The LREACT message is used by companies to exchange insured and policy coverage detail for reinsurance purposes. The message will be used for both ceded and assumed reinsurance.
To head, identify and specify a message.
To indicate the type and function of a message and to transmit the identifying number.
To specify date, and/or time, or period.
To specify currencies used in the transaction and relevant details for the rate of exchange.
To identify a person or a department to whom communication should be directed.
To provide free form or coded text information.
