MRC Data dictionary version final 1806 v1.0

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MRC Data dictionary version final 1806 v1.0 Powered By Docstoc
					Market Reform Contract                                                                         Data Dictionary
                                                                                               v 1.0 June 2007

Where appropriate the terms insurance, insurer and insured, used throughout this document, are intended to apply equally to
reinsurance, reinsured, and reinsurer.

Document Sections
The contract document is made up of six sections
  Risk Details*; details of the risk/contract involved, such as insured (or reinsured), type, coverage, conditions etc.
  Information; free text additional information.
  Security Details; insurer‟s “stamp” details. These indicate each insurer‟s share of the risk, their reference/s and
  any additional conditions applied by them.
  Subscription Agreement; in relation to subscription markets, this establishes the rules to be followed for processing and
  administration of post-placement amendments and transactions.
  Fiscal and Regulatory; fiscal and regulatory issues specific to the insurers involved in the risk.
  Broker Remuneration & Deductions: Information relevant to brokerage, fees paid to the broker and deductions from premium

Dictionary
The following information has been defined within the dictionary:

PRIMARY NAME
This is the name that should be printed on the left-hand side of the document for the information item concerned (but see “name variations”
below).

NAME VARIATIONS

   Name; Variations in the name that can be printed on the left hand side of the document for the information item concerned.
   Examples of where used; Indicates examples of lines/classes of business where a particular name variation is used.

DEFINITION
This describes the content required to be printed on the right-hand side of the document for the information item concerned.

USAGE

This indicates in what circumstances an item should be used (e.g. mandatory, optional, etc).

MAPPING TO DATA STANDARD


Mapping to data items is indicated by showing the data reference/s and name/s from the ACORD RLC data dictionary.* Each data reference has
a prefix that denotes the type of data item (A = Amount, C = Code, D = Date, Q = Quantity, P = Percentage, R = Reference, T = Text).

Data items within the RLC data dictionary are combined into data groups – and the groups within which mapped data items fall is also indicated
in this mapping (data groups are shown underlined and in bold).

In addition, a diagram that shows interrelationships between the data groups is shown on the next page. This helps implementers understand
the relationships between all data items that are included within the RLC XML Placing message.




* Also known as Contract Details
       Market Reform Contract                                                                                        Data Dictionary                                                                                      RISK DETAILS SECTION
                                                                                                                     v1.0 June 2007



HEADING NAME             MRS   NAME VARIATIONS                                                             DESCRIPTION                                  USAGE                              MAPPING TO DATA STANDARD


                               Name                                  Examples of where used
                                                                                                           The content of the key fields within this
                                                                                                           section of the contract is described in an
                                                                                                           appendix to the Market Reform Contract
                                                                                                           Version 1.0 (June 2007).

UMR                      Y     UMR                                   All                                   Unique Market Reference - this is a         Mandatory                           Contract
                                                                                                           reference allocated to the contract by the                                      R008 BrokerContractReference
                                                                                                           broker at Firm Order stage, which uniquely
                                                                                                           identifies a contract and remains constant
                                                                                                           on all subsequent related business
                                                                                                           transactions. This reference can be
                                                                                                           incorporated as a separate heading or as
                                                                                                           a header on each page of the contract. It
                                                                                                           is used to distinguish individual insurance
                                                                                                           contracts. It must start with B followed by
                                                                                                           the Lloyd‟s Broker number and then a
                                                                                                           unique reference which cannot have more
                                                                                                           than 12 alphanumeric characters. Refer to
                                                                                                           Appendix C for guidance on correct
                                                                                                           completion.
Attaching to delegated   Y     Attaching to delegated underwriting   Declarations off lineslips            This heading is applicable to all            Conditional, required for          Contract
underwriting contract          contract number                                                             declarations off line slips, marine open     declarations & off-slips           R011 BrokerParentContractReference
number                                                                                                     cargo covers and limited binding
                                                                                                           authorities that are shown to insurers. This
                                                                                                           heading should specify the unique market
                                                                                                           reference to which the declaration in
                                                                                                           question attaches
Type                     Y     Type                                  All                                   This heading must incorporate details of     Mandatory                          Contract
                                                                                                           the type of contract e.g. Marine Hull.                                          C003 ContractType
                                                                                                                                                                                           T022 ContractTypeDescription

Proposal form                  Proposal form                         Jewellers block, Fine art, Cash in    Details of the proposal form completed by    Conditional, required for some     Contract Section
                                                                     transit, Marine Yachts                the insured (name/reference of form,         classes of business                T321 ProposalFormDetails
                                                                                                           details of when signed/dated, etc).
                               Application                           Jewellers block, Fine art, Cash in
                                                                     transit
Insured                  Y     Insured                               All                                   The insured‟s name and, where                Conditional, required if risk is   Contract
                               Insured & location                    All insurance (except D&O, PI, FI)    appropriate, address and/or business.        insurance.                         C442 InsuredIdentification
                               Assured                               Marine, PI, D&O, FI                                                                                                   C479 InsurerIdentificationAgency
                               Life assured                          US Healthcare                                                                                                         T206 InsuredName
                               Insured person                        US Healthcare, D&O                                                                                                    T278 InsuredDescription
                               Policyholder                          US Healthcare, D&O                                                                                                    T249 InsuredOperationsDescription
                               Named insured                         D&O, Marine liability                                                                                                 T240 InsuredAddressNumberAndStreet
                               Name of firm                          PI                                                                                                                    T241 InsuredAddressZipOrPostCode
                               Name of practice                      PI                                                                                                                    T242 InsuredAddressCityName
                                                                                                                                                                                           C483 InsuredAddressCountrySubEntity
                               Company                               D&O
                                                                                                                                                                                           C484 InsuredAddressCountry
                               Sponsoring employer company           Pension Trustee Liability
                                                                                                                                                                                           T248 InsuredAddressWebSiteURL



Original insured               Original insured                      Fac reinsurance. Proportional and    The insured‟s name, address and/or            Conditional, required for          Contract
                                                                     non-proportional treaty reinsurance. business as applicable on the original        facultative R/I                    C117 OriginalPolicyholderIdentification
                                                                                                          contract/policy, that is the subject of the                                      C118 OriginalPolicyholderIdentificationAgency
                               Original assured                      Fac reinsurance. Proportional and
                                                                                                          facultative reinsurance.                                                         T051 OriginalPolicyholderName
                                                                     non-proportional treaty reinsurance.
                                                                                                                                                                                           T329 OriginalPolicyholderOperationsDescription
                                                                                                                                                                                           T330 OriginalPolicyholderAddressNumberAndStreet
                                                                                                                                                                                           T331 OriginalPolicyholderAddressZipOrPostCode
                                                                                                                                                                                           T332 OriginalPolicyholderAddressCityName
                                                                                                                                                                                           C591 OriginalPolicyholderAddressCountrySubEntity
                                                                                                                                                                                           C592 OriginalPolicyholderAddressCountry
      Market Reform Contract                                                                                    Data Dictionary                                                                                           RISK DETAILS SECTION
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Original insured                                                                                      The insured‟s name, address and/or             Conditional, required for          Contract
HEADING NAME         MRS   NAME VARIATIONS                                                            business as applicable on the original
                                                                                                      DESCRIPTION                                    facultative R/I
                                                                                                                                                     USAGE                              C117 OriginalPolicyholderIdentification
                                                                                                                                                                                        MAPPING TO DATA STANDARD
                                                                                                      contract/policy, that is the subject of the                                       C118 OriginalPolicyholderIdentificationAgency
                                                                                                      facultative reinsurance.                                                          T051 OriginalPolicyholderName
                           Name                                 Examples of where used                                                                                                  T329 OriginalPolicyholderOperationsDescription
                           Original name insured                Medical malpractice reinsurance                                                                                         T330 OriginalPolicyholderAddressNumberAndStreet
                                                                                                                                                                                        T331 OriginalPolicyholderAddressZipOrPostCode
                                                                                                                                                                                        T332 OriginalPolicyholderAddressCityName
                                                                                                                                                                                        C591 OriginalPolicyholderAddressCountrySubEntity
                                                                                                                                                                                        C592 OriginalPolicyholderAddressCountry

Retrocedent                Retrocedent                          All retrocession.                     The retrocedent‟s name, address and/or         Conditional, required for          Contract
                                                                                                      business as applicable (full address need      retrocession                       C084 CedentIdentification
                                                                                                      not be given - Country and/or State of                                            C085 CedentIdentificationAgency
                                                                                                      Domicile is sufficient).                                                          T003 CedentName
                                                                                                                                                                                        T257 CertificateRecipientCedentName
                                                                                                                                                                                        T277 CedentDescription
                                                                                                                                                                                        T269 CedentAddressNumberAndStreet
                                                                                                                                                                                        T271 CedentAddressZipOrPostCode
                                                                                                                                                                                        T270 CedentAddressCityName
                                                                                                                                                                                        C528 CedentAddressCountrySubEntity
                                                                                                                                                                                        C529 CedentAddressCountry


Original reinsured         Original reinsured                   All retrocession.                    The Original Reinsured‟s name and               Conditional, required for          Contract
                                                                                                     address as applicable (full address need        retrocession                       C105 OriginalInsurerOrReinsurerIdentification
                           Original reassured                   PI retrocession, D&O retrocession,
                                                                                                     not be given - Country and/or State of                                             C106 OriginalInsurerOrReinsurerIdentificationAgency
                                                                FI retrocession, Marine retrocession
                                                                                                     Domicile is sufficient).                                                           T334 OriginalInsurerOrReinsurerFullNameAndAddress
                                                                                                                                                                                        T050 OriginalInsurerOrReinsurerName
                                                                                                                                                                                        T333 OriginalInsurerOrReinsurerLocationDescription
                                                                                                                                                                                        T334 OriginalInsurerOrReinsurerDescription

