LREACT Life reinsurance activity
D9 Insurance (SWG)
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.
The trading partners utilizing the Life reinsurance activity message will be direct companies, reinsurance companies, reinsurance intermediaries and retrocessionaires. The message will be used to transmit data required by ceding and assuming companies to maintain the records on reinsured cessions. This data supports the reinsurer's ability to appropriately account for, manage, study, value (reserve) and complete their financial reporting. It also facilitates the reconciliation of the reinsurance records in order to maintain the integrity of the data between the trading partners.
Header
- 0010Message headerMandatoryMax 1To head, identify and specify a message. 1. Data element S009/0057 is retained for upward compatibility. The use ofS016 and/or S017 is encouraged in preference.2. The combination of the values carried in data elements 0062 and S009 shallbe used to identify uniquely the message within its group (if used) or ifnot used, within its interchange, for the purpose of acknowledgement.
- 0020Beginning of messageMandatoryMax 1To indicate the type and function of a message and to transmit the identifying number. 
- 0030Date/time/periodMandatoryMax 1To specify date, and/or time, or period. 
- 0040CurrenciesConditionalMax 1To specify currencies used in the transaction and relevant details for the rate of exchange. 
- 0050Contact informationConditionalMax 9To identify a person or a department to whom communication should be directed. 
- 0060Free textConditionalMax 1To provide free form or coded text information. 
Detail
- Segment group 1Repeat 999999- 0080General indicatorMandatoryMax 1To transmit a processing indicator. This segment will be removed effective with directoryD.02B.
- 0090ReferenceMandatoryMax 9To specify a reference. 
- 0100AttributeConditionalMax 99To identify a specific attribute. 
- 0110Date/time/periodConditionalMax 99To specify date, and/or time, or period. 
- 0120Free textConditionalMax 1To provide free form or coded text information. 
- Segment group 2Repeat 1- 0140Item descriptionMandatoryMax 1To describe an item in either an industry or free format. 
- 0150Place/location identificationMandatoryMax 9To identify a place or a location and/or related locations. 
- 0160Sequence detailsConditionalMax 1To provide details relating to the sequence. 
- 0170CurrenciesConditionalMax 1To specify currencies used in the transaction and relevant details for the rate of exchange. 
- 0180Party identificationConditionalMax 9To specify information necessary to establish the identity of a party. 
 
- 0140Item descriptionMandatoryMax 1
- Segment group 3Repeat 1- 0200Percentage detailsMandatoryMax 1To specify percentage information. 
- 0210Party identificationConditionalMax 1To specify information necessary to establish the identity of a party. 
- 0220Place/location identificationConditionalMax 1To identify a place or a location and/or related locations. 
 
- 0200Percentage detailsMandatoryMax 1
- Segment group 4Repeat 1- 0240Insurance cover descriptionMandatoryMax 1To describe the insurance cover. 
- 0250Percentage detailsMandatoryMax 9To specify percentage information. 
- 0260Employment detailsConditionalMax 1To specify employment details. 
- 0270Agreement identificationConditionalMax 9To specify the agreement details. 
- 0280Place/location identificationConditionalMax 1To identify a place or a location and/or related locations. 
- Segment group 5Repeat 99- 0300Monetary amountMandatoryMax 1To specify a monetary amount. 
- 0310Monetary amount functionMandatoryMax 1To provide details of the function of a monetary amount. 
 
- 0300Monetary amountMandatoryMax 1
- Segment group 6Repeat 99- 0330Rate detailsMandatoryMax 1To specify rate information. 
- 0340AttributeConditionalMax 1To identify a specific attribute. 
- 0350Date/time/periodConditionalMax 1To specify date, and/or time, or period. 
- Segment group 7Repeat 99- 0370Monetary amountMandatoryMax 1To specify a monetary amount. 
- 0380Monetary amount functionMandatoryMax 1To provide details of the function of a monetary amount. 
 
- 0370Monetary amountMandatoryMax 1
 
- 0330Rate detailsMandatoryMax 1
- Segment group 8Repeat 99- 0400Process identificationMandatoryMax 1To identify a process. 
- 0410AttributeConditionalMax 9To identify a specific attribute. 
- 0420Percentage detailsConditionalMax 1To specify percentage information. 
- Segment group 9Repeat 99- 0440Monetary amountMandatoryMax 1To specify a monetary amount. 
- 0450Monetary amount functionMandatoryMax 1To provide details of the function of a monetary amount. 
 
- 0440Monetary amountMandatoryMax 1
 
- 0400Process identificationMandatoryMax 1
 
- 0240Insurance cover descriptionMandatoryMax 1
 
- 0080General indicatorMandatoryMax 1
- 0460Message trailerMandatoryMax 1To end and check the completeness of a message. 1. 0062, the value shall be identical to the value in 0062 in thecorresponding UNH segment.