RESETT Reinsurance settlement

Western European EDIFACT Board - MD7

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.

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Header

Position
Segment
Name
Max use

  1. To head, identify and specify a message.

  2. To transmit a processing indicator.

  3. Segment group 1
    Repeat 99

    1. To specify the name/address and their related function, either by CO82 only and/or unstructured by CO58 or structured by CO80 thru 3207.

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

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

    4. To specify a reference.

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

  5. To provide free form or coded text information.

Detail

Position
Segment
Name
Max use
  1. Segment group 2
    Repeat 99

    1. To specify a reference.

    2. Segment group 3
      Repeat 9999

      1. To transmit a processing indicator.

      2. To specify the instructions for payment.

      3. To specify the name/address and their related function, either by CO82 only and/or unstructured by CO58 or structured by CO80 thru 3207.

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

      5. Segment group 4
        Repeat 20

        1. To specify a reference.

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

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

        4. To provide free form or coded text information.

      6. To transmit a processing indicator.

      7. To specify a monetary amount.

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

      9. To provide free form or coded text information.

      10. Segment group 5
        Repeat 9999

        1. To specify the name/address and their related function, either by CO82 only and/or unstructured by CO58 or structured by CO80 thru 3207.

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

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

        4. To specify percentage information.

        5. To specify a reference.

        6. To transmit a processing indicator.

        7. To specify a monetary amount.

  2. To separate header, detail and summary sections of a message.

Summary

Position
Segment
Name
Max use
  1. Segment group 6
    Repeat 99

    1. To specify a monetary amount.

    2. To specify the name/address and their related function, either by CO82 only and/or unstructured by CO58 or structured by CO80 thru 3207.

    3. To specify the instructions for payment.

    4. To specify a reference.

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

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

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