SAP ABAP IMG Activity SIMG_CMS_INS_STLTYP (Define Insurance Settlement Types)
Hierarchy
☛EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services ⤷FS-CMS-MD (Application Component) Master Data ⤷CMS_OMS_COMMON (Package) Collateral Management: Common Services for Object Systems
Hypertext: Object Class - Class to which a document belongs.
Document Name
SIMG_CMS_INS_STLTYP
Use
In this IMG activity, you can define the settlement types that you can use for determining how to maintain the information on the cover market . For example, you can determine if the cover market information must be maintained for each insurance once or within the insurance per insurer (per syndicate).
Some possible insurance settlement types are:
Portfolio cover - Covered by a set of different investments that could be in different countries.
Separate cover - An additional cover done by the insurance company for this specific insurance agreement.
Third party cover - Cover for this insurance agreement is made in a country different from the normal business country of the insurer.