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.
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 18A 0051 UN
A segment to give a processing indicator relating to the whole message.
A segment to specify the name and address and the related function of the party involved.
A segment to identify a person or department to whom communication should be directed.
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.
A segment to specify identifying numbers associated with the named party.
A segment to specify the message transaction date, date as at, statement period, preparation date.
A segment to provide general message information.
