Once the Research has been created, you can start to add Ceding Schemes to the research. See articles on how to create switching research - Switching - Creating through the homepage, Switching - Creating in the research tab or Switching - Creating within a client record.
To add a Ceding scheme, click + Add Ceding Scheme:
If you know the Maturity value of the scheme, leave the tick below active. If not, disable:
If disabled, this will grey out the maturity value fields in the Projections area further down the screen.
Complete details of the ceding scheme:
Please note - Ensure the transfer field is completed, this will be used when adding the target scheme.
If there are any Cost & Charges, click +Add New
Enter details of the charge and Save
Additional charges can be added through the +Add New button.
Enter the Growth Rates & Maturity Values and Calculate:
The Reduction in Yield and the Adjusted Maturity Value will be calculated:
The details of the ceding scheme are complete. Save
This will populate the ceding scheme, including the consolidated scheme area.
Additional schemes can be added through the +Add Ceding Scheme button:
When multiple schemes are added, the consolidated scheme area will update with combined values:
For further information on Switch research, see article Switching - Add Target Scheme
