{"id":19697,"date":"2025-04-10T22:43:03","date_gmt":"2025-04-10T20:43:03","guid":{"rendered":"https:\/\/www.cconsulting.it\/glossary\/aggregate-account\/"},"modified":"2025-04-10T22:43:03","modified_gmt":"2025-04-10T20:43:03","slug":"aggregate-account","status":"publish","type":"glossary","link":"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/","title":{"rendered":"Aggregate Account"},"content":{"rendered":"<p>The <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Aggregate Account<\/a> represents an <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;XLayers&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;XLayers is management software designed for the management and certification of Insurance company reinsurance processes, from the distribution of technical items to their related Agreements, to the preparation of accounts and to the data feed of the accounting system.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/xlayers\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>XLayers<\/a> data structure serving as a deposit for the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Technical Accounts&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers, the Technical Accounts are structures or deposits of reporting operations defined by the following main coordinates:&bull; Ceding Company&bull; Year of the Technical Account (accounting year)&bull; Account Period (Periodicity) (e.g. 1st quarter, 4th quarter etc.)&bull; Agreement and annuity of the Reinsurance Agreement&bull; Account Currency&bull; Additional Technical Account Version (progressive number id. (zero in case of NON-Additional Technical Account)For example, Technical Account: 4th quarter of 2020 QS Agreement Fire 2019 currency EUR progressive number id. 0 EUR.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/technical-accounts\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Technical Accounts<\/a> of one or more varied Agreements.<br>\nAn <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Aggregate Account<\/a> can therefore refer to an <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Agreement<\/a> (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.<br>\nOften, some Agreements are entered separately in the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Agreement<\/a> Manager for varied reasons but represent a single <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Agreement<\/a> for accounting purposes.<br>\nEntering these different Agreements into a single <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Aggregate Account<\/a> then allows the user to display Agreements in the Account Statement or group them into a single entity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Aggregate Account<\/a> represents an <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;XLayers&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;XLayers is management software designed for the management and certification of Insurance company reinsurance processes, from the distribution of technical items to their related Agreements, to the preparation of accounts and to the data feed of the accounting system.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/xlayers\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">XLayers<\/a> data structure serving as a deposit for the <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Technical Accounts&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers, the Technical Accounts are structures or deposits of reporting operations defined by the following main coordinates:&bull; Ceding Company&bull; Year of the Technical Account (accounting year)&bull; Account Period (Periodicity) (e.g. 1st quarter, 4th quarter etc.)&bull; Agreement and annuity of the Reinsurance Agreement&bull; Account Currency&bull; Additional Technical Account Version (progressive number id. (zero in case of NON-Additional Technical Account)For example, Technical Account: 4th quarter of 2020 QS Agreement Fire 2019 currency EUR progressive number id. 0 EUR.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/technical-accounts\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Technical Accounts<\/a> of one or more varied Agreements. An <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Aggregate Account<\/a> can therefore refer to an <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Agreement<\/a> (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity. Often, some Agreements are entered separately in the <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Agreement<\/a> Manager for varied reasons but represent a single <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Agreement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In XLayers the term Agreement refers to a generic Reinsurance contract whether it be Treaty or Facultative.Often in insurance terms the term contract is used as the insurance policy while in reinsurance and in XLayers in general the term Agreement always refers to the contract between a Company (Ceding Company) and one or more Reinsurers (Participants) for the transfer or ceding of part of the risk.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/agreement\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Agreement<\/a> for accounting purposes. Entering these different Agreements into a single <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Aggregate Account&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;The Aggregate Account represents an XLayers data structure serving as a deposit for the Technical Accounts of one or more varied Agreements.An Aggregate Account can therefore refer to an Agreement (minimum necessary) or to a list of two or more Agreements for which it is necessary to perform the operations relating to Technical Accounting as a single entity.Often, some Agreements are entered separately in the Agreement Manager for varied reasons but represent a single Agreement for accounting purposes.Entering these different Agreements into a single Aggregate Account then allows the user to display Agreements in the Account Statement or group them into a single entity.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/en\/glossary\/aggregate-account\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Aggregate Account<\/a> then allows the user to display Agreements in the Account Statement or group them into a single entity.<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-19697","glossary","type-glossary","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary\/19697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/glossary\/19697\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cconsulting.it\/en\/wp-json\/wp\/v2\/media?parent=19697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}