Coverholder
ReportingStandards
User Guide
Version 5.2
20 August 2019

Lloyd’s Coverholder Reporting Standards Version 5.2

Disclaimer
These Standards have been prepared by Lloyd's
based on the information available as at 20 August
2019. The intention is to update the Standards
periodically. If you are reading this in hard copy,
please visit our website for the most recent version:www.lloyds.com/coverholderreportingstandards.
While care has been taken in compiling theStandards and producing this document, Lloyd's
does not make any representations or warranties
as to the accuracy or completeness of theinformation contained herein and expressly
excludes to the maximum extent permitted by law
all those that might otherwise be implied.

Lloyd's accepts no responsibility or liability for any
loss or damage of any nature occasioned to any
person as a result of acting or refraining fromacting as a result of, or in reliance on, any
statement, fact, figure or expression of opinion or
belief contained in this document.

© Lloyd’s 2019. All rights reserved.

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Lloyd’s Coverholder Reporting Standards Version 5.2

Contents
1

Changes introduced in Version 5.2

72
Introduction
Benefits
How do the standards work?
Lloyd’s mandate
Collect information once and reuse where possible
Claims MI
TOM COB standards
Local office reporting
The User Guide
The Market Business Glossary
DA SATS
ACORD

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Risk/Premiums Standard
Summary of the standard
The report and the contract of delegation
ReportContract of delegation
Lead syndicate
Co-insurance code
Year of accountThe distribution chain
Lloyd’s platform
Coverholder
London broker
Other intermediaries
Surplus lines broker
The insured
Insured name
Personal, commercial and industrial sector of the insured
Insured tax code
Risk factor
Professional fees
Insured assets
Location
Location of the insured
Location of the risk
Number of locations
Location of loss
Type and class of businessInsurance or reinsurance and type of reinsurance
Class of business
Policy references and key dates
Certificate referenceGroup reference
Inception and expiry dates

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Lloyd’s Coverholder Reporting Standards Version 5.2

Period of cover
Policy issuance date
Date on which cover was first issued
Total gross written premium
Original currency
Total gross written premium
Estimated premium income
Coverholder Commission
Local sub-producer commission
Lloyd’s brokerage amount for the risk
Net premium to underwriters for the risk
Sum insured, deductibles, claims basis, limit of indemnity
Sum insured
Deductible / excess
Claims basis
Limit of indemnity
Transaction types and dates
Risk transaction typeTransaction dates
Reason for cancellation
Reason for endorsement
Reason for reinstatement
Instalments
Taxes/levies and fees
Taxes/levies
Fees 20
Paid premium transactions
Paid premium information
Detail to be added by the broker in London

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ClaimsReporting claims
Summary of the standard
TPAs/DCAs and Claimants
TPA/DCA
Claimant
Information to appear on all claims submissions
Claim reference
Mandatory information for all claims
Location
Location of risk
Location of loss
Other risk details
Cause of loss and catastrophes
Cause of loss
Catastrophes
Claim status, referrals, denials and key dates
Claim status
Referred claims
Denials
Key dates
Indemnity and fees
Indemnity
Fees 25
Experts and other claim details
Experts

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Lloyd’s Coverholder Reporting Standards Version 5.2

Other claim details
Claims MI

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5
Aircraft, vehicle, ship and vessel information
Risk/premiums
Country of registration
Registration number
Period of cover
Number of vehicles
Type of vehicle
Wet marine
Number of vessels

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Accident and healthClaims27
27

7
EU services and establishment business
Risk/premiums
Freedom of services
Freedom of establishment

28
28
28
28

8
High product risk products
Risks/premiums
Claims

29
29
29

9

Australia
Public and product liability and professional indemnity insurance
Risk/Premium
ClaimsHeads of damage
All classes

30
30
30
30
30
31

10 Hong Kong
Risk 32
Claims32

11Singapore34

12 South Africa
Risk/premiums
Claims36
36
36

13 Risks located in Spain
Background
What has changed?
Determining if a risk is located in Spain
Determining the postcode