Reinsured            Y     Reinsured                            Aviation reinsurance, PI fac          The Reinsured‟s name and where                 Conditional, required if risk is   Contract
                                                                reinsurance, D&O fac reinsurance,     appropriate their address and/or business      reinsurance.                       C084 CedentIdentification
                                                                FI fac reinsurance                    (full address need not be given - Country                                         C085 CedentIdentificationAgency
                           Reinsured & location                 All reinsurance                       and/or State of Domicile is sufficient).                                          T003 CedentName
                           Reassured                            PI reinsurance, D&O reinsurance, FI                                                                                     T257 CertificateRecipientCedentName
                                                                reinsurance, Marine reinsurance                                                                                         T277 CedentDescription
                                                                                                                                                                                        T269 CedentAddressNumberAndStreet
                           Writing company                      All reinsurance.
                                                                                                                                                                                        T271 CedentAddressZipOrPostCode
                                                                                                                                                                                        T270 CedentAddressCityName
                                                                                                                                                                                        C528 CedentAddressCountrySubEntity
                                                                                                                                                                                        C529 CedentAddressCountry

Principal address          Principal address                    PI, D&O, FI                           The primary address - would normally be Conditional, required for some            Contract
                           Head office                          PI, D&O                               the address of the (re)insured's head office classes                              T240 InsuredAddressNumberAndStreet
                           Policyholder address                 D&O                                   (matching back to the address they stated                                         T241 InsuredAddressZipOrPostCode
                           Address                              FI, PI                                on their application form).                                                       T242 InsuredAddressCityName
                                                                                                                                                                                        C483 InsuredAddressCountrySubEntity
                                                                                                                                                                                        C484 InsuredAddressCountry

Period               Y     Period                               All                                   The inception date and time of day, expiry Mandatory                              Contract section
                           Period and cancellation provisions   Reinsurance treaty                    date and time of day as well as the                                               These date items include the ability to provide the time and an indication
                           Policy period                        PI, D&O, FI                           applicable time zone. As an alternative to                                        of timezone.
                           Voyage                               Marine, General specie, Cash in       specifying both times it is acceptable to                                         D002 ContractPeriodStartDateAndTime
                                                                transit                               specify “both days inclusive”, although the                                       C038 ContractPeriodStartDateAndTimeQualifier
                           Term                                 All reinsurance                       applicable time zone is still required.                                           D005 ContractPeriodEndDateAndTime
                                                                                                                                                                                        C010 ContractPeriodScope
                                                                                                      Where the risk is for a continuous contract                                       T008 ContractPeriodScopeDescription
                                                                                                      the anniversary date is to be included in                                         D004 NoticeOfCancellationDueDate
                                                                                                      place of the expiry date, please note that                                        T034 NoticeOfCancellationDescription
                                                                                                      the applicable time zone is still required.

                                                                                                      However for risks where specific dates of
                                                                                                      inception or expiry are not known, for
                                                                                                      example voyages, constructions and
                                                                                                      sporting events, the specific events
                                                                                                      determining the period must be stated.

                                                                                                      On proportional treaty business where the
                                                                                                      heading Period and Cancellation
                                                                                                      Provisions is used, cancellation provisions,
      Market Reform Contract                                                                                        Data Dictionary                                                                                             RISK DETAILS SECTION
                                                                                                                    v1.0 June 2007

Period                   Y                                                                                The inception date and time of day, expiry Mandatory                                Contract section
                                                                                                          date and time of day as well as the                                                 These date items include the ability to provide the time and an indication
HEADING NAME             MRS   NAME VARIATIONS                                                            applicable time
                                                                                                          DESCRIPTION zone. As an alternative to USAGE                                        of timezone.
                                                                                                                                                                                              MAPPING TO DATA STANDARD
                                                                                                          specifying both times it is acceptable to                                           D002 ContractPeriodStartDateAndTime
                                                                                                          specify “both days inclusive”, although the                                         C038 ContractPeriodStartDateAndTimeQualifier
                               Name                               Examples of where used                  applicable time zone is still required.                                             D005 ContractPeriodEndDateAndTime
                               Term and cancellation provisions   All reinsurance                                                                                                             C010 ContractPeriodScope
                                                                                                          Where the risk is for a continuous contract                                         T008 ContractPeriodScopeDescription
                                                                                                          the anniversary date is to be included in                                           D004 NoticeOfCancellationDueDate
                                                                                                          place of the expiry date, please note that                                          T034 NoticeOfCancellationDescription
                                                                                                          the applicable time zone is still required.

                                                                                                          However for risks where specific dates of
                                                                                                          inception or expiry are not known, for
                                                                                                          example voyages, constructions and
                                                                                                          sporting events, the specific events
                                                                                                          determining the period must be stated.

                                                                                                          On proportional treaty business where the
                                                                                                          heading Period and Cancellation
                                                                                                          Provisions is used, cancellation provisions,
                                                                                                          if any, must be stated including reference
                                                                                                          to what happens to business in force at
                                                                                                          cancellation, if applicable, and whether
                                                                                                          there is any option for either party in this
                                                                                                          respect.

                                                                                                          On "Risks Attaching During" contracts it is
                                                                                                          acceptable to state “any time zone”.
                                                                                                          NB. The basis of loss should be included
                                                                                                          under a separate heading.

Original policy period         Original policy period             Fac reinsurance                         Definition same as for Period - but this is    Conditional, to be used when         Contract
                                                                                                          the period of the original contract/policy     different from Period.               These date items include the ability to provide the time and an indication
                                                                                                          (that is the subject of a reinsurance or                                            of timezone.
                                                                                                          retrocession).                                                                      D029 OriginalPolicyPeriodStartDate
                                                                                                                                                                                              D100 OriginalPolicyPeriodEndDate


Conveyance               Y     Conveyance                         General specie, Jewellers Block,        Description and/or name of the mode of         Conditional, required for specific   Contract section
                                                                  Cash in transit, Marine                 conveyance of the subject matter of the        classes                              T219 VesselName
                                                                                                          risk.                                                                               T218 ConveyanceName

                               Conveyances                        General specie, Jewellers Block,
                                                                  Cash in transit, Marine
                               Vessels                            General specie, Cash in transit, Fine
                                                                  Art, Marine
Vessels                        Vessels                            Marine hull                             Name(s) or description(s) of the insured     Conditional, relevant to Marine        Contract section
                                                                                                          ship(s), vessel(s), yacht(s) or other marine                                        T219 VesselName
                                                                                                          craft.                                                                              T336 VesselOrConveyanceDescription
                               Yacht                              Marine Yachts

Interest                 Y     Interest                           All                                     Interest or subject matter insured or nature Mandatory                              Contract section
                                                                                                          of liability. If exclusions are included under                                      T056 InsuredRiskOrInterestDescription
                               Business/interest                  D&O, FI, PI                             this heading, then the nature of the interest
                               Subject matter                     All specie classes                      must appear first followed by specific
                                                                                                          exclusions, so that it is immediately
                               Subject matter insured             All specie classes.                     apparent which is which.
                               Property insured                   All specie classes
                               Interest insured                   All specie classes
      Market Reform Contract                                                                                         Data Dictionary                                                                 RISK DETAILS SECTION
Interest               Y                                                                                    Interest orv1.0 June 2007 or nature Mandatory
                                                                                                                           subject matter insured
                                                                                                            of liability. If exclusions are included under
                                                                                                            this heading, then the nature of the interest
                                                                                                            must appear first followed by specific
                                                                                                            exclusions, so that it is immediately
                                                                                                            apparent which is which.
HEADING NAME           MRS   NAME VARIATIONS                                                                DESCRIPTION                                    USAGE     MAPPING TO DATA STANDARD


                             Name                                  Examples of where used
                             Business covered                      Proportional and non-proportional
                                                                   treaty reinsurance
                             Class                                 Proportional and non-proportional
                                                                   treaty reinsurance
                             Class of business                     Proportional and non-proportional
                                                                   treaty reinsurance
                             Class of business & any exclusions    Non-proportional treaty reinsurance,
                                                                   Proportional marine and aviation
                                                                   treaty reinsurance
                             Interest & any exclusions             Marine proportional and non-
                                                                   proportional treaty reinsurance
Additional coverages         Additional coverages                  Commercial property, Terrorism and Description of additional coverages       Optional             Contract section
                                                                   Business interuption               included in the contract (beyond the                           T339 AdditionalCoveragesDescription
                                                                                                      general coverages already specified under
                                                                                                      the TYPE or INTEREST headings).

Limit of Liability     Y     Sum insured                           All                                      Sum insured or reinsured or indemnity or     Mandatory   Contract
                             Limits                                All                                      monetary limits - can additionally include               P009 QuotaSharePercentage
                             Limits and retentions/deductibles     All                                      details of deductible(s), excess(es),                    Contract coverage and deductible
                                                                                                            retention(s), etc.                                       Map to "Contract Coverage and Deductible", which can repeat to allow
                             Limit and excess                      All                                                                                               multiple limits of different types to be specified.
                             Total value                           Marine Yachts                                                                                     A004 CoverageAmount
                                                                                                                                                                     C046 CoverageAmountCurrency
                             Agreed value                          Marine
                                                                                                                                                                     C033 CoverageBasis
                             Limit                                 All
                                                                                                                                                                     T020 CoverageBasisDescription
                             Sum insured and deductible            All
                                                                                                                                                                     T026 CoverageDescription
                             Sum reinsured                         All reinsurance
                                                                                                                                                                     Q005 CoverageNumberOfLines
                             Sum reassured                         All reinsurance                                                                                   Q014 CoverageNumberOfUnits
                             Treaty detail                         Proportional and non-proportional                                                                 P016 CoveragePercentage
                                                                   treaty reinsurance.                                                                               C041 CoverageSubjectMatter
                             Treaty limits                         Proportional and non-proportional                                                                 C497 CoverageSubjectMatterAgency
                                                                   treaty reinsurance.                                                                               T030 CoverageSubjectMatterDescription
                             Sum assured                           Marine Hull insurance, Trade credit,                                                              C027 CoverageType
                                                                   Political risks insurance
                             Loss limit                            Aerospace insurance, Property
                                                                   insurance, Energy insurance
                             Limit of indemnity                    Medical malpractice, US Healthcare,
                                                                   FI, PI
                             Limit of liability                    Marine liability, Accident and health,
                                                                   D&O, FI, PI, Terrorism liability

                             In all limit                          Non-proportional reinsurance
                             Indemnity                             Non-proportional reinsurance
                             Limit and deductible                  Non-proportional reinsurance
                             Limit sum insured                     Proportional and non-proportional
                                                                   treaty reinsurance
                             Limit, retention and reinstatements   Non-proportional reinsurance
                             Limits and retention                  Non-proportional reinsurance
                             Limits of indemnity                   Proportional and non-proportional
                                                                   treaty reinsurance
                             Limits of liability                   Proportional and non-proportional
                                                                   treaty reinsurance
                             Retention and limit                   Non-proportional treaty reinsurance
      Market Reform Contract                                                                                   Data Dictionary                                                                                            RISK DETAILS SECTION
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HEADING NAME            MRS   NAME VARIATIONS                                                        DESCRIPTION                                  USAGE                                MAPPING TO DATA STANDARD


                              Name                             Examples of where used
Aggregate limit               Aggregate limit                  All reinsurance.                      Monetary limitation of the reinsurance       Conditional, required for specific   Contract coverage and deductible
                                                                                                     contract's liability for all losses in the   classes                              Map to "Contract Coverage and Deductible", which can repeat to allow
                                                                                                     aggregate.                                                                        multiple limits of different types to be specified - see "Sum insured" item
                                                                                                                                                                                       above.



