United Nations Directories
for Electronic Data Interchange for
Administration, Commerce and Transport
UN/EDIFACT
| United Nations Directories for Electronic Data Interchange for Administration, Commerce and Transport UN/EDIFACT |
Message Type : RESETT Version : D Release : 16B Contr. Agency: UN Revision : 3 Date : 2016-10-28 SOURCE: TBG8 Insurance CONTENTS Reinsurance settlement message 0. INTRODUCTION 1. SCOPE 1.1 Functional definition 1.2 Field of application 1.3 Principles 2. REFERENCES 3. TERMS AND DEFINITIONS 3.1 Standard terms and definitions 4. MESSAGE DEFINITION 4.1 Segment clarification 4.1.1 Header section 4.1.2 Detail section 4.1.3 Summary section 4.2 Segment index (alphabetical sequence by tag) 4.3 Message structure 4.3.1 Segment table --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 0. INTRODUCTION 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. 1. SCOPE 1.1 Functional definition 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. 1.2 Field of application 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. 1.3 Principles 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. 2. REFERENCES See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 1. 3. TERMS AND DEFINITIONS 3.1 Standard terms and definitions See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 2. 4. MESSAGE DEFINITION 4.1 Segment clarification This section should be read in conjunction with the segment table which indicates mandatory, conditional and repeating requirements. 4.1.1 Header section Information to be provided in the Header section: 00010 UNH, Message header 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 16B 0051 UN 00020 GEI, Processing information A segment to give a processing indicator relating to the whole message. 00030 Segment group 1: NAD-CTA-COM-RFF 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. 00040 NAD, Name and address A segment to specify the name and address and the related function of the party involved. 00050 CTA, Contact information A segment to identify a person or department to whom communication should be directed. 00060 COM, Communication contact 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. 00070 RFF, Reference A segment to specify identifying numbers associated with the named party. 00080 DTM, Date/time/period A segment to specify the message transaction date, date as at, statement period, preparation date. 00090 FTX, Free text A segment to provide general message information. 4.1.2 Detail section Information to be provided in the Detail section: 00100 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. 00110 RFF, Reference A segment to specify the permanent financial account to which the underlying items are pertaining to. 00120 Segment group 3: GEI-PAI-NAD-DTM-SG4-GEI-MOA-CUX-FTX-SG5 A group of segments to allow a breakdown for each reporting level to which the underlying items are pertaining to. 00130 GEI, Processing information A segment to give a processing indicator relating to the reporting level of breakdown. 00140 PAI, Payment instructions A segment to specify the conditions for payment or the requested conditions for payment. 00150 NAD, Name and address A segment to specify the name and address and their related function for the parties taking part in the financial transaction. 00160 DTM, Date/time/period A segment to specify pertinent date, time and period relating to the entry. 00170 Segment group 4: RFF-COM-DTM-FTX A group of segments to specify and identify sub-total references and the transaction references. 00180 RFF, Reference A segment to specify identifying numbers associated with the named transaction. 00190 COM, Communication contact A segment to identify the means by which the referenced document was transmitted. 00200 DTM, Date/time/period A segment to specify the transaction date relating to the reference given. 00210 FTX, Free text A segment to give an additional description to the transaction or document referenced. 00220 GEI, Processing information A segment to give a processing indicator relating to the settlement. 00230 MOA, Monetary amount A segment to specify a monetary amount, e.g. permanent financial account amount, sub-total amount, technical transaction amount. 00240 CUX, Currencies A segment to specify currencies used in the transaction and relevant details for the rate of exchange. 00250 FTX, Free text A segment to specify text information regarding the permanent financial account description, the sub-total description, the contract description, the loss or risk details. 00260 Segment group 5: NAD-CTA-COM-PCD-RFF-GEI-MOA A group of segments to report the market to the technical transaction. 00270 NAD, Name and address A segment to identify the insurance company, bureau, original insurer, original policy holder, ceding company or broker. 00280 CTA, Contact information A segment to identify a person or department to whom communication should be directed. 00290 COM, Communication contact 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. 00300 PCD, Percentage details A segment to specify the party's share in the contract. 00310 RFF, Reference A segment to specify references of the party named in NAD. 00320 GEI, Processing information A segment to give a processing indicator relating to the settlement by specific parties involved in the transaction. 00330 MOA, Monetary amount A segment to specify the share amount of the party named in NAD. 00340 UNS, Section control A segment used to prevent collisions between the detail and the summary sections of the message. 4.1.3 Summary section Information to be provided in the Summary section: 00350 Segment group 6: MOA-NAD-PAI-RFF-DTM A segment group to summarize the message and/or specify the settlement instruction. 00360 MOA, Monetary amount A segment to specify the settlement amounts or hash-total. 00370 NAD, Name and address A segment to identify the issuing bank, paying or receiving financial institution, payer, payee. 00380 PAI, Payment instructions A segment to specify the conditions for payment or the requested conditions for payment. 00390 RFF, Reference A segment to specify references of the party named in NAD. 00400 DTM, Date/time/period A segment to specify the dates relating to the settlement. 00410 UNT, Message trailer 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. 4.2 Segment index (alphabetical sequence by tag) 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
4.3 Message structure 4.3.1 Segment table Pos Tag Name S R HEADER SECTION 00010 UNH Message header M 1 00020 GEI Processing information M 2 00030 ---- Segment group 1 ------------------ M 99---------------+ 00040 NAD Name and address M 1 | 00050 CTA Contact information C 1 | 00060 COM Communication contact C 5 | 00070 RFF Reference C 2----------------+ 00080 DTM Date/time/period M 4 00090 FTX Free text C 5 DETAIL SECTION 00100 ---- Segment group 2 ------------------ M 99---------------+ 00110 RFF Reference M 1 | | 00120 ---- Segment group 3 ------------------ M 9999------------+| 00130 GEI Processing information M 1 || 00140 PAI Payment instructions C 1 || 00150 NAD Name and address C 4 || 00160 DTM Date/time/period C 9 || || 00170 ---- Segment group 4 ------------------ M 20-------------+|| 00180 RFF Reference M 1 ||| 00190 COM Communication contact C 1 ||| 00200 DTM Date/time/period C 1 ||| 00210 FTX Free text C 1--------------+|| 00220 GEI Processing information C 6 || 00230 MOA Monetary amount M 6 || 00240 CUX Currencies C 1 || 00250 FTX Free text C 2 || || 00260 ---- Segment group 5 ------------------ C 9999-----------+|| 00270 NAD Name and address M 1 ||| 00280 CTA Contact information C 1 ||| 00290 COM Communication contact C 5 ||| 00300 PCD Percentage details C 1 ||| 00310 RFF Reference C 2 ||| 00320 GEI Processing information C 1 ||| 00330 MOA Monetary amount M 1--------------+++ 00340 UNS Section control M 1 SUMMARY SECTION 00350 ---- Segment group 6 ------------------ C 99---------------+ 00360 MOA Monetary amount M 1 | 00370 NAD Name and address C 4 | 00380 PAI Payment instructions C 1 | 00390 RFF Reference C 4 | 00400 DTM Date/time/period C 2----------------+ 00410 UNT Message trailer M 1