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37

14 UK
Risk/premiums
UK Flood Re
UK Pool Re
UK Employers’ Liability Tracing Office (ELTO)

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15 US
Risk/Premiums

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40

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US Classification
NAIC code
State of filing
Surplus lines
Terrorism
ClaimsMedicare

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41

16 Lloyd’s Brussels
Risk 43
Premiums
Claims43

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Appendix One - Field definitions

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Appendix Two – Cover Type

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Lloyd’s Coverholder Reporting Standards Version 5.2

1 Changes introduced in
Version 5.2
Spain
The postcode of the location of risk must bereported for any risks located in Spain. As per
Market Bulletin Y5250, this must be provided from
1 June 2019.
All other changes should be implemented by
September 2020.

Personal/Commercial and theIndustrial Sector of the insured
All classes and territories - In addition to theexisting requirements to provide the trade orindustry of the insured for some types of businessfor Australia, Hong Kong, UK and US; the trade orindustry of the insured must be provided for allcommercial risks.
UK/EEA High Product Risk Products, South
Africa and Australia only - There are also
updates to definitions for policyholder type andinsured total number of employees, which apply to
UK/EEA High Product Risk Products, South Africa
and Australia only.

Multi-section / multi-platform binders
Section number/reference to be provided for any
multi-section binders. Lloyd’s platform to beprovided for Lloyd’s Brussels/Lloyd’s Asia where
this cannot be determined from the binder or
section reference.

Singapore
Alignment to current requirements for Singapore
Risk Register.

Hong Kong
Further alignment to existing Hong Kong Risk andClaims returns requirements.

Lloyd’s Brussels
Additional data to be provided as part of Lloyd’s
Brussels Risk submission. New requirements to
identify and report all annuity type claims
separately. Minor changes to definition of VAT on
claims fees fields. Number of instalments andinstalment basis to be provided where known for
Lloyd’s Brussels.

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Lloyd’s Coverholder Reporting Standards Version 5.2

2 Introduction

apply for any risks and claims attached to any
binding authority agreements, or coverholder
appointment agreements, incepting or renewing
from July 2017 onwards. Lloyd’s has not mandated
that a particular format is used for reporting.

Coverholders are given authority to write risks onbehalf of Lloyd’s syndicates via binding authority
agreements and Lloyd’s Brussels coverholder
appointment agreements.

Collect information once and reuse
where possible

Part of the contractual agreement is that thecoverholder regularly reports risk, premium andclaims information to the Lloyd’s syndicates and
Lloyd’s Brussels.

From a Lloyd’s perspective, it is only required that
information is collected once.
Where risk information has been provided in a
separate submission, for example in a written riskbordereau, it is not a requirement that suchinformation is provided again in a paid premium
report.

Benefits
The purpose of the standards is to make it easier towork with the Lloyd’s market by creating aconsistent request for data from coverholders andthird-party administrators (TPAs, now known as
Delegated Claims Administrators (DCAs)).

There are examples where processes and systems
mean that the same information must appear
together with risks, or premiums or claims. For
example, it could be required to submit the samedetails about the risk with premiums, and again tosubmit claims to the central services bureau andthis is reflected in the standards where the same
information is required for both premiums andclaims.

The standards state the core set of regulatory, tax,
premiums and claims information coverholders and
TPAs/DCAs are required to report into the Lloyd’s
market for all classes of business in all territories.
By using the Lloyd's standards, all coverholders
and TPAs/DCAs can be assured that they aremeeting all Lloyd's tax and regulatory
requirements, and therefore it is strongly
encouraged that all coverholders adopt thesestandards.

Claims MI
Lloyd’s claims standards include information on
claims and claims management information (MI).
Claims MI does not have to be reported on thesame submission as the other claims data
discussed here but should be collected in the mostappropriate way for each binding authority contract
or coverholder appointment agreement.

