Aggregate Stop Loss AmountExcess Of Loss For PortfolioExcess Of Loss Per ClaimQuota Share Per ClaimRetention
| Business Data Model Data Model |
| Description | An agreement between an insurance company and a reinsurer for sharing the risk related to underwritten insurance policies. |
| Attributes | |
| Aggregate Stop Loss Amount |
|
| Excess Of Loss For Portfolio |
|
| Excess Of Loss Per Claim |
|
| Quota Share Per Claim |
|
| Retention |
|
| Generalization | |
 Reinsurance Agreement_Agreement_Gen |
|
| Dependencies | |
 NONE |
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| Reverse Dependencies | |
| |
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| Attribute Details |
Aggregate Stop Loss Amount
| Description | The maximum amount that the healthcare insurer will pay before reinsurance comes into effect for a group of cases. |
| Data Type | Standards - Data Domains.ddm/Data Domains/Currency Amount [DECIMAL(14,2)] |
| Is Part Of PrimaryKey | false |
| Is Required | false |
| Is Derived | false |
| Is Surrogate Key | false |
Excess Of Loss For Portfolio
| Description | The first part of the total amount of claims (in a specified time period) resulting from the portfolio covered by this reinsurance treaty; this part is not reinsured. |
| Data Type | Standards - Data Domains.ddm/Data Domains/Currency Amount [DECIMAL(14,2)] |
| Is Part Of PrimaryKey | false |
| Is Required | false |
| Is Derived | false |
| Is Surrogate Key | false |
Excess Of Loss Per Claim
| Description | The first part of any individual claim an insurance company is held to pay that is not covered by the reinsurer for the reinsurance agreement. The excess of loss amount can be thought of as a deductible amount from the point of view of the reinsurer. |
| Data Type | Standards - Data Domains.ddm/Data Domains/Currency Amount [DECIMAL(14,2)] |
| Is Part Of PrimaryKey | false |
| Is Required | false |
| Is Derived | false |
| Is Surrogate Key | false |
Quota Share Per Claim
| Description | The fixed percentage per claim that will be paid by the reinsurer based on this reinsurance agreement. |
| Data Type | Standards - Data Domains.ddm/Data Domains/Percentage [FLOAT(2)] |
| Is Part Of PrimaryKey | false |
| Is Required | false |
| Is Derived | false |
| Is Surrogate Key | false |
Retention
| Description | The exposure to risk that the insurance company wants to retain for itself as defined in the reinsurance agreement. Only the covered excess is reinsured. |
| Data Type | Standards - Data Domains.ddm/Data Domains/Currency Amount [DECIMAL(14,2)] |
| Is Part Of PrimaryKey | false |
| Is Required | false |
| Is Derived | false |
| Is Surrogate Key | false |
| Generalization Details |
Reinsurance Agreement_Agreement_Gen
| Supertype | Agreement |
| Subtype | Reinsurance Agreement |
| Transform As | TABLE |
| Business Data Model Data Model |