Premium Recognition Pattern And Risk Adjustment Factor
(Doc ID 2920343.1)
Last updated on JANUARY 16, 2023
Applies to:Oracle Insurance Accounting Analyzer - Version 8.0.6 and later
Information in this document applies to any platform.
After Modifying PAA_DEFAULT_TEMPLATE for "Insurance Revenue". The default template is taking "Earned Premium Reporting Period", it was changed it to use "Premium Recognition Pattern". Its been changed to "Actual Gross Written Premium * Premium Recognition Pattern". Populated "Premium Recognition Pattern" and in Liability Calculation Assumption Pane selected the pattern. But in the reports the Insurance Revenue is coming as zero. Verified that Actual Gross Written Premium in Reporting Period is having amount but the "Premium Recognition Pattern" macro is coming as zero.
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