How do the standards work?
The standards apply to all coverholders and to
TPAs/DCAs with claims authority.
Where a coverholder does not have authority to
manage claims they may not be expected toprovide a claims report.

TOM COB standards
The class of business standards agreed throughthe London Target Operating Model (LM TOM) do
NOT form part of version 5.1. Underwriters willcontinue to request this additional class specificinformation.

Not all the information stated is required from eachcoverholder or TPA/DCA; some requirements only
apply to certain territories or classes of business.
Appendix One below, and the Market Glossary(see 1.11), may be used to identify therequirements for specific territories and classes.

Local office reporting
Some Lloyd’s local offices will also need to request
additional information to facilitate tax andregulatory reporting locally.

Some coverholders will have been provided withsystems by their London brokers or Lloyd’s
syndicates which already collect this information,and in some cases, the information will already be
known in London.

The User Guide
The User Guide provides guidance on theinformation which must be captured. A summary isgiven of the fields to be reported and more detail
given of what is required. Appendix One lists all
fields and definitions.

Lloyd’s premium reporting standards are comprisedof risk and paid premium transaction information.

Lloyd’s mandate
In response to market request Lloyd's mandated
that all Lloyd’s syndicates request and collect dataconsistent with the requirements in Lloyd’s
Coverholder Reporting Standards where these

Lloyd’s website provides access to the User Guide
and spreadsheet templates which may help withyour reporting8

Lloyd’s Coverholder Reporting Standards Version 5.2

https://www.lloyds.com/marketresources/delegated-authorities/compliance-andoperations/reporting-standards

Lloyd’s Brussels will not support business written
by service companies submitted via Lloyd’s Direct
Reporting (LDR) and data for all service company
business should be submitted to DA SATS.

The Market Business Glossary
The Market Business Glossary provides clear

ACORD

guidance on the risk, premium, claim and reference

Lloyd’s coverholder reporting standards provide
details of the information to be reported. One way
in which this information can be reported is byusing Extensible Markup Language (XML).

data that is required for different regions andterritories and can be used to identify therequirements for particular binding authorities. All

ACORD (Association for Cooperative Operations
Research and Development) is the global
standards-setting body for the insurance andrelated financial services industries. Lloyd’s has
worked with ACORD to ensure ACORD XML canbe used to meet Lloyd’s Coverholder ReportingStandards requirements. ACORD standards may
be used to provide the information discussed
below.

market stakeholders are entitled to access theMarket Business Glossary.
When using the Market Business Glossary tounderstand location specific data requirements,
please remember to consider the location of therisks, insureds and the coverholder.
Register here: -All Lloyd’s coverholders are now eligible for a freecustom ACORD membership. Lloyd's coverholders
will have access to ACORD Delegated Authority
Data Standards, information, training, and othervaluable resources.

https://glossary.londonmarketgroup.co.uk/register

Access the Market Business Glossary here –https://glossary.londonmarketgroup.co.uk/

DA SATS
Lloyd’s will have access to data from the newcentral delegated authorities submission, accessand transformation services (DA SATS) for tax,
regulatory and oversight reporting purposes.

Coverholders should register here: www.acord.org

Lloyd’s recommends the use of DA SATS in all
territories as this may remove the need for existingor new returns. Should you plan to use DA SATS
for these purposes, please contact Lloyd’s todiscuss practicalities.
For any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels it is mandatory
for managing agents to ensure risk and premium
data is provided to DA SATs. It is also mandatory
to ensure that claims data for these risks isprovided to DA SATS unless ALL claims under thecoverholder appointment agreement are
individually agreed and individual transactions areprocessed via the Electronic Claims File (ECF)
and/or the Claims Loss Advice and Settlement
System (CLASS).
For any risks or claims incepting on coverholder
appointment agreements with Lloyd’s Brussels it ismandatory for Lloyd’s syndicates to ensure thatdata is provided to DA SATS.
The coverholder or TPA/DCA may either submit
directly to DA SATS, or to the Lloyd’s broker or
syndicate who will then submit the data to DA
SATS, depending on agreement.