Underlying limits             Underlying limits                D&O, FI, PI. Non proportional treaty The limit(s) on underlying                    Conditional, required for specific   Contract coverage and deductible
                                                               reinsurance.                         contracts/policies that need to be            classes                              Map to "Contract Coverage and Deductible", which can repeat to allow
                              Underlying policy/ies limit(s)   D&O, FI, PI                          exhausted before a claim becomes                                                   multiple limits of different types to be specified - see "Sum insured" item
                                                                                                    payable on this contract.                                                          above.


Excess                        Excess                           D&O, FI, PI, all Specie classes,      The excess amount(s) over which claims       Conditional, required for specific   Contract coverage and deductible
                                                               Marine liability                      covered by the contract become               classes                              Map to "Contract Coverage and Deductible", which can repeat to allow
                                                                                                     collectable.                                                                      multiple excesses/deductibles of different types to be specified.
                                                                                                                                                                                       A005 DeductibleAmount
                                                                                                                                                                                       C047 DeductibleAmountCurrency
                                                                                                                                                                                       C024 DeductibleBasis
                                                                                                                                                                                       T015 DeductibleBasisDescription
                                                                                                                                                                                       T027 DeductibleDescription
                                                                                                                                                                                       Q004 DeductibleNumberOfLines
                                                                                                                                                                                       Q013 DeductibleNumberOfUnits
                                                                                                                                                                                       P019 DeductiblePercentage
                                                                                                                                                                                       C042 DeductibleSubjectMatter
                                                                                                                                                                                       C496 DeductibleSubjectMatterAgency
                                                                                                                                                                                       T028 DeductibleSubjectMatterDescription
                                                                                                                                                                                       C009 DeductibleType


Sublimits                     Sublimits                        Commercial property, Terrorism and Details of programme sublimits for insured Conditional, required for specific        Contract coverage and deductible
                                                               Business interuption, all Specie   perils or coverages.                       classes                                   Map to "Contract Coverage and Deductible", which can repeat to allow
                                                               classes.                                                                                                                multiple limits of different types to be specified - see "Limit" item above.

                              Programme sublimits              Commercial property, Terrorism and
                                                               Business interuption

                              Program sublimits                Commercial property, Terrorism and
                                                               Business interuption

Deductibles                   Deductibles                      Commercial property, Terrorism and Details of deductible(s) that are retained by Conditional, required where            Contract coverage and deductible
                                                               Business interuption, Marine, Fac  the insured on an insurance contract/policy applicable                               Map to "Contract Coverage and Deductible", which can repeat to allow
                                                               reinsurance                        (for facultative reinsurance, this would                                             multiple excesses/deductibles of different types to be specified - see
                                                                                                  show details of deductible(s) that apply to                                          Excess item above.
                                                                                                  the original insurance contract/policy that
                                                                                                  is being reinsured). The deductible may be
                                                                                                  expressed as an amount or as a period.

                              Deductible                       D&O, FI, PI, All specie classes,
                                                               Marine, Fac reinsurance
                              Program deductibles              Commercial property, Terrorism and
                                                               Business interuption

                              Programme deductibles            Commercial property, Terrorism and
                                                               Business interuption

Reinsured's retention         Self insured retention           Commercial property, Terrorism and The proportion of the amount of the             Conditional, relevant to             Contract coverage and deductible
                                                               Business interuption, Marine liability original limit being retained by the        reinsurance                          Map to a repeat of "Contract coverage and deductible", with C009
                                                                                                      reinsured.
      Market Reform Contract                                                                                        Data Dictionary                                                                                           RISK DETAILS SECTION
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HEADING NAME               MRS   NAME VARIATIONS                                                          DESCRIPTION                                   USAGE                               MAPPING TO DATA STANDARD
Reinsured's retention                                                                                     The proportion of the amount of the           Conditional, relevant to            Contract coverage and deductible
                                                                                                          original limit being retained by the          reinsurance                         Map to a repeat of "Contract coverage and deductible", with C009
                                 Name                              Examples of where used                 reinsured.
                                 Retention                         D&O, FI, PI.
Reinstatement provisions         Reinstatement provisions          Non-proportional treaty reinsurance    Provisions for any reinstatement including    Optional                            Contract Reinstatement
                                                                                                          limit and additional premium applicable                                           Map to "Contract Reinstatement" which can repeat to give details of
                                                                                                                                                                                            reinstatements for different currencies etc.
                                                                                                                                                                                            A447 ReinstatementPremiumAmount
                                                                                                                                                                                            C553 ReinstatementPremiumCurrency
                                                                                                                                                                                            C034 ReinstatementCalculationType
                                                                                                                                                                                            C535 ReinstatementsAllowedUnlimitedIndicator
                                                                                                                                                                                            P012 ReinstatementPremiumPercentage
                                                                                                                                                                                            P015 ResinstatmentBrokeragePercentage
                                                                                                                                                                                            Q006 ReinstatementsAllowedTotalNumber
                                                                                                                                                                                            T287 ReinstatementsDescription

Indemnity period                 Indemnity period                  Business interruption                  Description of the indemnity period e.g. the Conditional, required for specific   Contract coverage and deductible
                                                                                                          period of time for which the insured will be classes                              Map to a repeat of "Contract Coverage and Deductible", with Q014
                                                                                                          indemnified for business interruption.                                            containing a number (e.g. "30") and C033 indicating what that number
                                                                                                                                                                                            applies to (e.g. "days")
                                                                                                                                                                                            Q014 CoverageNumberOfUnits
                                                                                                                                                                                            C033 CoverageBasis

Exclusions                       Exclusions                        All reinsurance.                       Identification of specific exclusions (e.g.   Optional                            Contract peril
                                                                                                          excluded coverages).                                                              Map to Contract Peril, which can repeat to give details of all
                                                                                                                                                                                            included/excluded perils.
                                                                                                                                                                                            C541 PerilTypeExcluded
                                                                                                                                                                                            C542 PerilTypeExcludedAgency
                                                                                                                                                                                            T281 PerilTypeExcludedDescription
                                                                                                                                                                                            T252 QuoteExclusionsDescription

Situation                  Y     Situation                         All non-marine. All reinsurance.       Situation, territorial limits or scope, trading Mandatory                         Contract section location
                                 Territorial limits                Commercial property, Terrorism,        warranties or location.                                                           C011 RiskLocationCountry
                                                                   Business interuption, PI, D&O, FI.                                                                                       C040 RiskLocationSupraentity
                                                                   Proportional and non-proportional                                                                                        C447 RiskLocationSubEntity
                                                                   treaty reinsurance                                                                                                       T009 RiskLocationDescription
                                 Territorial limits / limitation   All specie classes
                                 Geographical areas                All specie classes                                                                                                       Contract Section
                                 Territory                         All specie classes. Proportional and                                                                                     C538 JurisdictionLocationCountry
                                                                   non-proportional treaty reinsurance.                                                                                     C597 JurisdictionLocationSubEntity
                                                                                                                                                                                            T337 JurisdictionsCoveredDescription
                                 Geographical limits               All specie classes, PI, D&O, FI.
                                                                   Proportional and non-proportional
                                                                   treaty reinsurance.
                                 Location                          All specie classes. Fac reinsurance.

                                 Locations                         Fac reinsurance.
                                 Navigating                        Marine Yachts
                                 Cruising                          Marine Yachts
                                 Trading                           Marine
                                 Territorial scope                 Proportional and non-proportional
                                                                   treaty reinsurance
                                 Situate                           Specie / Fine Art
                                 Jurisdictional limits             PI, D&O, FI
      Market Reform Contract                                                                                 Data Dictionary                                                                                    RISK DETAILS SECTION
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HEADING NAME              MRS   NAME VARIATIONS                                                     DESCRIPTION                                 USAGE                         MAPPING TO DATA STANDARD


                                Name                            Examples of where used
Basis of valuation              Basis of valuation              General specie, Jewellers Block,    Description of the agreed basis of          Conditional, required where   Contract Section
                                                                Marine cargo                        valuation of items covered by the policy    applicable                    T338 BasisOfValuationDescription
                                Basis of indemnity              General specie, Jewellers Block     (e.g. for use in determining indemnity                                    C594 BasisOfValuation
                                Basis of settlement of losses   All specie classes                  and/or premium calculation).

