RECALC Reinsurance calculation
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.
Position
Segment
Name
Max Use
0010
Mandatory
Max 1
To head, identify and specify a message.
0020
Mandatory
Max 5
To identify processing information.
Segment group 1
Mandatory
Repeat 9
0040
Mandatory
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.
0050
Conditional
Max 1
To identify a person or a department to whom communication should be directed.
0060
Conditional
Max 5
To identify a communication number of a department or a person to whom communication should be directed.
0070
Conditional
Max 9
To specify a reference.
0080
Mandatory
Max 9
To specify date, and/or time, or period.
0090
Conditional
Max 3
To provide free form or coded text information.
Segment group 2
Mandatory
Repeat 99
0110
Mandatory
Max 1
To identify relationships between objects.
0120
Conditional
Max 9
To specify a reference.
0130
Conditional
Max 5
To identify processing information.
0140
Mandatory
Max 1
To specify currencies used in the transaction and relevant details for the rate of exchange.
0150
Conditional
Max 9
To specify date, and/or time, or period.
0160
Conditional
Max 9
To specify a pertinent quantity.
0170
Conditional
Max 1
To identify a place or a location and/or related locations.
0180
Conditional
Max 9
To specify percentage information.
0190
Conditional
Max 3
To provide free form or coded text information.
Segment group 3
Mandatory
Repeat 9
0210
Mandatory
Max 1
To provide details of the function of a monetary amount.
Segment group 4
Mandatory
Repeat 99
0230
Mandatory
Max 1
To specify a monetary amount.
0240
Conditional
Max 9
To identify processing information.
0250
Conditional
Max 9
To specify percentage information.
0260
Conditional
Max 2
To provide free form or coded text information.
0270
Conditional
Max 9
To specify date, and/or time, or period.
Segment group 5
Mandatory
Repeat 9
0290
Mandatory
Max 1
To specify a reference.
0300
Conditional
Max 2
To specify date, and/or time, or period.
0310
Conditional
Max 1
To identify a communication number of a department or a person to whom communication should be directed.
0320
Conditional
Max 1
To provide free form or coded text information.
Segment group 6
Mandatory
Repeat 1
0340
Mandatory
Max 1
To specify currencies used in the transaction and relevant details for the rate of exchange.
0350
Conditional
Max 1
To specify a monetary amount.
0360
Mandatory
Max 1
To identify the reason for an adjustment.
0370
Mandatory
Max 1
To end and check the completeness of a message.