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Lloyd’s Coverholder Reporting Standards Version 5.2

3 Risk/Premiums Standard

CR0101
CR0102
CR0037
CR0021
CR0036
CR0038CR0040
CR0046
CR0047CR0049CR0026
CR0227
CR0226

Summary of the standard
Lloyd’s “Premium” standards are comprised of risk
and paid premium information. The following tablelists all the fields in Lloyd’s Risk/Premiums
standards.
Not all the fields are required for all risks and all
premiums. Red fields are mandatory and should
always be reported. Yellow fields are conditional
and are only required when conditions (for example
territory or class apply) – see details below.

CR0033

For Hong Kong and Lloyd’s Brussels, there are
requirements for some of this risk data to besubmitted within time-frames; see further details
below; this may be done by submitting a separate
risk or combined risk and premium submission.
CR0013CR0014CR0005CR0006CR0001CR0002CR0007CR0017CR0016CR0019CR0011CR0010
CR0029CR0034
CR0035
CR0039CR0041
CR0022
CR0030
CR0031
CR0050
CR0048CR0056
CR0057CR0058CR0020
CR0059CR0060
CR0061
CR0062
CR0063CR0064
CR0065
CR0066
CR0067
CR0068CR0025
CR0088CR0096
CR0097
CR0098CR0099CR0100

Risk/Premiums
Coverholder nameCoverholder PIN
Unique Market Reference (UMR)
Agreement No
Reporting Period Start Date
Reporting Period (End Date)
Section No
Class of Business
Risk CodeType of Insurance (Direct or Type or Reinsurance)
London Broker ReferenceYear of AccountCertificate Ref
Insured First Name
Insured Full Name, Last Name or Company Name
Insured Country Sub-division: State, Province,
Territory, Canton etc.
Insured Country
Risk, Transaction Type
Risk Inception Date
Risk Expiry Date
Location of risk - Country
Location of Risk - Country Sub-division: State,
Province, Territory, Canton etc.
Transaction Type - Original Premium etc.
Effective Date of Transaction
Expiry Date of Transaction
Original Currency
Gross premium paid this time
Terrorism premiumCommission %Commission Amount
Accessori (Italy)
Total Taxes and Levies
Net Premium to London in original currency
Settlement Currency
Rate of Exchange
Net Premium to London in Settlement Currency
US Classification
State of Filing (see code list)
Surplus Lines Broker Name
Surplus Lines Broker Licence No
New Jersey SLA No
Surplus Lines Broker Address
Surplus Lines Broker State (see code list)

10CR0225
CR0032
CR0027
CR0028CR0018CR0051
CR0052
CR0053CR0054CR0055
CR0083
CR0077
CR0078
CR0079CR0080
CR0081
CR0082CR0083CR0084
CR0085
CR0077
CR0078
CR0079CR0080
CR0081
CR0082CR0083CR0084
CR0085
CR0077
CR0078
CR0079CR0080
CR0081
CR0082CR0083CR0084
CR0085
CR0077
CR0078
CR0079CR0080
CR0081
CR0082CR0083CR0084
CR0085
CR0077
CR0078