Conditions                Y     Conditions                      All                                 Identification, qualification or variation in Mandatory                   Contract section
                                General conditions              All                                 coverage including the wording, clauses,                                  C006 RiskConditionsType
                                Perils                          All specie classes                  conditions and amendments to any                                          T340 PerilsAndConditionsDescription
                                Insurance conditions            Medical malpractice                 clauses in basic form. The contract must                                  Contract peril
                                Reinsurance conditions          All reinsurance                     reference or attach all registered wordings                               Map to Contract Peril, which can repeat to give details of all
                                                                                                    and registered clauses. All non-registered                                included/excluded perils.
                                                                                                    wordings and non–registered clauses must                                  C539 PerilTypeIncluded
                                                                                                    be attached in full.                                                      C540 PerilTypeIncludedAgency
                                                                                                                                                                              C541 PerilTypeExcluded
                                                                                                                                                                              C542 PerilTypeExcludedAgency
                                                                                                                                                                              T281 PerilTypeExcludedDescription
                                                                                                                                                                              T252 QuoteExclusionsDescription


Original conditions             Original conditions             All reinsurance                     The conditions of the original insurance    Conditional, relevant to      Map to a repeat of Contract Section that has C007
                                                                                                    that is subject to the reinsurance.         reinsurance                   ContractReportingLevel set ot value "insurance_contract_level".
                                                                                                                                                                              Contract section
                                                                                                                                                                              C006 RiskConditionsType
                                                                                                                                                                              T340 PerilsAndConditionsDescription
                                                                                                                                                                              Contract peril
                                                                                                                                                                              Map to Contract Peril, which can repeat to give details of all
                                                                                                                                                                              included/excluded perils.
                                                                                                                                                                              C539 PerilTypeIncluded
                                                                                                                                                                              C540 PerilTypeIncludedAgency
                                                                                                                                                                              C541 PerilTypeExcluded
                                                                                                                                                                              C542 PerilTypeExcludedAgency
                                                                                                                                                                              T281 PerilTypeExcludedDescription
                                                                                                                                                                              T252 QuoteExclusionsDescription




Loss payee                      Loss payee                      Marine                              The name, address etc details as              Optional                    Contract
                                                                                                    applicable of a party that is not the insured                             C588 LossPayeeIdentification
                                                                                                    but to whom losses under the contract will                                C589 LossPayeeIdentificationAgency
                                                                                                    be payable (e.g. a mortgagee).                                            T323 LossPayeeName
                                                                                                                                                                              T324 LossPayeeFullNameAndAddress
                                                                                                                                                                              T324 LossPayeeDescription
                                                                                                                                                                              T325 LossPayeeOperationsDescription
                                                                                                                                                                              T326 LossPayeeAddressNumberAndStreet
                                                                                                                                                                              T327 LossPayeeAddressZipOrPostCode
                                                                                                                                                                              T328 LossPayeeAddressCityName
                                                                                                                                                                              C623 LossPayeeAddressCountrySubEntity
                                                                                                                                                                              C590 LossPayeeAddressCountry

Co-reinsurance warranty   Y     Co-reinsurance warranty         Proportional and non-proportional   Reinsured's retention net for own account. Optional, applicable to        Contract section
                                                                treaty reinsurance                                                             reinsurance                    P031 CedentSharePercentage

                                Co-participation                Proportional and non-proportional
                                                                treaty reinsurance
                                Original co-insurance           Proportional and non-proportional
                                                                treaty reinsurance
     Market Reform Contract                                                   Data Dictionary                                                                             RISK DETAILS SECTION
                                                                              v1.0 June 2007



HEADING NAME        MRS   NAME VARIATIONS                            DESCRIPTION                                  USAGE                         MAPPING TO DATA STANDARD


                          Name              Examples of where used
Notices             Y     Notices           All                      An optional heading where any notices or     Conditional, required where   Contract section
                                                                     attestation clauses other than the Several   applicable                    Tnnn NoticesDescription
                                                                     Liability Notice must be recorded. E.g.
                                                                     Lloyd‟s privacy statement, LSW 1135 B.
      Market Reform Contract                                                                                  Data Dictionary                                                                                     RISK DETAILS SECTION
                                                                                                              v1.0 June 2007



                                                                                                                                                                                 Contract section
HEADING NAME                MRS   NAME VARIATIONS                                                    DESCRIPTION                                USAGE                            MAPPING TO DATA STANDARD
                                                                                                                                                                                 Tnnn NoticesDescription

                                  Name                           Examples of where used
Express warranties          Y     Express warranties             All                                 Any express warranties that apply to the     Conditional, required where
                                                                                                     contract, over and above any that may be applicable
                                                                                                     stated elsewhere or implied e.g. by
                                                                                                     legislation. If there are no such warranties
                                                                                                     this heading would not be included.




Conditions precedent        Y     Conditions precedent           All                                 Any conditions precedent that apply to the Optional
                                                                                                     contract, over and above any that may be
                                                                                                     incorporated in the Policy Form or
                                                                                                     legislation, including the consequences of
                                                                                                     non-compliance. If there are no such
                                                                                                     conditions precedent this heading would
                                                                                                     not be included.
Subjectivities              Y     Subjectivities                 All                                 A contract can include subjectivities for     Optional                      Contract section
                                                                                                     example an outstanding survey                                               Tnnn SubjectivitiesDescription
                                                                                                     requirement. Subjectivities must be
                                                                                                     imposed within the contract, in the Risk
                                                                                                     Details section under this heading or within
                                                                                                     Conditions, and must not be shown in the
                                                                                                     Security Details section against insurers‟
                                                                                                     lines. All subjectivities should set out the
                                                                                                     condition/action that needs to occur, by
                                                                                                     whom and to what standard; the applicable
                                                                                                     timescale within which the condition is to
                                                                                                     met; the terms which are to apply until the
                                                                                                     condition is met; and the consequences
                                                                                                     which are to follow if the condition is not
Choice of law & jurisdiction Y    Choice of law & jurisdiction   All                                 met. court that will have jurisdiction in the
                                                                                                     The                                           Mandatory                     Contract section
                                                                                                     event of a dispute between insured and                                      C538 JurisdictionLocationCountry
                                                                                                     insurers and the law that will apply. Further                               T279 JurisdictionLocationDescription
                                                                                                     Lloyd‟s information on this heading is
                                                                                                     available in Lloyd‟s bulletins Y3406
                                                                                                     Y3327,and for LMA members letter LTM04-
                                                                                                     056-WFR.


Arbitration                       Arbitration                    Proportional and non-proportional   Arrangements in the event that a dispute   Conditional, required for some   Contract Section
                                                                 treaty reinsurance                  goes to arbitration.                       jurisdictions                    T345 ArbitrationArrangementsDescription
                                                                                                                                                                                 Contract section location
                                                                                                                                                                                 T258 ArbitrationLocationDescription
     Market Reform Contract                                                                              Data Dictionary                                                                RISK DETAILS SECTION
                                                                                                         v1.0 June 2007



HEADING NAME               MRS   NAME VARIATIONS                                                DESCRIPTION                                   USAGE       MAPPING TO DATA STANDARD


                                 Name                       Examples of where used
Premium                    Y     Premium                    All                                 The premium to be paid by the insured.        Mandatory   Contract premium
                                 Rate                       All                                 Premiums in respect of War coverage                       A010 BasisOfDepositPremiumAmount
                                                                                                must be identified separately to premiums                 C052 BasisOfDepositPremiumAmountCurrency
                                                                                                in respect of other insured perils. Any                   C563 DeferredPremiumPaymentIndicator
                                                                                                premium instalment information must be                    A007 DepositPremiumAmount
                                                                                                shown here and not under the Payment                      C049 DepositPremiumAmountCurrency
                                                                                                Terms heading.                                            Q007 DepositPremiumInstalmentsTotalNumber
                                                                                                                                                          D006 DepositPremiumPayableByDate
                                                                                                                                                          T021 DepositPremiumPaymentsDescription
                                                                                                                                                          C035 DepositPremiumPaymentsDuePeriodType
                                                                                                                                                          A444 EndorsementPremiumAmount
                                                                                                                                                          C549 EndorsementPremiumAmountCurrency
                                                                                                                                                          A445 EndorsementReturnPremiumAmount
                                                                                                                                                          C550 EndorsementReturnPremiumAmountCurrency
                                                                                                                                                          A442 EstimatedPremiumAmount
                                 Premium basis              Facultative reinsurance.                                                                      C547 EstimatedPremiumAmountCurrency
                                                                                                                                                          A387 GnpiEstimatedSubjectPremium
                                                                                                                                                          C448 GnpiEstimatedSubjectPremiumCurrency
                                                                                                                                                          A009 MinimumAndDepositPremiumAmount
                                                                                                                                                          C051 MinimumAndDepositPremiumAmountCurrency
                                                                                                                                                          Q018 MinimumAndDepositPremiumInstalmentsTotalNumber
                                                                                                                                                          D138 MinimumAndDepositPremiumPayableByDate
                                                                                                                                                          T286 MinimumAndDepositPremiumPaymentsDescription
                                                                                                                                                          C552 MinimumAndDepositPremiumPaymentsDuePeriodType
                                                                                                                                                          A006 MinimumPremiumAmount
                                                                                                                                                          C048 MinimumPremiumAmountCurrency
                                                                                                                                                          A421 PremiumAmount
                                                                                                                                                          C545 PremiumAmountCurrency


Premium transfer                 Premium transfer           Marine (long term projects)         Details of circumstances under which      Optional        Contract Section
                                                                                                premium will be transferred between years                 T346 PremiumTransferProvisionsDescription
                                                                                                of account for long-term projects.
Premium payment terms      Y     Payment terms              All                                 The Premium Payment Terms applied to       Mandatory      Contract section
                                                                                                the contract by the Slip Leader, including                D095 PremiumPaymentDate
                                                                                                Premium Payment Warranties and/or                         Contract premium
                                                                                                Conditions. The Settlement Due Date must                  T021 DepositPremiumPaymentsDescription
                                                                                                be shown under the Settlement Due Date                    T286 MinimumAndDepositPremiumPaymentsDescription
                                                                                                heading and not here.

