Description |
Change Point In Duration |
Type : Integer |
Definition |
The reinsurance cession duration at the time the transaction took place. In the case of a termination, the change duration may not be the same as the policy duration. If a policy lapses on the first anniversary but the second year reinsurance premiums have already been paid, the change duration will be 01, indicating a first year lapse, but the policy duration will be 02, indicating that the premiums being recovered are second year premiums. |
Parents |
ReinsuranceInfo |