Risk/Premiums
Surplus Lines Broker Zip CodeSurplus Lines Broker Country (see code list)
NAIC CodeTotal gross written premium
Fiscal Code (codice fiscale)
Insured Address
Insured Postcode, Zip Code or Similar
Location of Risk, Address
Location of Risk, County
Location of Risk, Postcode, zip code or similar
Policy or Group Ref
Referred to London
Country of Registration
Name or Registration No of Aircraft Vehicle, Vesseletc.
IMO Ship Identification Number
Period of Cover - Narrative
Number of Policies
Number of Vehicles
Wet Marine Indicator
Sum Insured Currency
Sum Insured Amount
Deductible or Excess Currency (see code list)
Deductible or Excess Amount
Deductible or Excess BasisTax AmountTax 1 - Jurisdiction: Country, State, Province,
Territory
Tax 1 - Tax TypeTax 1 - Amount of Taxable PremiumTax 1 - %Tax 1 - Fixed Rate
Tax 1 - MultiplierTax 1 - AmountTax 1 - Administered By
Tax 1 - Payable By
Tax 2 - Jurisdiction: Country, State, Province,
Territory
Tax 2 - Tax TypeTax 2 - Amount of Taxable PremiumTax 2 - %Tax 2 - Fixed Rate
Tax 2 - MultiplierTax 2 - AmountTax 2 - Administered By
Tax 2 - Payable By
Tax 3 - Jurisdiction: Country, State, Province,
Territory
Tax 3 - Tax TypeTax 3 - Amount of Taxable PremiumTax 3 - %Tax 3 - Fixed Rate
Tax 3 - MultiplierTax 3 - AmountTax 3 - Administered By
Tax 3 - Payable By
Tax 4 - Jurisdiction: Country, State, Province,
Territory
Tax 4 - Tax TypeTax 4 - Amount of Taxable PremiumTax 4 - %Tax 4 - Fixed Rate
Tax 4 - MultiplierTax 4 - AmountTax 4 - Administered By
Tax 4 - Payable By
Tax 5 - Jurisdiction: Country, State, Province,
Territory
Tax 5 - Tax Type

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0079CR0080
CR0081
CR0082CR0083CR0084
CR0085
CR0086
CR0087
CR0089CR0090
CR0091
CR0092
CR0093CR0094
CR0095
CR0089CR0090
CR0091
CR0092
CR0093CR0094
CR0095
CR0169CR0069
CR0070
CR0071
CR0072
CR0073
CR0074
CR0075
CR0076
CR0278
CR0279CR0280
CR0299CR0315
CR0201
CR0202
CR0354
CR0360
CR0322
CR0325
CR0357
CR0324
CR0358
CR0359CR0356
CR0175
CR0326
CR0327
CR0328
CR0329CR0374
CR0170
CR0172
CR0173
CR0320
CR0321
CR0323
CR0330
CR0331
CR0332
CR0333
CR0334
CR0335

Risk/Premiums
Tax 5 - Amount of Taxable PremiumTax 5 - %Tax 5 - Fixed Rate
Tax 5 - MultiplierTax 5 - AmountTax 5 - Administered By
Tax 5 - Payable By
Other Fees or Deductions Description
Other Fees or Deductions AmountIntermediary 1 - Role
Intermediary 1 - Name
Intermediary 1 - Reference No etc.
Intermediary 1 - Address
Intermediary 1 - Country Sub-division: State,
Province, Territory, Canton etc.
Intermediary 1 - Postcode, zip or similarIntermediary 1 - Country (see code list)
Intermediary 2 - Role
Intermediary 2 - Name
Intermediary 2 - Reference No etc.
Intermediary 2 - Address
Intermediary 2 - Country Sub-division: State,
Province, Territory, Canton etc.
Intermediary 2 - Postcode, zip or similarIntermediary 2 - Country (see code list)
Notes
Brokerage % of gross premium
Brokerage Amount (Original Currency)
Final Net Premium (Original Currency)
Final Net Premium Settlement Currency (see code
list)
Final Net Premium Rate of Exchange
Brokerage Amount (Settlement Currency)
Final Net Premium (Settlement Currency)% for Lloyd's
Insured - Policyholder Type
Insured - Total Number of Employees
Insured - Revenue or Turnover
Reason for Cancellation
Policy issuance date
Terrorism acceptance date
Terrorism declination date
Policy basis
APRA product type
Original inception dateInsured Assets
Insured Professional Fees
Insured occupation/nature or organisation
Other risk factor description
Other risk factor value
Limit of indemnity
Participation % ceded
Additional insured policy type
Additional insured employer name
Additional insured ERN exempt flag
Additional insured employer reference number
Pool Re Zone
A-Buildings
C-Contents
D-Business Interruption
Reason for endorsement
Reason for reinstatement
Number of locations
FRID
Property Type
Eligibility Category
Resilience Work
Basement
Basement Usage