Bordereaux                 Y     Bordereaux                 Proportional and non-proportional   Indicate the intervals at which provisional   Optional    Contract section
                                                            treaty reinsurance, Marine (open    or definite premium and/or claims                         T011 CessionsBordereauConditions
                                                            covers), facultative R/I & direct   bordereaux are to be rendered.                            C016 CessionsBordereauDueByIndicator
                                                            property.                                                                                     C015 CessionsBordereauFrequency
                                                                                                                                                          T010 ClaimsBordereauConditions
                                                                                                                                                          C014 ClaimsBordereauDueByIndicator
                                                                                                                                                          C013 ClaimsBordereauFrequency
                                                                                                                                                          T012 LossReserveBordereauConditions
                                                                                                                                                          C018 LossReserveBordereauDueByIndicator
                                                                                                                                                          C017 LossReserveBordereauFrequency

Commission                 Y     Commission                 All reinsurance                     The percentage (or other basis) of          Optional      Contract section
                                 Overriding commission      All reinsurance                     commisssion allowance against premium                     C510 OverridingCommissionBasis
                                 Ceding commission          All reinsurance                     granted to the reinsured by the reinsurers.               P028 OverridingCommissionPercentage

Estimated premium income         Estimated premium income   Proportional and non-proportional   Estimate of the premium income related to Optional        Contract section
                                                            treaty reinsurance, Marine Covers   the lines of business and/or coverages                    C036 PremiumIncomeAmountBasis
                                                                                                reinsured.                                                Contract premium
                                                                                                                                                          A008 EstimatedPremiumIncomeAmount
                                                                                                                                                          C050 EstimatedPremiumIncomeAmountCurrency
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                                                                                                                     v1.0 June 2007



HEADING NAME                 MRS   NAME VARIATIONS                                                         DESCRIPTION                                    USAGE                                MAPPING TO DATA STANDARD

Estimated premium income                                                                                   Estimate of the premium income related to Optional                                  Contract section
                                   Name                                Examples of where used              the lines of business and/or coverages                                              C036 PremiumIncomeAmountBasis
                                   Estimated subject premium           Proportional and non-proportional   reinsured.                                                                          Contract premium
                                                                       treaty reinsurance                                                                                                      A008 EstimatedPremiumIncomeAmount
                                                                                                                                                                                               C050 EstimatedPremiumIncomeAmountCurrency


Tax(es) payable by insured   Y     Taxes payable by insured and        All                                 Any premium taxes and charges payable          Mandatory                            Tax applications
and administered by                administered by insurers                                                by the insured in addition to the premium                                           C574 TaxAmountType
insurers                           Taxes payable by assured and                                            stated above, which are collected and/or                                            C575 TaxClass
                                   administered by insurers                                                administered by insurers e.g. UK                                                    C576 TaxType
                                                                                                           Insurance Premium Tax. Any premium                                                  C577 TaxAuthorityLocationSupraentity
                                                                                                           taxes and charges payable by insurers                                               C578 TaxAuthorityLocationCountry
                                                                                                           must be shown in the Fiscal & Regulatory                                            C579 TaxAuthorityLocationSubentity
                                                                                                           section. If no taxes payable, state none –                                          C580 Item TaxRateBasis
                                                                                                           do not leaving heading blank.                                                       T309 TaxAuthority LocationDescription
                                                                                                                                                                                               T310 TaxAuthorityLocationSubentityDescription
                                                                                                                                                                                               T311 TaxTypeDescription

Profit commission            Y     Profit commission                   All reinsurance                     The percentage amount of profit                Conditional, required for specific   Contract section
                                                                                                           commission allowed and the percentage          classes                              C057 ProfitCommissionBasis
                                                                                                           for reinsurers‟ expenses must be entered                                            C056 ProfitCommissionCalculationFrequency
                                                                                                           first under this heading. Following this                                            D120 ProfitCommissionCalculationPeriodEndDateAndTime
                                                                                                           must be provision, if any, for deficit carry                                        D015 ProfitCommissionCalculationPeriodStartDateAndTime
                                                                                                           forwards and the basis of calculation. If                                           C055 ProfitCommissionCalculationType
                                                                                                           there is no deficit carry forward this must                                         C012 ProfitCommissionCarryforward
                                                                                                           be made clear.                                                                      T031 ProfitCommissionDescription
                                                                                                                                                                                               D016 ProfitCommissionFirstCalculationDate
                                                                                                                                                                                               P001 ProfitCommissionPercentage


Recording, transmitting &    Y     Recording, transmitting & storing   All                                 Details of procedures for storage of data,     Optional                             Contract Section
storing information                information                                                             documents and other information in                                                  T347 RecordingTransmittingAndStoringInformationProvisionsDescription
                                                                                                           relation to Data Protection Act.


Insurer Contract             Y     Insurer Contract Documentation      All                                 The type(s) of insurer contract          Mandatory                                  Contract Section
Documentation                                                                                              documentation to be produced, by whom it                                            T350 DocumentProductionDetailsDescription
                                                                                                           is to be produced and any particular
                                                                                                           requirements e.g. any requirement for an
                                                                                                           insurer approved policy.

Form                         Y     Form                                All                                 The reference or other identification of the   Conditional. Required where          Contract Section
                                                                                                           policy form and/or jacket. The wording or      policy is required and form not      T023 InsurancePolicyForm
                                                                                                           clauses should not be shown here, these        specified within the Insurer         T029 ReinsuranceContractForm
                                                                                                           should be included in the 'Conditions'         Contract Documentation heading
                                                                                                           heading.

Slip policy notice                 Slip policy notice                  All                                 A notice to the insured (or reinsured) that    Conditional, required where          Contract Section
                                                                                                           they may request a full policy if required.    company slip policy scheme           T322 SlipPolicyNotice
                                                                                                                                                          used.
      Market Reform Contract                                                                                  Data Dictionary                                                                                            RISK DETAILS SECTION
                                                                                                              v1.0 June 2007



HEADING NAME                 MRS   NAME VARIATIONS                                                  DESCRIPTION                                     USAGE                                MAPPING TO DATA STANDARD


                                   Name                         Examples of where used
Premium reserve & interest   Y     Premium reserve & interest   Proportional and non-proportional   Any premium reserve and applicable              Conditional, required for specific   Contract section
                                                                treaty reinsurance                  interest thereon to be specified (note: if      classes                              C511 PremiumReserveBasis
                                                                                                    interest is not on a per annum basis this                                            T261 PremiumReserveDescription
                                                                                                    must be stated)                                                                      C521 PremiumReserveInterestBasis
                                                                                                                                                                                         T032 PremiumReserveInterestDescription
                                                                                                                                                                                         D017 PremiumReserveInterestDueDate
                                                                                                                                                                                         P006 PremiumReserveInterestPercentage
                                                                                                                                                                                         P005 PremiumReservePercentage
                                                                                                                                                                                         D135 PremiumReserveRetentionPeriodInMonths
                                                                                                                                                                                         P053 TaxOnPremiumReserveInterestPercentage

                                   Premium reserve              Proportional and non-proportional
                                                                treaty reinsurance

Loss reserve & interest      Y     Loss reserve & interest      Proportional and non-proportional   Any loss reserve and applicable interest        Conditional, required for specific   Contract section
                                                                treaty reinsurance                  thereon to be specified (note: if interest is   classes                              T012 LossReserveBordereauConditions
                                   Loss reserve                 Proportional and non-proportional   not on a per annum basis this must be                                                C018 LossReserveBordereauDueByIndicator
                                                                treaty reinsurance                  stated)                                                                              C017 LossReserveBordereauFrequency
                                                                                                                                                                                         T265 LossReserveDescription
                                                                                                                                                                                         T033 LossReserveInterestDescription
                                                                                                                                                                                         D018 LossReserveInterestDueDate
                                                                                                                                                                                         P024 LossReserveInterestPercentage
                                                                                                                                                                                         P004 LossReservePercentage
                                                                                                                                                                                         D134 LossReserveRetentionPeriodInMonths
                                                                                                                                                                                         P052 TaxOnLossReserveInterestPercentage


Cash loss limit              Y     Cash loss limit              Proportional and non-proportional   Circumstances when a claim payment will Conditional, required for specific           Contract section
                                                                treaty reinsurance                  be made in advance of the normal periodic classes                                    A002 CashCallThresholdAmount
                                   Cash loss                    Proportional and non-proportional   account.                                                                             C044 CashCallThresholdAmountCurrency
                                                                treaty reinsurance                                                                                                       T013 CashCallThresholdDescription

Portfolio                    Y     Portfolio                    Proportional and non-proportional   For original portfolios between the          Conditional, required for specific      See detailed mapping to premium and loss portfolio data against the two
                                                                treaty reinsurance                  reassured and reinsurers. Premium and / classes                                      items below.
                                   Portfolio transfers          Proportional and non-proportional   or loss portfolios to be assumed or
                                                                treaty reinsurance                  returned must be entered showing the
                                                                                                    basis of calculation e.g. in the case of
                                                                                                    premiums whether it is the actual
                                                                                                    unearned or a percentage of the previous
                                                                                                    twelve months written premiums etc, and
                                                                                                    in the case of losses whether it is the
                                                                                                    actual outstanding losses or a percentage
                                                                                                    thereof. It must also be shown whether the
                                                                                                    premium portfolio is subject to deduction of
                                                                                                    commission etc and whether it is to be
                                                                                                    treated as cash or reserve.

