RECORD Reinsurance core data

TBG8 Insurance

The RECORD message will convey to partners involved in the placing of a reinsurance contract or endorsement in a structured format all the required core data that form the basis of the negotiation process and of the ensuing contract (such as : contract sections and their criteria, clauses, coverages, deductibles, deductions and premiums, parties involved).

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Header

Position
Segment
Name
Max use

  1. To head, identify and specify a message.

    1. Data element S009/0057 is retained for upward compatibility. The use of
    S016 and/or S017 is encouraged in preference.
    2. The combination of the values carried in data elements 0062 and S009 shall
    be used to identify uniquely the message within its group (if used) or if
    not used, within its interchange, for the purpose of acknowledgement.

  2. To indicate the type and function of a message and to transmit the identifying number.

  3. To specify date, and/or time, or period.

  4. To specify the agreement details.

  5. To specify a reference.

  6. To identify processing information.

  7. To provide free form or coded text information.

  8. Segment group 1
    Repeat 99

    1. To specify information necessary to establish the identity of a party.

    2. To provide information related to the processing and purpose of a financial message.

    3. To specify a reference.

    4. Segment group 2
      Repeat 9

      1. To identify a person or a department to whom communication should be directed.

      2. To identify a communication number of a department or a person to whom communication should be directed.

  9. Segment group 3
    Repeat 99

    1. To identify an object.

    2. To identify processing information.

    3. To describe the insurance cover.

    4. To specify a reference.

    5. To identify a specific attribute.

    6. To specify currencies used in the transaction and relevant details for the rate of exchange.

    7. To provide free form or coded text information.

    8. Segment group 4
      Repeat 9

      1. Specification of details relating to a period.

      2. Segment group 5
        Repeat 2

        1. To specify date, and/or time, or period.

        2. To identify processing information.

    9. Segment group 6
      Repeat 99

      1. To identify a place or a location and/or related locations.

      2. To specify physical measurements, including dimension tolerances, weights and counts.

      3. To specify an address.

    10. Segment group 7
      Repeat 99

      1. To identify a clause in a treaty, law and/or contract.

      2. To specify the applicability.

      3. To specify a monetary amount.

      4. To specify percentage information.

      5. To specify date, and/or time, or period.

      6. To identify processing information.

      7. To provide free form or coded text information.

    11. Segment group 8
      Repeat 999

      1. Details regarding the stipulation or limitation in a document.

      2. To specify the applicability.

      3. To specify a monetary amount.

      4. To specify rate information.

      5. To specify date, and/or time, or period.

      6. To specify a pertinent quantity.

      7. To identify a formula.

      8. To specify currencies used in the transaction and relevant details for the rate of exchange.

      9. To identify a clause in a treaty, law and/or contract.

      10. To identify processing information.

      11. To provide free form or coded text information.

      12. Segment group 9
        Repeat 9

        1. To describe the foundation or starting point.

        2. To specify the applicability.

      13. Segment group 10
        Repeat 99

        1. To identify a specific attribute.

        2. To specify percentage information.

      14. Segment group 11
        Repeat 99

        1. To identify a place or a location and/or related locations.

        2. To specify physical measurements, including dimension tolerances, weights and counts.

        3. To specify an address.

      15. Segment group 12
        Repeat 9

        1. To specify the terms of payment.

        2. To specify percentage information.

      16. Segment group 13
        Repeat 99

        1. To specify a reference.

        2. To specify a monetary amount.

        3. To specify percentage information.

        4. To specify date, and/or time, or period.

    12. Segment group 14
      Repeat 999

      1. To specify information necessary to establish the identity of a party.

      2. To identify a specific attribute.

      3. To specify an address.

      4. To identify a person or a department to whom communication should be directed.

      5. To identify a communication number of a department or a person to whom communication should be directed.

      6. To specify a reference.

      7. Segment group 15
        Repeat 99

        1. To specify the status of an object or service, including its category and the reason(s) for the status.

        2. To specify a reference.

        3. To specify date, and/or time, or period.

        4. To specify a monetary amount.

        5. To specify percentage information.

        6. To specify a pertinent quantity.

        7. To provide free form or coded text information.

        8. Segment group 16
          Repeat 999

          1. To specify sector/subject requirements and conditions.

          2. To provide free form or coded text information.

          3. To identify a specific attribute.

          4. To specify a reference.

          5. To specify percentage information.

  10. Segment group 17
    Repeat 99

    1. To identify documents and details directly related to it.

    2. To specify a reference.

    3. To identify an object.

    4. To identify a communication number of a department or a person to whom communication should be directed.

    5. To specify the link of one non-EDIFACT external file to an EDIFACT message.

    6. To specify information necessary to establish the identity of a party.

    7. To specify date, and/or time, or period.

  11. To end and check the completeness of a message.

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