PartnerRe the Bermuda-based global property and casualty reinsurer has signed a five-year, worldwide license agreement for CSC's reinsurance administration software, SICS/nt. The firm plans to implement the CSC application on more than 800 desktops at locations around the world, including Bermuda, New York, Paris, Toronto and Zurich.
PartnerRe is one of the first CSC client companies to license both the property and casualty (P&C) and life reinsurance modules of SICS/nt. The package supports underwriting, claims, cash and technical accounting, retrocession, and portfolio analysis/risk accumulation management