Premium portfolio            Y     Premium portfolio            Proportional and non-proportional   Conditions relating to processing of            Conditional, required for specific   Contract section
                                                                treaty reinsurance                  premium portfolio transfers                     classes                              T259 PremiumPortfolioDescription
                                                                                                                                                                                         D011 PremiumPortfolioEntryDate
                                                                                                                                                                                         P020 PremiumPortfolioEntryPercentage
                                                                                                                                                                                         C516 PremiumPortfolioIndicator
                                                                                                                                                                                         D012 PremiumPortfolioWithdrawalDate
                                                                                                                                                                                         P021 PremiumPortfolioWithdrawalPercentage
      Market Reform Contract                                                                      Data Dictionary                                                                                       RISK DETAILS SECTION
                                                                                                  v1.0 June 2007                     Conditional, required for specific
                                                                                                                                     classes




HEADING NAME         MRS   NAME VARIATIONS                                               DESCRIPTION                                 USAGE                                MAPPING TO DATA STANDARD


                           Name                      Examples of where used
Loss portfolio       Y     Loss portfolio            Proportional and non-proportional   Conditions relating to processing of loss                                        Contract section
                                                     treaty reinsurance                  portfolio transfers                                                              D013 LossPortfolioEntryDate
                                                                                                                                                                          P022 LossPortfolioEntryPercentage
                                                                                                                                                                          C506 LossPortfolioIndicator
                                                                                                                                                                          T436 LossPortfolioDescription
                                                                                                                                                                          D014 LossPortfolioWithdrawalDate
                                                                                                                                                                          P023 LossPortfolioWithdrawalPercentage


Accounts             Y     Accounts                  Proportional and non-proportional   Indicate the periods at which accounts are Conditional, required for specific    Contract section
                                                     treaty reinsurance                  to be rendered and also any provisions for classes                               T014 AccountConditions
                           Reports and remittances   Proportional and non-proportional   bordereaux or other documents which may                                          C020 AccountsDueByIndicator
                                                     treaty reinsurance                  be necessary to show on a contract.                                              C054 AccountsDueByPeriodType
                                                                                                                                                                          Q001 AccountsDueByTimePeriodsQuantity
                                                                                                                                                                          C019 AccountsFrequency
          Market Reform Contract                                       Data Dictionary                                             INFORMATION SECTION
                                                                       v1.0 June 2007


HEADING NAME          MRS   NAME VARIATIONS                               DESCRIPTION                               USAGE           MAPPING TO DATA STANDARD
                            Name              Examples of where used
Information           Y     Information       All                         Details of any information provided to      Mandatory.    Contract Section
                                                                          Insurers to support the assessment of the                 T273 PlacingExplanation
                                                                          risk at the time of placement. Where the
                                                                          information is appropriate for inclusion in
                                                                          the contract it should be shown here.
                                                                          Where the size or format of the information
                                                                          is not suitable for inclusion it should be
                                                                          clearly referenced in this section and
                                                                          should be made available to all insurers
                                                                          during placing.
           Market Reform Contract                                                Data Dictionary                                                               SECURITY DETAILS SECTION
                                                                                 v1.0 June 2007                         (Some of this information is typically provided by the underwriter, within their stamp)




HEADING NAME             MRS   Name variations                                      DESCRIPTION                                     USAGE                                 MAPPING TO DATA STANDARD
                               Name                     Examples of where used
Reinsurer's liability    Y     Reinsurer's liability    All                         Clause to establish the several not joint       Conditional, Required where there     Map to a repeat of Contract section, with
                                                                                    liability of (re)insurers (including names of   is more than one participating        C501 ClauseType set to value
                                                                                    Lloyd's syndicates as well as companies).       insurer or a participating Lloyd's    "sevaral_liability" (need to raise MR to add
                                                                                                                                    syndicate. Recommended as the         new value)
                                                                                                                                    default on all contracts.             Contract section
                                                                                                                                                                          C501 ClauseType
                                                                                                                                                                          C502 ClauseAgency
                                                                                                                                                                          T274 ClauseName
                                                                                                                                                                          T254 ClauseDescription

Order hereon             Y     Order hereon             All                         The heading Order hereon must detail the Mandatory                                    Contract section
                               Order                    All                         order. The usage of this heading is further
                               Share of reinsurers      All reinsurance             described in "Market Reform Slip:
                                                                                    Guidance on expressing Orders and
                                                                                    Written Lines" attached as an appendix to
                                                                                    the Market Reform Slip (May 2007).

Basis of written lines   Y     Basis of written lines   All                         The basis on which subscribing                  Mandatory                             Contract section
                                                                                    (re)insurers written lines are applied to the                                         Cnnn BasisOfWrittenLines
                                                                                    order or contract. The usage of this
                                                                                    heading is further described in "Market
                                                                                    Reform Slip: Guidance on expressing
                                                                                    Orders and Written Lines" attached as an
                                                                                    appendix to the Market Reform Slip (May
                                                                                    2007).
Basis of signed lines    Y     Basis of signed lines    All                         The basis on which subscribing                  Conditional, required where the
                                                                                    (re)insurers signed lines are applied to the    basis differs from the basis of
                                                                                    order or contract. The usage of this            Written Lines.
                                                                                    heading is further described in "Market
                                                                                    Reform Contract: Version 1.0 (June 2007).




Signing provisions       Y     Signing provisions       All                         Contracts with more than one participating Conditional, required where there Contract section
                                                                                    insurer must contain a signing provision.  is more than one participating    T361 SigningProvisionsDescription
                                                                                                                               insurer.




Syndicate pseudonym            Syndicate pseudonym      All                         Three letter pseudonym of a Lloyd's             Conditional, on Syndicate             None
                                                                                    syndicate.                                      participation.
           Market Reform Contract                                                                   Data Dictionary                                                               SECURITY DETAILS SECTION
                                                                                                    v1.0 June 2007                         (Some of this information is typically provided by the underwriter, within their stamp)




HEADING NAME                      MRS   Name variations                                                DESCRIPTION                                   USAGE                                   MAPPING TO DATA STANDARD
                                        Name                      Examples of where used
Syndicate id number                     Syndicate id number       All                                  Number that identifies the a Lloyd's          Conditional, on Syndicate               Contract market
                                                                                                       syndicate.                                    participation.                          C478 InsurerIdentification
                                                                                                                                                                                             C479 InsurerIdentificationAgency
                                                                                                                                                                                             C102 ReinsurerIdentification
                                                                                                                                                                                             C103 ReinsurerIdentificationAgency


Company name                            Company name              All                                  The name of the company, which must           Conditional, required except for
                                                                                                       fully specify the legal entity underwriting   Lloyd's syndicates.
                                                                                                       the risk.




Company id number                       Company id number         All                                  Number that identifies an underwriting       Conditional, on the use of               Contract market
                                                                                                       company. For non-marine companies this company identifiers (e.g. for                  C478 InsurerIdentification
                                                                                                       in the format X99X9 (the first three         London Bureau companies)                 C479 InsurerIdentificationAgency
                                                                                                       characters form the account code, the                                                 C102 ReinsurerIdentification
                                                                                                       fourth is the subcode, and the final                                                  C103 ReinsurerIdentificationAgency
                                                                                                       character is a check digit). For
                                                                                                       Marine/Aviation companies this is in the
                                                                                                       format 9999 999 9 (the first four characters
                                                                                                       form the account code, the next three
                                                                                                       characters form the subcode, and the final
                                                                                                       character is a check digit).


Underwriter reference 1                 Underwriter's reference   All                                  Reference allocated by the underwriter to     Mandatory                               Contract market
                                                                                                       the risk.                                                                             R116 InsurerContractReference
                                                                                                                                                                                             R009 ReinsurerContractReference

Underwriter reference 2                 Underwriter's reference   Nonmarine only                       Secondary reference allocated by non-         Optional                                Rnnn InsurerContractSecondaryReference
                                                                                                       marine companies - additional to the                                                  Rnnn
                                                                                                       underwriter reference 1.                                                              ReinsurerContractSecondaryReference

Insurer's written line                  Insurer's line            All                                                                                Conditional, although one of the        Contract market
                                                                                                                                                     forms of representing the written       A420 InsurerShareLimitAmount
                                                                                                                                                     line must be used.                      A415 ReinsurerShareLimitAmount
                                                                                                                                                                                             P046 InsurerSharePercentage
                                                                                                                                                                                             P037 ReinsurerSharePercentage

Insurer's written line in units                                   Treaty reinsurance                   The reinsurer's share expressed as a          Conditional, although one of the        Contract Market
                                                                                                       number of units.                              forms of representing the written       Q028 InsurerShareNumberOfUnits
                                                                                                                                                     line must be used.                      Q029 ReinsurerShareNumberOfUnits

Insurer's written line in lines                                   Surplus line treaty reinsurance      The reinsurer's share expressed as a          Conditional, although one of the        Contract Market
                                                                                                       number of lines.                              forms of representing the written       Q026 InsurerShareNumberOfLines
                                                                                                                                                     line must be used.                      Q027 ReinsurerShareNumberOfLines
          Market Reform Contract                                              Data Dictionary                                                             SECURITY DETAILS SECTION
                                                                              v1.0 June 2007                       (Some of this information is typically provided by the underwriter, within their stamp)




HEADING NAME            MRS   Name variations                                    DESCRIPTION                                  USAGE                                  MAPPING TO DATA STANDARD
                              Name                   Examples of where used
Line Conditions               Line Conditions        All                         Conditions applied by an insurer specific to Optional
                                                                                 their line.



Signing Instructions          Signing instructions   All                         Indicator to show that the line is written "To Optional
                                                                                 Stand"



Insurer's signed line                                All                         A contract may be "oversubscribed" by a      Conditional, required for a        Contract Market
                                                                                 broker (that is, the total amount            subscription placement. Provided P046 InsurerSharePercentage
                                                                                 underwritten may be more than the actual     after the completion of placement, P037 ReinsurerSharePercentage
                                                                                 amount at risk). When preparing the slip     typically by the broker.
                                                                                 for submission to London bureau the                                             Signed Lines should be notifed in a
                                                                                 broker should adjust each written line in                                       separate m,essage containing signed lines
                                                                                 accordance with the provisions in the                                           only - see ACORD Placing Implementation
                                                                                 contract, or as agreed with underwriters,                                       Guide.
                                                                                 the lines total the exact percentage
                                                                                 required.                                                                           The original ritten lines may also be sent
                                                                                                                                                                     as informative items - see P062
                                                                                                                                                                     InsurerWrittenPercentage and P063
                                                                                                                                                                     ReinsurerWrittenpercentage
Market Reform Contract                                                                  Data Dictionary                                                            SUBSCRIPTION AGREEMENT SECTION
                                                                                        v1.0 June 2007




HEADING NAME            MRS   NAME VARIATIONS                                           DESCRIPTION                                        USAGE                                 MAPPING TO DATA STANDARD
                              Name                             Examples of where used
                                                                                        The content of the fields within this section of
                                                                                        the contract is described in an appendix to the
                                                                                        Market Reform Contract Version 1.0 (June
                                                                                        2007).

