RECALC Reinsurance calculation

TBG8 Insurance

RECALC is a generic message used in reinsurance environment to show various types of calculation that are either based on the loss ratio or on the technical result of a reinsurance contract or program, mainly in the area of commissions and commission adjustments and in stop loss claims. This message supports results shown in the RETACC message.

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Header

Position

Segment

Name

Max use

0010Message headerMandatory->Max 1
To head, identify and specify a message.
0020Processing informationMandatory->Max 5
To identify processing information.
Segment group 1
Repeat 9
1. 0040Name and addressMandatory->Max 1
  To specify the name/address and their related function, either by C082 only and/or unstructured by C058 or structured by C080 thru 3207.
2. 0050Contact informationConditional->Max 1
  To identify a person or a department to whom communication should be directed.
3. 0060Communication contactConditional->Max 5
  To identify a communication number of a department or a person to whom communication should be directed.
4. 0070ReferenceConditional->Max 9
  To specify a reference.
0080Date/time/periodMandatory->Max 9
To specify date, and/or time, or period.
0090Free textConditional->Max 3
To provide free form or coded text information.
Segment group 2
Repeat 99
1. 0110RelationshipMandatory->Max 1
  To identify relationships between objects.
2. 0120ReferenceConditional->Max 9
  To specify a reference.
3. 0130Processing informationConditional->Max 5
  To identify processing information.
4. 0140CurrenciesMandatory->Max 1
  To specify currencies used in the transaction and relevant details for the rate of exchange.
5. 0150Date/time/periodConditional->Max 9
  To specify date, and/or time, or period.
6. 0160QuantityConditional->Max 9
  To specify a pertinent quantity.
7. 0170Place/location identificationConditional->Max 1
  To identify a place or a location and/or related locations.
8. 0180Percentage detailsConditional->Max 9
  To specify percentage information.
9. 0190Free textConditional->Max 3
  To provide free form or coded text information.
10. Segment group 3
  Repeat 9
  1. 0210Monetary amount functionMandatory->Max 1
    To provide details of the function of a monetary amount.
  2. Segment group 4
    Repeat 99
    0230Monetary amountMandatory->Max 1
    To specify a monetary amount.
    0240Processing informationConditional->Max 9
    To identify processing information.
    0250Percentage detailsConditional->Max 9
    To specify percentage information.
    0260Free textConditional->Max 2
    To provide free form or coded text information.
    0270Date/time/periodConditional->Max 9
    To specify date, and/or time, or period.
    Segment group 5
    Repeat 9
    0290ReferenceMandatory->Max 1
    To specify a reference.
    0300Date/time/periodConditional->Max 2
    To specify date, and/or time, or period.
    0310Communication contactConditional->Max 1
    To identify a communication number of a department or a person to whom communication should be directed.
    0320Free textConditional->Max 1
    To provide free form or coded text information.
    Segment group 6
    Repeat 1
    0340CurrenciesMandatory->Max 1
    To specify currencies used in the transaction and relevant details for the rate of exchange.
    0350Monetary amountConditional->Max 1
    To specify a monetary amount.
    0360Adjustment detailsMandatory->Max 1
    To identify the reason for an adjustment.
0370Message trailerMandatory->Max 1
To end and check the completeness of a message.
1. 0062, the value shall be identical to the value in 0062 in the
corresponding UNH segment.