Data Quality Drives Reinsurance Access

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
Data Quality,
Insurance,
Reinsurance
Source:
Transamerica Occidental Life Insurance Company

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Overview: This article explains how data quality in reporting of reinsurance transactions is emerging as an increasingly important issue in the exception and administration of reinsurance treaties. There are several drivers for the heightened requirement for data quality including reserve credit capacity, new oversight rules, and performance management requirements. It would provide clients with access to more reinsurance options as well as quicker consultative feedback on the performance of reinsured business.

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