title = "Premium Settlement Cycles"

content = """
Premium settlement cycles define when cedents pay reinsurers and when reconciliation occurs. Adherence to cycles maintains smooth cash flow and relationship quality.

**Frequency:** Proportional treaties often settle quarterly or semi-annually. Statements accompany bordereaux; payment follows within 30–90 days per contract.

**Reconciliation:** Cedents and reinsurers reconcile statements. Discrepancies require investigation and resolution. Document agreement for audit.

**Currency:** Settlements may be in local currency or a specified currency (e.g., USD). Exchange rate provisions address multi-currency programs.
"""  # noqa: E501

version = "0.0.1"
