Migration of cedent figures

In addition to other items, expected damaging events or claims payments play an important role for accounting in the reinsurance business. In general, these can only be estimated. The existing assessment system for determining these balance-sheet-relevant figures is to be replaced by a new assessment system. In order to ensure that the new assessment system is reliable, the legacy and new systems are to be operated in parallel before the planned replacement. One requirement for this parallel operation is to transfer the settlement of cedents (= primary insurers) from the legacy system to the new system, so that they can form the basis for estimating balance-sheet-relevant damages.