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.
To head, identify and specify a message.
To transmit a processing indicator.
To specify the name/address and their related function, either by CO82 only and/or unstructured by CO58 or structured by CO80 thru 3207.
To identify a person or a department to whom communication should be directed.
To identify a communication number of a department or a person to whom communication should be directed.
To specify a reference.
To specify date, and/or time, or period.
To provide free form or coded text information.