11

CR0336
CR0337
CR0338
CR0339CR0340
CR0341
CR0342
CR0343
CR0344
CR0345
CR0346
CR0347
CR0348CR0349CR0350CR0351
CR0352
CR0353
CR0377
CR0378
CR0235
CR0270
CR1250
CR1251
CR1256
CR1268
CR1269
CR1270
CR1272
CR1275
CR1276
CR1277
CR1278
CR1279
CR1280
CR1281
CR1282
CR1283
CR1284
CR1285
CR0236
CR0237
CR0288
CR0289CR0925
CR1271
CR1288CR1292
CR1294
CR1295
CR1297
CR1298CR1299Risk/Premiums
No of bedrooms
Wall construction
Roof Construction
Rebuilding cost
Rebuilding basis indicator
Transaction Rating Date
Building Excess Amount
Building New Annual Premium
Building Transaction Premium
Building Alternative Accommodation Limit
High Value Art
Contents Blanket Sum Insured
Contents Transaction Rating Date
Contents Excess Sum
Contents New Annual Premium
Contents Transaction Premium
Contents Alternative Accommodation Limit
Property Total Premium Payable
Cover Type - level
Distribution Channel
Coverholder Commission Amount for the wholerisk/written premiumTax amount for the whole risk/written premium
IA-Levy - Co-insurance code
IA-Levy - Total gross written premium amountNIF - Insured identification number
Lead syndicate number
Hong Kong Insured Occupation CodeIA Accounting Class
IA Sub-accounting classType of vehicle – code
Number of vessels
Estimated premium income
Lloyd's brokerage amount for the risk
Management expense
Net premium to underwriters for the risk
Cover type – level 1
Cover type – level 2
Cover type – level 3
Australia insured occupation code
UK insured occupation code
New! Total taxes paid locally
New! Total London taxes
New! Number of Instalments
New! Instalment Basis
New! Total Fee Amount
New! Accessori Written Amount
New! 100% Net Written Premium in USD
New! Amount of Taxable Written Premium
New! Local sub producers commission amount
New! Local sub producers commission %New! Lloyd’s Platform
New! Industrial sector of the insured
New! Reinsurance basis

The report and the contract ofdelegation
ReportWe need to know the period the report relates to.
Ideally you should provide the start (CR0001) andend date (CR0002) of the period for which this is areport; and where the report is for longer than amonth such detail must always be given.

Lloyd’s Coverholder Reporting Standards Version 5.2

X = New! Where lead has confirmed they’re
not paying the levy on behalf of the follower

Contract of delegation



Coverholders are given authority to write risks onbehalf of Lloyd’s syndicates via binding authority
agreements and Lloyd’s Brussels via coverholder
appointment agreements. The contract will
provide details of the type of delegation and thelevel of authority given to the coverholder. Where
the business is being written through a Lloyd’s
platform such as Lloyd’s Brussels, details of thismay also be provided in the binding authority
agreement or coverholder appointment agreement.

The year of account (CR0010) is the year in which
an insurance or reinsurance contract that isunderwritten by a Lloyd’s syndicate is allocated foraccounting purposes and into which all premiums
and claims arising in respect of that contract arepayable.

Year of accountFor business written under a binding authority or
coverholder appointment agreement, Lloyd's yearof account will typically be the year in which theagreement, was incepted; however, for multi-year
agreements, the agreement may have beentransferred to a new year of account.

We need to know which binding authority
agreement or coverholder appointment agreement
the report relates to.
The UMR (CR0005), or unique market reference, isa reference assigned to the binding authority or
coverholder appointment agreement by the Lloyd's
market. The UMR includes a reference to the
London broker.