Slip leader             Y     Slip (contract) leader           All                      The name of the slip leader must be clearly           Mandatory                          Contract market
                                                                                        identified. If known when the contract is produced it                                    Map to repeat of "Contract market", with
                                                                                        should be entered by the broker. If not, the slip                                        C552 ParticipantFunction set to value "leader"
                                                                                        leader must enter it when writing the contract. In                                       T238 InsurerAddressCityName
                                                                                        situations where the Slip Leader is a non-bureau                                         C480 InsurerAddressCountry
                                                                                        insurer, it may be necessary to have a BUREAU                                            T237 InsurerAddressNumberAndStreet
                                                                                        LEADER to facilitiate the necessary bureau                                               T239 InsurerAddressZipOrPostalCode
                                                                                        processing. In these circumtances, the right hand                                        R116 InsurerContractReference
                                                                                        side of the contract should be annotated with the                                        C478 InsurerIdentification
                                                                                        headings OVERALL SLIP LEADER and BUREAU                                                  C479 InsurerIdentificationAgency
                                                                                        LEADER. In such cases subsequent contract                                                T230 InsurerName
                                                                                        provisions will need to be specific with regard to                                       T221 ReinsurerAddressCityName
                                                                                        which leader is applicable to any Slip Leader                                            C464 ReinsurerAddressCountry
                                                                                        agreements.                                                                              T220 ReinsurerAddressNumberAndStreet
                                                                                                                                                                                 T222 ReinsurerAddressZipOrPostCode
                                                                                                                                                                                 R009 ReinsurerContractReference
                                                                                                                                                                                 C102 ReinsurerIdentification
                                                                                                                                                                                 C103 ReinsurerIdentificationAgency
                                                                                                                                                                                 T017 ReinsurerName


Bureau Leader           N     Bureau Leader                    All classes              The name of the bureau leader where this differs   Conditional, only required where it
                                                                                        from the Slip Leader.                              varys from Slip Leader.


Basis of agreement to   Y     Basis of agreement to contract   All                      By this heading the agreement process for contract Mandatory                             Contract section
contract changes              changes                                                   changes must be stated. Therefore the contract                                           T348 ContractChangesAgreementBasisDescription
                                                                                        must specify any leading underwriter agreement
                                                                                        that applies e.g. GUA and applicable class of
                                                                                        business schedule etc. Alternatively under this
                                                                                        heading it may specify who will agree different
                                                                                        types of contract changes.
Market Reform Contract                                                                            Data Dictionary                                                              SUBSCRIPTION AGREEMENT SECTION
                                                                                                  v1.0 June 2007




HEADING NAME                  MRS   NAME VARIATIONS                                               DESCRIPTION                                          USAGE                                 MAPPING TO DATA STANDARD
                                    Name                                 Examples of where used
Other agreement parties for Y       Other agreement parties for contract All                      This heading is used solely to identify those          Conditional, must only be present   Contract market
contract changes, for Part 2        changes for Part 2 GUA changes                                insurers that will agree changes affecting Part if the GUA is used (London                 Map to repeat of "Contract market", with
GUA changes only                    only                                                          Two of the GUA. The relevant GUA schedule              Placements)                         C552 ParticipantFunction set to value of
                                                                                                  separates contract changes into three parts - part                                         "other_agreement_party"
                                                                                                  one includes alterations that the slip leader may                                          T238 InsurerAddressCityName
                                                                                                  agree on behalf of all underwriters; part three                                            C480 InsurerAddressCountry
                                                                                                  details alterations that must be submitted for                                             T237 InsurerAddressNumberAndStreet
                                                                                                  agreement by all underwriters; and part two                                                T239 InsurerAddressZipOrPostalCode
                                                                                                  changes are those that are not included in part one                                        R116 InsurerContractReference
                                                                                                  and part three. Those parties, in addition to the slip                                     C478 InsurerIdentification
                                                                                                  leader, to agree part two alterations on behalf of                                         C479 InsurerIdentificationAgency
                                                                                                  the following market must be stated under this                                             T230 InsurerName
                                                                                                  heading.                                                                                   T221 ReinsurerAddressCityName
                                                                                                                                                                                             C464 ReinsurerAddressCountry
                                                                                                                                                                                             T220 ReinsurerAddressNumberAndStreet
                                                                                                                                                                                             T222 ReinsurerAddressZipOrPostCode
                                                                                                                                                                                             R009 ReinsurerContractReference
                                                                                                                                                                                             C102 ReinsurerIdentification
                                                                                                                                                                                             C103 ReinsurerIdentificationAgency
                                                                                                                                                                                             T017 ReinsurerName

Agreement parties for         Y     Other agreement parties for contract All                      State those insurers, other than the Slip Leader,    Conditional, used only where
contract changes, for their         changes, their proportion only                                who will agree contract changes on their own         insurers wish to agree contract
proportion only                                                                                   behalf.                                              changes for their own proportion.


Basis of claims agreement     Y     Basis of claims agreement            All                      The claims agreement procedure(s) must be            Mandatory                             Contract Section
                                                                                                  specified, namely the "Lloyd's 2006 Claims                                                 T354 ClaimsAgreementBasisDescription
                                                                                                  Scheme" if there are any subscribing Lloyd's
                                                                                                  syndicates and/or the "IUA claims agreement
                                                                                                  practices", if there are any subscribing bureau
                                                                                                  company insurers. Any other risk specific
                                                                                                  agreement procedures must also be included.


Claims agreement parties      Y     Claims agreement parties             All                      The name(s) or other identifier(s) of (all of) the   Mandatory                             Contract market
                                                                                                  Lloyd's syndicate(s) and/or insurance                                                      Map to repeat of "Contract market", with
                                                                                                  company(ies) to be the claims agreement parties                                            C552 ParticipantFunction set to value of
                                                                                                  should appear under this heading. These will vary                                          "claim_agreement_party"
                                                                                                  depending on the class of business and market.                                             T238 InsurerAddressCityName
                                                                                                                                                                                             C480 InsurerAddressCountry
                                                                                                                                                                                             T237 InsurerAddressNumberAndStreet
                                                                                                                                                                                             T239 InsurerAddressZipOrPostalCode
                                                                                                                                                                                             R116 InsurerContractReference
                                                                                                                                                                                             C478 InsurerIdentification
                                                                                                                                                                                             C479 InsurerIdentificationAgency
                                                                                                                                                                                             T230 InsurerName
                                                                                                                                                                                             T221 ReinsurerAddressCityName
                                                                                                                                                                                             C464 ReinsurerAddressCountry
                                                                                                                                                                                             T220 ReinsurerAddressNumberAndStreet
                                                                                                                                                                                             T222 ReinsurerAddressZipOrPostCode
                                                                                                                                                                                             R009 ReinsurerContractReference
                                                                                                                                                                                             C102 ReinsurerIdentification
                                                                                                                                                                                             C103 ReinsurerIdentificationAgency
                                                                                                                                                                                             T017 ReinsurerName
Market Reform Contract                                                                           Data Dictionary                                                             SUBSCRIPTION AGREEMENT SECTION
                                                                                                 v1.0 June 2007




HEADING NAME                MRS   NAME VARIATIONS                                                DESCRIPTION                                          USAGE                              MAPPING TO DATA STANDARD
                                  Name                                  Examples of where used
Claims administration       Y     Claims administration                 All                      All claims related information with the exception of Mandatory                          Contract Section
                                                                                                 identification of agreement parties and the claims                                      T355 ClaimsAdministrationDescription
                                                                                                 agreement procedures must be included here.
                                                                                                 Clarification is required as to which insurers will
                                                                                                 use CLASS and the use of email and/or access to
                                                                                                 repositories. Where it is intended to use the
                                                                                                 Electronic Claims File (ECF) then the following
                                                                                                 wording may be used. " Broker XYZ and insurers
                                                                                                 agree that any claims hereunder (including any
                                                                                                 claims related costs/fees) will be notified and
                                                                                                 administered via ECF with any payment(s)
                                                                                                 processed via CLASS, unless both parties agree to
                                                                                                 do otherwise."

Rules and extent of any     Y     Rules and extent of any other         All                      If any of the claims agreement parties specified       Mandatory.                       Contract section
other delegated claims            delegated claims authority                                     above have delegated any of their claims                                                T356 ClaimsDelegatedAuthorityDescription
authority                                                                                        agreement rights or procedural obligations to any
                                                                                                 other party, this is to be specified including any
                                                                                                 limits that may apply. It is the responsibility of the
                                                                                                 claims agreement insurers, i.e. those that are
                                                                                                 defined as claims parties, to update this section as
                                                                                                 necessary. It may be left blank where no such
                                                                                                 delegation is taking place.
Expert(s) fees collection   Y     Expert(s) fees collection             All                      The party(ies) responsible for the collection of  Conditional, required for direct      Contract section
                                                                                                 expert(s) fees. There are six options available   risks and some reinsurance.           T357 ExpertFeesCollectionMethodDescription
                                                                                                 under the expert(s) fees collection arrangements.
                                                                                                 These options can be found in the appendix to the
                                                                                                 Market Reform Contract Version 1.0 (June 2007).
                                                                                                 N.B. this heading is optional on reinsurance
                                                                                                 business.


Settlement due date         Y     Settlement due date                   All                      The Settlement Due Date refers to the date (day,       Mandatory                        Contract section
                                                                                                 month and year) by which the insurers wish to                                           D063 SettlementDueDate
                                                                                                 receive their premium or the due date of the 1st
                                                                                                 instalment if the premium is on a deferred basis.
                                                                                                 Please note that the date shown here is a term of
                                                                                                 trade and not a policy condition such as a
                                                                                                 “Premium payment warranty” or a “Premium
                                                                                                 payment condition”. These must continue to be
                                                                                                 shown under the Payment Terms heading in the
                                                                                                 Risk Details section. The location of the SDD in
                                                                                                 this section of the slip does not confer any change
                                                                                                 in legal effect of the SDD or the implications of non-
                                                                                                 compliance.



