| Version: | D |
|---|---|
| Release: | 03A |
| Contr. Agency: | UN |
| Revision: | 3 |
| Date: | 2003-06-10 |
| SOURCE: | TBG8 Insurance |
|
For general information on UN standard message types see UN Trade Data Interchange Directory, UNTDID, Part 4, Section 2.3, UN/ECE UNSM General Introduction |
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This message also occurs in the following versions of this standard: D96A, D96B, D97A, D97B, D98A, D98B, D99A, D99B, D00A, D00B, D01A, D01B, D01C, D02A, D02B, D03A, D03B, D04A, D04B |
This specification provides the definition of the Reinsurance settlement message (RESETT) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport.
A reinsurance settlement message is exchanged by insurers, reinsurers, bureaux, brokers and professional reinsurance intermediaries to send all information that enables to identify, reconcile and set-off technical accounts.
The Reinsurance settlement message may be used for both national and international applications. It is based on universal practice related to administration, commerce and transport, and is not dependent on the type of business or industry.
The RESETT message is a multi-contract message, it can refer to one or multiple RETACC(s) (Reinsurance technical account message). It covers all classes of business and can be used in relation with both proportional and non-proportional business for both treaty and facultative agreements. Multiple currencies are handled through a currency conversion facility, several financial settlement currencies are allowed.
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 1.
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 2.
This section should be read in conjunction with the segment table which indicates mandatory, conditional and repeating requirements.
Information to be provided in the Header section:
A service segment starting and uniquely identifying a message. The message type code for the Reinsurance settlement message is RESETT.
Note: Reinsurance settlement messages conforming to this document must contain the following data in segment UNH, composite S009:
| Data element | 0065 | RESETT |
| 0052 | D | |
| 0054 | 03A | |
| 0051 | UN |
A segment to give a processing indicator relating to the whole message.
A group of segments to specify the name and address, contact information, communication contact and reference of the message sender, message receiver and/or parties receiving a courtesy copy.
A segment to specify the name and address and the related function of the party involved.
A segment to identify a person or department to whom communication should be directed.
A segment to identify a communication number of a department or a person to whom communication should be directed as identified in the CTA segment.
A segment to specify identifying numbers associated with the named party.
A segment to specify the message transaction date, date as at, statement period, preparation date.
A segment to provide general message information.
Information to be provided in the Detail section:
0100 Segment group 2: RFF-SG3 A group of segments to allow a breakdown for each permanent financial account to which the underlying items are pertaining to.
A segment to specify the permanent financial account to which the underlying items are pertaining to.
A group of segments to allow a breakdown for each reporting level to which the underlying items are pertaining to.
A segment to give a processing indicator relating to the reporting level of breakdown.
A segment to specify the conditions for payment or the requested conditions for payment.
A segment to specify the name and address and their related function for the parties taking part in the financial transaction.
A segment to specify pertinent date, time and period relating to the entry.
A group of segments to specify and identify sub-total references and the transaction references.
A segment to specify identifying numbers associated with the named transaction.
A segment to identify the means by which the referenced document was transmitted.
A segment to specify the transaction date relating to the reference given.
A segment to give an additional description to the transaction or document referenced.
A segment to give a processing indicator relating to the settlement.
A segment to specify a monetary amount, e.g. permanent financial account amount, sub-total amount, technical transaction amount.
A segment to specify currencies used in the transaction and relevant details for the rate of exchange.
A segment to specify text information regarding the permanent financial account description, the sub-total description, the contract description, the loss or risk details.
A group of segments to report the market to the technical transaction.
A segment to identify the insurance company, bureau, original insurer, original policy holder, ceding company or broker.
A segment to identify a person or department to whom communication should be directed.
A segment to identify a communication number of a department or a person to whom communication should be directed as identified in the CTA segment.
A segment to specify the party's share in the contract.
A segment to specify references of the party named in NAD.
A segment to give a processing indicator relating to the settlement by specific parties involved in the transaction.
A segment to specify the share amount of the party named in NAD.
A segment used to prevent collisions between the detail and the summary sections of the message.
Information to be provided in the Summary section:
0350 Segment group 6: MOA-NAD-PAI-RFF-DTM A segment group to summarize the message and/or specify the settlement instruction.
A segment to specify the settlement amounts or hash-total.
A segment to identify the issuing bank, paying or receiving financial institution, payer, payee.
A segment to specify the conditions for payment or the requested conditions for payment.
A segment to specify references of the party named in NAD.
A segment to specify the dates relating to the settlement.
A service segment ending a message, giving the total number of segments in the message (including the UNH & UNT) and the control reference number of the message.
| COM | Communication contact | |
| CTA | Contact information | |
| CUX | Currencies | |
| DTM | Date/time/period | |
| FTX | Free text | |
| GEI | Processing information | |
| MOA | Monetary amount | |
| NAD | Name and address | |
| PAI | Payment instructions | |
| PCD | Percentage details | |
| RFF | Reference | |
| UNH | Message header | |
| UNS | Section control | |
| UNT | Message trailer |
| ├─UNH Message header | ×1 | (M) |
| ├─GEI Processing information | ×2 | (M) |
| ├─Segment Group 1 | ×99 | (M) |
| │─├─NAD Name and address | ×1 | (M) |
| │─├─CTA Contact information | ×1 | (C) |
| │─├─COM Communication contact | ×5 | (C) |
| │─└─RFF Reference | ×2 | (C) |
| ├─DTM Date/time/period | ×4 | (M) |
| ├─FTX Free text | ×5 | (C) |
| ├─Segment Group 2 | ×99 | (M) |
| │─├─RFF Reference | ×1 | (M) |
| │─└─Segment Group 3 | ×9999 | (M) |
| │───├─GEI Processing information | ×1 | (M) |
| │───├─PAI Payment instructions | ×1 | (C) |
| │───├─NAD Name and address | ×4 | (C) |
| │───├─DTM Date/time/period | ×9 | (C) |
| │───├─Segment Group 4 | ×20 | (M) |
| │───│─├─RFF Reference | ×1 | (M) |
| │───│─├─COM Communication contact | ×1 | (C) |
| │───│─├─DTM Date/time/period | ×1 | (C) |
| │───│─└─FTX Free text | ×1 | (C) |
| │───├─GEI Processing information | ×6 | (C) |
| │───├─MOA Monetary amount | ×6 | (M) |
| │───├─CUX Currencies | ×1 | (C) |
| │───├─FTX Free text | ×2 | (C) |
| │───└─Segment Group 5 | ×9999 | (C) |
| │─────├─NAD Name and address | ×1 | (M) |
| │─────├─CTA Contact information | ×1 | (C) |
| │─────├─COM Communication contact | ×5 | (C) |
| │─────├─PCD Percentage details | ×1 | (C) |
| │─────├─RFF Reference | ×2 | (C) |
| │─────├─GEI Processing information | ×1 | (C) |
| │─────└─MOA Monetary amount | ×1 | (M) |
| ├─UNS Section control | ×1 | (M) |
| ├─Segment Group 6 | ×99 | (C) |
| │─├─MOA Monetary amount | ×1 | (M) |
| │─├─NAD Name and address | ×4 | (C) |
| │─├─PAI Payment instructions | ×1 | (C) |
| │─├─RFF Reference | ×4 | (C) |
| │─└─DTM Date/time/period | ×2 | (C) |
| └─UNT Message trailer | ×1 | (M) |