Object frameworks for reinsurance

Details Object frameworks for reinsurance Object frameworks for reinsurance

G - Physics

06

F

G06F 9/44 (2006.01)

Patent

CA 2380197

An improved method and system for developing a reinsurance administration system. Developers may build application programs for reinsurance administration with increased re-use of existing functionality and decreased development time. A business process framework may include common functionality for a plurality of business processes and a template for executing steps in the business processes. The business processes may be combined to build one or more application programs. A multi-dimensional reinsurance contract framework may permit the handling of various dimensions of a reinsurance contract such as handling different versions of the reinsurance contract (e.g., yearly periods), handling multi-level specialization hierarchy (e.g., different conditions for different sections of the reinsurance contract, handling the charge of conditions within a period, and processing inheritance of contract structure and conditions from an abstract or master reissue contract. An object-oriented condition component framework may represent a condition dimension of a reinsurance contract. The condition component framework may permit the addition and/or modification of condition components of the reinsurance contract.

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