All policies written under such agreements shouldbe allocated to the year of account to which theagreement has been allocated, not the year inwhich the policy was issued.

Where the UMR is not known by the coverholder or
TPA/DCA; the agreement number (CR0006)
should be stated.

Where business is being written through a Hong
Kong domiciled coverholder or service company,
regardless of the location of the actual risk; theyear of account must be provided.

When reporting claims; the inception (CR0008) andexpiry dates (CR0009) of the binding authority
agreement must also be reported.

For other business the London broker will need toensure the year of account is provided to processtransactions.

New! Where a binding authority agreement orcoverholder appointment agreement consists ofmany sections; it is common that different
stakeholders should only have access to data fordifferent sections. It is mandatory to provide thesection reference (CR0007) for any such multisection agreements.

The distribution chain
Lloyd’s platform
Lloyd’s platforms exist to enable the placing ofbusiness in different geographical regions; forexample, Lloyd’s Brussels. Usually the binding
authority or coverholder appointment agreement
will only relate to one platform. New! Where there
are multiple platforms in the same section of thebinding authority or coverholder appointment
agreement, then the platform (CR01297) must be
specified.

Lead syndicate
Where business is being written through a Hong
Kong domiciled coverholder or service company,
regardless of the location of the actual risk; thefour-digit reference to identify the Lloyd’s syndicate
leading the binding authority contract (CR1268)
must be provided.

Coverholder
The name of the coverholder (CR0013) should
always be given. If the coverholder has multiple
locations or branches, then the branch should also
be identified.

Co-insurance code
Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk; you must specify whether the risk has been
written on a co-insurance basis with the company
market and if so, whether Lloyd's participants are
acting in a lead or following capacity (CR1250)
using one of the following values: The coverholder PIN (CR0014) is a unique
identifier which is allocated by Lloyd’s when an
organisation is approved as a Lloyd’s coverholder.
Each branch is allocated a unique PIN. Where the
PIN is known this should be stated in addition to
the name of the coverholder. Where business isbeing written through a Hong Kong domiciled
coverholder or service company, regardless of the

L = Lead
F = Follower
N = Not co-insurance

12

Lloyd’s Coverholder Reporting Standards Version 5.2

location of the actual risk; the coverholder PIN
must be provided.

Personal, commercial and industrial
sector of the insured

London broker

Increasingly regulators are interested in knowing
whether business is commercial or personal for anindividual “any natural person acting for purposes
outside his trade, business or profession” or acommercial business, the size of the business andthe industrial sector of the insured. It is also now arequirement to collect eligible complainants’ dataworldwide. In many territories there are standard
codes which can be used to provide suchinformation.

The following information is needed to processtransactions, but this does not have to be provided
by the coverholder - The unique reference
assigned to the London broker (CR0011).
The London broker needs to ensure that thisreference is provided if it cannot be deduced fromthe UMR. The broker may choose to do this on thebordereau or on a separate accompanying
document.

New! The definition for policyholder type (CR0278)
and for insured total number of employees(CR0279) have been updated to reflect changes toregulatory requirements

Where this information is known by the coverholder
they may choose to provide this as part of theirsubmission.

Other intermediaries

The details of the nature of the insuredorganisation/occupation must be provided inAustralia for reporting to APRA on public andproduct liability and professional indemnity
insurance (CR1284).

Where other intermediaries; for example, open
market correspondents, producing brokers andlocal brokers; have been involved in the transaction
this may mean that additional taxes or regulations
apply.

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk, the insured occupation must be provided(CR1269).

The details of intermediaries should be provided
where necessary including their: Role (CR0089)
Name (CR0090)
Any reference numbers or licence numbers(CR0091)
Address, including the state/province/territoryetc. where appropriate, the post/zip code andthe country. (CR0092, CR0093, CR0094 andCR0095)

Where the location of risk country (CR0050) is theUK; or the insured or reinsured country (CR0041)
is the UK for all commercial risks where the type of
insurance (CR0019) is direct, incepting from 1
January 2019 the standard industrial classificationof economic activities, the SIC, must be provided(CR1285).

