TCS BaNCS Reinsurance is a comprehensive reinsurance solution which supports both ceded and assumed reinsurance. It can support reinsurance across P&C, L&P and Health insurance lines. The solution comes with a host of industry-standard processes, best practices and is highly configurable and intuitive for business users.The solution helps the customer to refine their reinsurance placement, pricing capabilities and operational efficiencies. It can manage a wide range of complex reinsurance contracts involving multiple ceding criteria and multilayered, risk parameter driven placement structures across proportional and non-proportional treaty and facultative products.

TCS BaNCS Reinsurance supports automation and tracking of multi-treaty and facultaive cessions, retained risk exposure, excess/unplaced risk, complex multi-parametric risk accumulation, catastrphic exposures, claim recoveries and year end premium and commission adjustments. TCS BaNCS Reinsurance empowers the business to achieve the next level in operational efficiency and drive accuracy, transparency, auditability and allows the insurers/ reinsurers to be in control of their accounting, billing, cash-flows and regulatory reporting.

TCS BaNCS Reinsurance was first implemented in 2003 and currently has a global customer footprint at 35 companies globally. It has a multi-lingual user interface and supports multi-currency accounting and billing for international business needs. Backed by a rapid deployment model that seamlessly integrates into a pre-existing business model, irrespective of the size and complexity of operations, the solution provides unparalleled flexibility and scalability..