation step Settings for Posting and Identifying Coinsurance Shares End of the navigation path in the Collections/Disbursements menu.

This takes you to the initial screen for entering the specifications for the coinsurer.

  • For each coinsurer, create a coinsurance keyand a name.

    The coinsurance key is a unique ID for a coinsurer. When posting coinsurance shares and the coinsurance history, you can select using this key.

  • In the detailed screen for a coinsurer in the Activity Data area, you define the date from which postings are to take place to the coinsurer, for coinsurance shares and costs, and that the coinsurer is active. This setting is valid for the posting date of the document.

  • If the coinsurance shares for premiums and/or claims are to be posted with the debit procedure, set the Debit Procedure for Premiums and/or Debit Procedure for Claims flag(s), in the Specifications for Procedure area.

    For the debit procedure, the entire coinsurance share is immediately marked for posting coinsurance shares, when posting the coinsurance-relevant document, and is posted to the coinsurer in the next posting run. If you do not set the flag, the shares are only posted after (partial) clearing for the coinsurance-relevant document (credit procedure).

    Note Note

    If you want to define for a coinsurer that the coinsurance shares for a category (premiums or claims) can be posted using the debit or the credit procedure (depending on the line of business, for example), you must create 2 coinsurance keys for the business partner. The insurance objects for premiums/claims can be the same for both coinsurance keys.

    End of the note.

  • Define the master data for the coinsurer and a target company code for the posting of coinsurance shares.

  • Define the DDIC structure(s) for premiums and claims. To select values for these fields, choose Maintain .

    Note Note

    If you do not transfer the coinsurance key directly to Collections/Disbursements, this assignment is necessary to identify the coinsurance key using the G/L items. If you use the same structure for premiums and claims, you have to select different field values for premiums and claims.

    End of the note.

  • Define the reconciliation and G/L accounts to which the offsetting posting is to be made for the coinsurance shares for claims and premiums.

  • Define the reconciliation accounts for transfer posting costs for premium and claim shares.