Calculation of liabilities, including AC116 calculations with regard to medical aid subsidies
Restructuring of medical aid subsidy liabilities
Contribution table calculations
Calculations with regard to the pre-funding of liabilities. More Details »
A clause which provides, if mutually agreed by the parties, for the estimation and complete discharge of payment to the ceding company by the reinsurer of all future obligations or reinsurance loss or losses incurred, regardless of the continuing nature of certain losses. This clause is utilised mostly in non-proportional liability reinsurance treaties.