Instalment premium period   Y     Instalment premium period of credit   All                      The number of days to be added to the client due     Conditional, required where        Contract section
of credit                                                                                        dates of subsequent instalments. No further          premium is to be paid via          Dnnn DeferredPremiumCreditPeriod
                                                                                                 information other than the instalment premium        instalments.
                                                                                                 period of credit should be entered under this
Adjustment premium period Y       Adjustment premium period of credit All                        heading. number of days after expiry insurers
                                                                                                 Specify the                                          Conditional, required for London   Contract section
of credit                                                                                        expect the final adjustment of premium (if any) to   placements where premium is to     Q025 AdjustmentPremiumCreditPeriodNumberOfDays
                                                                                                 be paid.                                             be paid via the bureau deferred
                                                                                                                                                      scheme
Market Reform Contract                                                               Data Dictionary                                                SUBSCRIPTION AGREEMENT SECTION
                                                                                     v1.0 June 2007




HEADING NAME               MRS   NAME VARIATIONS                                     DESCRIPTION                                      USAGE               MAPPING TO DATA STANDARD
                                 Name                       Examples of where used
Bureaux arrangements       Y     Bureaux arrangements       All                      Any specific arrangements relating to the bureaux Mandatory          Contract section
                                                                                     including administrative arrangements for premium                    T358 BureauxArrangementsDescription
                                                                                     settlement, delinked accounting, and policy signing
                                                                                     or basis of policy agreement clauses may be
                                                                                     included here.
Non-bureaux arrangements   Y     Non-bureaux arrangements   All                      To be used as appropriate to record any specific    Optional         Contract Section
                                                                                     provisions relating to insurers outside of the                       T359 NonBureauxArrangementsDescription
                                                                                     bureau.
   Market Reform Contract                                           Data Dictionary                  FISCAL AND REGULATORY SECTION
                                                                    v1.0 June 2007


HEADING NAME                MRS   Name variations                                      DESCRIPTION                                 USAGE
                                  Name                        Examples of where used
                                                                                       The content of all of the fields within
                                                                                       this section of the contract is described
                                                                                       in an appendix to the Market Reform
                                                                                       Contract Version 1.0 (June 2007).

Tax payable by insurer(s)   Y     Tax payable by insurer(s)   All                      This heading should show taxes where the Mandatory
                                                                                       insurer bears the cost i.e. the taxes are
                                                                                       deductions from the premium retained by
                                                                                       the (re)insurer. Generally these include
                                                                                       income taxes, insurance levies and
                                                                                       withholding taxes but insurers can also be
                                                                                       liable for premium taxes and other
                                                                                       parafiscal charges e.g. Canadian
                                                                                       provincial premium tax, German fire
                                                                                       brigade charge or French national
                                                                                       catastrophe levy amongst others.


Country of origin           Y     Country of origin           All                      The country in which the insured, if a        Mandatory
                                                                                       private individual, lives or, if a company or
                                                                                       other body corporate, has its main
                                                                                       business address.
   Market Reform Contract                           Data Dictionary                 FISCAL AND REGULATORY SECTION
                                                    v1.0 June 2007


HEADING NAME       MRS      Name variations                            DESCRIPTION                           USAGE
                            Name              Examples of where used
Overseas broker    Y        Overseas broker   All                      For non-UK risks, the names and address Mandatory
                                                                       of the insurance intermediary prior to the
                                                                       London placing broker, involved in placing
                                                                       this contract. The insurance intermediary
                                                                       whose details are required is usually the
                                                                       intermediary who is next to the London
                                                                       placing broker in the placing chain. If no
                                                                       intermediary is involved, other than the
                                                                       London placing broker, this information
                                                                       under this heading should be "Direct
                                                                       assured " or "Direct reassured ". For UK
                                                                       risks this heading can be completed as
                                                                       "Not applicable " or "None ".
    Market Reform Contract                                Data Dictionary                   FISCAL AND REGULATORY SECTION
                                                          v1.0 June 2007


HEADING NAME           MRS   Name variations                                 DESCRIPTION                                   USAGE
                             Name                   Examples of where used
Surplus lines broker   Y     Surplus lines broker   All                      The name, & optionally the address and          Conditional, required where the
                                                                             license number of the US surplus lines          US Classification is US Surplus
                                                                             broker (or producer) involved in the            Lines.
                                                                             placing of the risk. This surplus lines
                                                                             broker will have filed details of the risk with
                                                                             a US state insurance department or other
                                                                             authority. For most risks it will also have
                                                                             arranged payment of the tax.




State of filing        Y     State of filing        All                      The US State or territory in which a filing   Conditional, required where the
                                                                             has been made, or will be made, by the        US Classification is "US Surplus
                                                                             surplus lines broker(s) mentioned in the      Lines".
                                                                             above heading.

License information    Y     License information    All                      This heading has been included for use in Optional. Not required at present
                                                                             the future. Until further instructions are for regulatory reporting.
                                                                             issued it does not need to be included
                                                                             within the contract.




US classification      Y     Us classification      All                      Only the following values should be           Conditional, required for all risks
                                                                             entered:                                      where a) the original premium is
                                                                             - US Surplus Lines                            in US Dollars; or b) the original
                                                                             - US Reinsurance                              premium is in another currency
                                                                             - Illinois licensed                           and the Country of Origin is the
                                                                             - Kentucky licensed                           US.
                                                                             - US Virgin Isles licensed
                                                                             - Non Regulated or Exempt
                                                                             - Various
   Market Reform Contract                                                  Data Dictionary                  FISCAL AND REGULATORY SECTION
                                                                           v1.0 June 2007


HEADING NAME               MRS   Name variations                                              DESCRIPTION                              USAGE
                                 Name                                Examples of where used
NAIC codes                 Y     Naic codes                          USA Reinsurance          The NAIC company code of the ceding US Conditional, required for risks
                                                                                              insurer.                                 with the US Classification of "US
                                                                                                                                       reinsurance".
Allocation of premium to   Y     Allocation of premium to coding     All                      The risk code allocated and the split of Mandatory
coding                                                                                        premium for signing purposes.




Allocation of premium to   Y     Allocation of premium to years of   All                      A breakdown of the premium by year of    Conditional, required on risks
years of account                 account                                                      account.                                 where the period exceeds 18
                                                                                                                                       months.
   Market Reform Contract                                           Data Dictionary                   FISCAL AND REGULATORY SECTION
                                                                    v1.0 June 2007


HEADING NAME                MRS   Name variations                                      DESCRIPTION                                    USAGE
                                  Name                        Examples of where used
FSA client classification   Y     Fsa client classification   All risks                FSA Client classification. There are 6        Mandatory
                                                                                       possible options. Retail: Dealing with a
                                                                                       retail customer acting outside of their trade
                                                                                       or profession. Includes sole
                                                                                       trader/partnership, where insurance
                                                                                       includes elements of retail risk. [Includes
                                                                                       private large risks within EEA, see large
                                                                                       risk. Retail exempt: Exempt insurance
                                                                                       warranty risks relating to breakdown, loss
                                                                                       of, or damage to non-motor goods
                                                                                       supplied, or travel insurance for damage
                                                                                       to, or loss of, baggage and other risks
                                                                                       linked to travel booked with a travel agent.
                                                                                       Commercial: Dealing with a commercial
                                                                                       customer, i.e. not a retail, customer.
                                                                                       Large risk: Dealing with a commercial
                                                                                       customer (Marine, Aviation, or Transport
                                                                                       (MAT), Credit and Suretyship, or Property
                                                                                       & Liability risks (based on meeting two of
                                                                                       the following criteria:- balance sheet size
                                                                                       of 6.2m euro, net turnover of 12.8m euro
                                                                                       or have more than 250 employees)).
                                                                                       Excludes any large risk insured in name of
                                                                                       a retail customer.

                                                                                       Group risks: A group policy sold to a
                                                                                       customer (retail, commercial or large risk)
                                                                                       for the benefit of policyholders in relation
                                                                                       to their common employment occupation
                                                                                       or activity where some or all are capable of
                                                                                       being a retail customer (with requirement
                                                                                       to provide a policy summary for
                                                                                       policyholders, with policy available on
                                                                                       request). Reinsurance: Reinsurance
                                                                                       worldwide.
   Market Reform Contract                                                     Data Dictionary                   FISCAL AND REGULATORY SECTION
                                                                              v1.0 June 2007


HEADING NAME                 MRS   Name variations                                                DESCRIPTION                               USAGE
                                   Name                                  Examples of where used
Is the business subject to   Y     Is the business subject to distance   All classes              This heading must be included if the Client Conditional, required if client
distance marketing                 marketing directive?                                           Classification heading specifies Retail or classification heading specifies
directive?                                                                                        Retail Exempt, or it is a private "Large    Retail or Retail Exempt.
                                                                                                  Risk" within the EEA. Otherwise, if the
                                                                                                  Client Classification heading specifies
                                                                                                  Commercial, Large Risk, Group Risks or
                                                                                                  Reinsurance it must be omitted. Where it
                                                                                                  appears the only applicable answers are
                                                                                                  Yes or No.
   Market Reform Contract                                            Data Dictionary                                  BROKER REMUNERATION
                                                                     v1.0 June 2007                                  AND DEDUCTIONS SECTION


HEADING NAME             MRS   Name variations                                          DESCRIPTION                                    USAGE
                               Name                            Examples of where used
Fee payable by Client?   Y     Fee payable by Client?          All                      The broker should specify whether the          Mandatory
                                                                                        client is paying a fee to them. This should
                                                                                        be a simple “Yes” or “No” answer.

Total brokerage          Y     Total brokerage                 All                      The total brokerage allowance. Should the      Conditional, required where retail
                                                                                        broker and insurer agree it is appropriate     and wholesale brokerage is not
                                                                                        to separate total brokerage into separate      split out.
                                                                                        retail and wholesale amounts they must
Retail brokerage         Y     Retail brokerage                All                      use the „Retail Brokerage‟ being earned by
                                                                                        The amount of brokerage and „Wholesale         Conditional, required where retail
                                                                                        the retail broker. This heading must only      and wholesale brokerage is to be
                                                                                        be used in conjunction with the „Wholesale     split out.
                                                                                        Brokerage‟ heading.
Wholesale brokerage      Y     Wholesale brokerage             All                      The amount of brokerage bring earned by        Conditional, required where retail
                                                                                        the wholesale broker. This heading must        and wholesale brokerage is to be
                                                                                        only be used in conjunction with the „Retail   split out.
                                                                                        Brokerage‟ heading.

Other deductions from    Y     Other deductions from premium   All                      Any additional deductions from premium Mandatory
premium                                                                                 e.g. administration fees, sundry payments,
                                                                                        etc. (if this does not apply, enter "None"
                                                                                        under this heading)
Market Reform Contract           Structure of ACORD
                                   Electronic Data




                         Part relevant to MRC mappings

				
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