The Design And Implementation Of Reinsurance System Fot The Life Insurance Corporation

With the multi-development of financial products, the business of reinsurance has been developing rapidly these years, the life insurance is growing exponentially especially. When the company and individuals buy the products, they are the policy-holders as the insurance company is the insurer. Reinsurance is insurance that ceding company have a deal with the specified reinsurer of its underwriting insurance business base on some agreement and conditions. As for the life insurance company, the business of reinsurance has played an important role in the insurance company to control risk, improve the financial stability and enlarge accept insurance capacity and traffic. The domestic insurance companies process simply the reinsurance businesses with grid tool. But it is difficult to process the various business with the grid tool due to its poor efficiency, inconvenience and non-automated. Therefore, it is the best choice to develop the reinsurance system for reinsurers. The reinsurance system as an electronic system provides a fast, concentrated and automated tool to implement the process of reinsurance business. In order to change the traditional model and improve the efficient and accuracy of processing the reinsurance business, more and more reinsurers have actively developed the reinsurance system which based on their own characteristics.According to the analysis for a life insurance corporation, this paper systematically studies the implementation scheme which contains the business application and the principal techniques. The paper introduces the background of the project and the current research situation at the first. Then, after investigated the characteristics and target, the author expounds deeply the function of business requirements, such as contract management, product management, application data management, reinsurance calculation, reinsurance data management, bill and accounting document management. Meanwhile, the author introduces the nonfunctional requirements like operation interface, stability and security of the system. Under the guidance of software engineering and UML design patterns, we discuss the structure design, functional design, such as contract management, product management, application data management, reinsurance calculation, reinsurance data management, bill and accounting document management, and eventually implement the system function of reinsurance business with J2EE.The system has been successfully on-line after more than eight months of development. When processing the business, the reinsurer preset the information like contract, product into the system. Then the system receive automatically the lately policy from the underwriting insurance system every day. After matching the reinsurance contract, the system calls the calculation model to calculate the reinsurance data. Also, the system generates the monthly, quarterly and annual bill according with the contract. The system improves the processing speed of reinsurance business and the timeliness and accuracy of data calculation.Because of the urgency of development period, the introduced function has implemented. The configuration is inflexible which needs to be configured manually in the contract management. Therefore, the system needs to further optimize after a period of running.