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 : RETACC Version : D Release : 19B Contr. Agency: UN Revision : 3 Date : 2019-12-06 SOURCE: TBG8 Insurance CONTENTS Reinsurance technical account 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 technical account message (RETACC) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport. 1. SCOPE 1.1 Functional definition The RETACC is used by the sender to report to the receiver the latter's position in the sender's books with respect to one single reinsurance contract. It is in this sense a type of account for services rendered, and may initiate a payment flow either directly or via a periodical overview statement. 1.2 Field of application The Reinsurance technical account 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 RETACC will report technical and financial accounting entries that are informational (i.e. the latter items such as reserves will not impact the balance of the account). In the summary section of the RETACC, the ability is given to split the account balance into sub-amounts using different criteria. Such sub-amounts may be collectable and non- collectable. One may even go a level further and split a non- collectable balance into amounts per company or participant. 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 technical account message is RETACC. Note: Reinsurance technical account messages conforming to this document must contain the following data in segment UNH, composite S009: Data element 0065 RETACC 0052 D 0054 19B 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 relevant parties for the whole transaction. 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. 00070 RFF, Reference A segment to specify the references of the party identified in the leading NAD. 00080 DTM, Date/time/period A segment to specify the message transaction date, accounting period, accounting year, accounting periodicity. 00090 FTX, Free text A segment to provide general message information, and/or narrative descriptions of references or account period given. 4.1.2 Detail section Information to be provided in the Detail section: 00100 Segment group 2: CUX-RFF-FTX-SG3 A group of segments to specify accounting breakdowns within the contract. 00110 CUX, Currencies A segment to specify the account rendering currency (statement currency) of the sub-account, and if required the settlement currency and the exchange rate used to convert from original account currency into settlement currency. 00120 RFF, Reference A segment used to tie the sub-account to a specific reference and to additionally identify the layer or surplus number of the contract for which data are rendered. 00130 FTX, Free text A segment used to provide free text information regarding the contract section reported in the sub-account (particularly for facultative contracts). 00140 Segment group 3: MOA-DTM-PCD-GEI-LOC-FTX-SG4 A group of segments to specify accounting entries for the sub- account, and if required the sub-account balance(s). 00150 MOA, Monetary amount A segment to specify the accounting entries or the sub- account balance(s). 00160 DTM, Date/time/period A segment to specify pertinent dates and periods relating to the entry. 00170 PCD, Percentage details A segment to specify the percentage used to calculate the entry, and/or the receiver's share percentage. 00180 GEI, Processing information A segment to give an indicator to specify the way to process the entry. 00190 LOC, Place/location identification A segment to identify the geographical scope to which the entry pertains or - for facultative accounts - the location of the risk. 00200 FTX, Free text A segment used to provide free text information regarding the entry. More particularly, the segment can be used to give loss details or additional information concerning bucket entry codes. 00210 Segment group 4: RFF-DTM-COM-FTX A group of segments to refer to supporting messages or documents. The segment may equally be used in case of loss amount reporting to specify the event reference. 00220 RFF, Reference A segment to specify a reference to a supporting document or message and/or (in case of losses reported), the event reference. 00230 DTM, Date/time/period A segment to specify the date of transaction of the supporting document or message. 00240 COM, Communication contact A segment to identify the means by which the referenced document or message was transmitted. 00250 FTX, Free text A segment used to provide free text information regarding the document or message that is referenced. 00260 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: 00270 Segment group 5: MOA-GEI-SG6-PAI-RFF-DTM A group of segments that may be used to specify account totals and subdivide them per type of settlement. At the same type this group can be used to break down the account into sub-balances using various criteria, such as collectable or non-collectable, and the embedded group 6 can be used to make breakdowns per party in the underlying market. 00280 MOA, Monetary amount A segment to specify the total account balances per settlement currency, or the possible breakdowns e.g. the amounts due in instalments, or per payment means or combined. 00290 GEI, Processing information A segment to give a processing indicator relating to the settlement. 00300 Segment group 6: NAD-PCD-RFF-GEI-MOA A group of segments used to make breakdowns of the amount reported, per party in the underlying market. 00310 NAD, Name and address A segment to identify the bank where the letter of credit was issued, the payer's and beneficiary's bank, the assuming company, the multiple cedants involved. 00320 PCD, Percentage details A segment used to specify the share of the party in the broker's order or in the 100% of the contract, expressed as a percentage. 00330 RFF, Reference A segment to specify the references of the party named in the leading NAD. 00340 GEI, Processing information A segment to give a processing indicator relating to the settlement by specific parties involved in the transaction. 00350 MOA, Monetary amount A segment to specify the share amount of the party specified. 00360 PAI, Payment instructions A segment to specify the means of settlement. 00370 RFF, Reference A segment to specify references related to the settlement of the account balance. 00380 DTM, Date/time/period A segment to specify pertinent dates and periods relating to the settlement of the RETACC. 00390 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 LOC Place/location identification 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 6 00030 ---- Segment group 1 ------------------ M 9----------------+ 00040 NAD Name and address M 1 | 00050 CTA Contact information C 1 | 00060 COM Communication contact C 5 | 00070 RFF Reference C 9----------------+ 00080 DTM Date/time/period M 4 00090 FTX Free text C 5 DETAIL SECTION 00100 ---- Segment group 2 ------------------ M 99---------------+ 00110 CUX Currencies M 1 | 00120 RFF Reference M 5 | 00130 FTX Free text C 1 | | 00140 ---- Segment group 3 ------------------ M 999-------------+| 00150 MOA Monetary amount M 1 || 00160 DTM Date/time/period M 10 || 00170 PCD Percentage details C 2 || 00180 GEI Processing information C 10 || 00190 LOC Place/location identification C 9 || 00200 FTX Free text C 3 || || 00210 ---- Segment group 4 ------------------ C 9--------------+|| 00220 RFF Reference M 1 ||| 00230 DTM Date/time/period C 1 ||| 00240 COM Communication contact C 1 ||| 00250 FTX Free text C 1--------------+++ 00260 UNS Section control M 1 SUMMARY SECTION 00270 ---- Segment group 5 ------------------ C 99---------------+ 00280 MOA Monetary amount M 1 | 00290 GEI Processing information C 1 | | 00300 ---- Segment group 6 ------------------ C 999-------------+| 00310 NAD Name and address M 1 || 00320 PCD Percentage details C 1 || 00330 RFF Reference C 2 || 00340 GEI Processing information C 1 || 00350 MOA Monetary amount C 1---------------+| 00360 PAI Payment instructions M 1 | 00370 RFF Reference C 9 | 00380 DTM Date/time/period C 3----------------+ 00390 UNT Message trailer M 1