For reinsurers

Check every cession against your treaty, the day it arrives.

Your carriers' cession reports go in as they arrive. Every row is recomputed from your confirmed terms, and every difference is flagged with the clause behind it.

See the check Discuss treaties

The quarter today

Reports in every layout. Each carrier sends its cession bordereau in its own format, language and units.
Checked by sampling. Few rows are recomputed against the treaty, so a wrong share or a commission an addendum removed surfaces late.
Recoveries matched by hand. A paid loss with no recovery on the report waits until someone notices it.

With Cork, every row is recomputed from your terms the day the report arrives, and every difference names its clause.

The check

Every row recomputed from your terms.

01 The report, as the carrier sent it

02 Contract found

03 Each row recomputed from your terms

04 A query drafted from the differences

05 The account, agreed on one statement

XLSX

Q2-cessions-NGM.xlsxPremium cession bordereau

PremiumClaimsAccount

CSV

Q2-sinistres.csvClaims · headings in French

XLSX

Technical account · Q2Amounts in TEUR

Contract found · from the reference on the cover sheet QS-WH-FLOOD-2026

CarrierNorthgate Mutual

Your lineAtlas Re · 40%

RowReportedYour termsCheck

HUA-2026-0007Ceded premium16,00016,000

HUA-WH-0201Ceded premium12,60012,000Share 42% · line 40%

HUA-WH-0202Commission27.5%25.0%Addendum 1

HUA-2026-0005Earthquake · ceded premium360—Excluded peril · Cl. 3

Claim HUA-2026-0007Ceded paid—40,000Missing recovery

1 agreed4 differences

Query to Northgate MutualDrafted from 4 differences

1. HUA-WH-0201: share stated 42%, your line is 40% (Schedule). Ceded premium is 12,000.

2. HUA-WH-0202: Addendum 1 sets commission at 25% from 1 April.

3. HUA-2026-0005: earthquake is outside the treaty's scope (Cl. 3).

4. Claim HUA-2026-0007: paid 100,000 with no ceded paid. Your share is 40,000.

Export for the carrier

Statement · Northgate MutualYour side · entries through 30 June

Ceded premium owed to you40,000 × 40%+ 16,000

Recovery you owe · HUA-2026-0007100,000 × 40%− 40,000

You oweUSD 24,000

Issued by Northgate MutualSigned by you · same entries on both sides

1 · Terms you verify once

Every term traced to its clause

Upload your treaty documents: wording, slip and addenda. Every term of your share is pulled out and linked to the clause it came from.

Agree with the terms, or flag the one you disagree with and say why. If the carrier fixes it, your past figures are updated too.

01 Your line, read from the treaty

02 One term disputed, with a reason

03 Corrected, and the booked business restated

Your line · QS-WH-FLOOD-2026Northgate Mutual · confirmed by your team

Your share40%Schedule

ScopeWarehouse · floodCl. 3

Period2026 risks attachingCl. 2

Ceding commission~~27.5%~~ 25.0%Cl. 7.2DisputedCorrected

Addendum 1 sets the commission at 25% from 1 April.

Northgate MutualConfirms a corrected version

3 booked rows restatedHUA-WH-0202, HUA-WH-0207, HUA-WH-0211

2 · Reports in any layout

Read the carrier's file as it comes

Column headings in six languages, units such as TEUR or £000, debit and credit columns, and a figure at 100% beside your share. A saved mapping reads next quarter's file the same way.

A printed total is a control figure: Cork checks it against the rows it covers.

01 Headings in six languages

02 Units, signs and totals checked

Prämie 100%Subject premiumDE

Prime cédéeCeded premiumFR

ComisiónCommissionES

Sinistri pagatiPaid lossesIT

Datum van ingangInception dateNL

TEUR scaled × 1,000 Soll · Haben one signed amount Printed total 1,204 ≠ rows 1,192

3 · Exposure and capacity

Know the limit you still stand behind.

Your net backing by peril, your approved capacity beside your outstanding liability, and each carrier's account. Cork warns you when your liability goes beyond your capacity.

Net backingUSD 3.94M

Approved capacityUSD 6M

HeadroomUSD 2.06M

Open claims1

Liability against approved capacity

All lines · USD

66%USD 3.94M of 6M · approval ref. CAP-2026-04

Flood

62%USD 2.44M

Fire

88%USD 1.5M · near its peril limit

Net backing by peril

USD 3.94Mtotal

Flood2.44M
Fire1.50M

Your carriers

Northgate Mutual · QS and XL12 treatiesUSD 3.94M

Orwell General · cession reportsQ2 reportChecked

Recovery · HUA-2026-0007BookedUSD 40K

Ceded premium by quarter

Q3 25Q4 25Q1 26Q2 26

You see your own participation: your share of each layer, the risks ceded to it, its claims and your account with each carrier.

4 · Business in the right place

Catch anything ceded to you that doesn't belong on your treaty

Every row is checked against the contract it was ceded to: the period it attaches to, the perils and territories in scope, the cession limit, the loss limit and the aggregate cap.

Anything outside those terms is flagged with the clause it breaks, so it never lands on your line unnoticed.

Cork product: a reinsurer's settlement with a carrier, from review to payment and receipt — In the product: settling an account with a carrier

QS-WH-FLOOD-2026 · checked against its terms

HUA-2027-0003Incepts 3 January 2027Outside the period · Cl. 2

HUA-2026-0005Warehouse · earthquakePeril not covered · Cl. 3

HUA-WH-0219Sum insured USD 7.5MOver the cession limit · Cl. 4

Paid losses, 2026USD 2.1M against a 2M capAggregate cap · Cl. 6

HUA-WH-0219 is ceded pro rata to the limit: premium and losses alike.

4 flags · each with its clause

AI integration

Hand the quarterly checks to your AI.

Connect the AI tool your team already uses. It adds each cession report, answers the mapping questions, drafts the queries on the differences and works through the actions waiting on you. It sees only what your firm sees.

Claude
OpenAI Codex
Cursor
VS Code
Any tool that supports MCP

You approve your AI prepares each change, and a person on your team approves itOr it acts your AI makes routine changes itself

Atlas Re · you approve

Get in touch

See Cork check your own cession reports against your treaties.

Firms and figures in the animations are illustrative.