Bordereau Detail Reports. New business and change reports shall be provided to the Reinsurer on a bordereau basis and include the following items: Policy Number Joint Life Information Name of the Insured Policy Face Amount Sex Reinsurance Amount(s) Issued Date of Birth Retained Amount Issue Age Reinsurance Net Amount at Risk Policy Date Death Benefit Option Policy Year Reinsurance Premiums Policy Duration Reinsurance Commission or Allowances Transaction Type* Policy Fee Transaction Effective Date Premium Taxes Reimbursed Table Rating Cash Values Reimbursed Flat Extra Amount and Duration Dividends Reimbursed Plan Name or Code Net Amount due the Reinsurer or the Ceding Co. Underwriting Classification * Transaction codes may be used to identify policy activity affecting reinsurance including new reinsurance issued, continuation of coverage, and policy movements or changes such as: Not Takens Decrease in Amount Surrender Cancellation of Reinsurance Lapse Recapture Reinstatement Death Conversion Expiration Exchange Other Changes Increase in Amount Separate listings shall be provided for new issues, renewals, terminations, and other adjustments.
Bordereau Detail Reports. New business and change reports shall be provided to the Reinsurer on a bordereau basis and include the following items: Policy Number Joint Life Information Name of the Insured Policy Face Amount Sex Reinsurance Amount(s) Issued Date of Birth Retained Amount Issue Age Reinsurance Net Amount at Risk Policy Date Death Benefit Option Policy Year Reinsurance Premiums Policy Duration Reinsurance Commission or Allowances Transaction Type* Policy Fee Transaction Effective Date Premium Taxes Reimbursed Table Rating Cash Values Reimbursed Flat Extra Amount and Duration Dividends Reimbursed Plan Name or Code Net Amount due the Reinsurer or the Ceding Co. Underwriting Classification * Transaction codes may be used to identify policy activity affecting reinsurance including new reinsurance issued, continuation of coverage, and policy movements or changes such as: Not Takens Decrease in Amount Surrender Cancellation of Reinsurance Lapse Recapture Reinstatement Death Conversion Expiration Exchange Other Changes Increase in Amount Listings shall be provided separately for new issues, renewals, terminations, and other adjustments. Summary reports shall be provided to the Reinsurer, which include appropriate subtotals and totals of premiums, commissions and allowances, and premium tax by reporting category and in total. Policy exhibit summaries shall also be provided to the Reinsurer showing the reinsured amounts at the beginning of the reporting period, any increases, decreases and terminations during the reporting period, and the reinsured amounts at the end of the reporting period.
