Update Business Hierarchy

Updates the specified business hierarchy.

A business hierarchy is collection of primary insurance policies and reinsurance contracts along with their interconnected relationships (if any) that represent one potential visualization of a corporate structure.

Business hierarchies enable you to analyze data across the portfolios that represent your insurance entities and the cedants in your assumed reinsurance book. These types of analysis provide the information necessary to identify which parts of your business drive your accumulation losses.

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