Surplus lines broker

The NAIC code (CR0037) assigned by the National
Association of Insurance Commissioners must be
given for the ceding US insurer, that is the US
reinsured; for any business classified as US
reinsurance; and may also be provided for
insurance.

The Surplus Lines broker whose details areprovided is the intermediary who has filed details of
the insured risk with a US state insurance
department or other authority. For most risks it will
also have arranged payment of the tax.
If the contract is classified as “US surplus lines”, itis mandatory to provide details of the surplus lines
broker – please see US section below.

New! Mandatory, to be provided by 1 September
2020, where the type of insurance (CR0019) is
direct, then in addition to the requirements above,
one of the following must be provided –The insured

Insured name
We need to know the name of the insured(CR0035); or for reinsurance, the details of thereinsured. This may be the name and address of afirm, practice, sponsoring employer, company, life
assured or policyholder.



Where the insured is an individual, the first namecan be provided separately (CR0034).

13

Australian Insured Occupation Code,ANZSIC (CR1284);
Hong Kong Insured Occupation Code(CR1269);
UK Insured Occupation Code, SIC(CR1285)
US, NAIC Code (CR0037)

Lloyd’s Coverholder Reporting Standards Version 5.2

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The Industrial Sector of the Insured(CR1298). The insured to be classified as
one of the following
UNKNOWNPERSONAL LINES - Any natural person
acting for purposes outside his trade,business or profession
MULTIPLE RISKS - Facility with multiple
risks including a mixture of industries.
A. AGRICULTURE, FORESTRY ANDFISHING
B. MINING AND QUARRYING
C. MANUFACTURING
D. ELECTRICITY, GAS, STEAM AND AIR
CONDITIONING SUPPLY
E. WATER SUPPLY; SEWERAGE,WASTE MANAGEMENT AND
REMEDIATION ACTIVITIES
F. CONSTRUCTION
G. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES AND
MOTORCYCLES
H. TRANSPORTATION AND STORAGE
I. ACCOMMODATION AND FOODSERVICE ACTIVITIESJ. INFORMATION AND
COMMUNICATION
K. FINANCIAL AND INSURANCEACTIVITIESL. REAL ESTATE ACTIVITIES
M. PROFESSIONAL, SCIENTIFIC ANDTECHNICAL ACTIVITIES
N. ADMINISTRATIVE AND SUPPORTSERVICE ACTIVITIES
O. PUBLIC ADMINISTRATION AND
DEFENCE; COMPULSORY SOCIALSECURITY
P. EDUCATION
Q. HUMAN HEALTH AND SOCIAL WORKACTIVITIES
R. ARTS, ENTERTAINMENT AND
RECREATIONS. OTHER SERVICE ACTIVITIEST. ACTIVITIES OF HOUSEHOLDS AS
EMPLOYERS; UNDIFFERENTIATEDGOODS-AND-SERVICES-PRODUCING
ACTIVITIES OF HOUSEHOLDS FOROWN USE
U. ACTIVITIES OF EXTRATERRITORIAL
ORGANISATIONS AND BODIES

Where risks are located in Spain, Navarra, forpersonal insureds, we need to know the NIF
Numero de Identificacion Fiscal, the Tax
Identification Number of the insured (CR1256); forcommercial organisations, we need to know the
CIF Certificado de Identificación Fiscal).

Risk factor
Risk factor is a measure of the relative exposurethat the policy represents.
In Australia for public and product liability andprofessional indemnity insurance; you must report
either: the turnover (CR0280)
assets (CR0325)
professional fees (CR0357)
total number of employees (CR0279) oranother risk factor value (CR0358) andrisk factor description (CR0359)

Professional fees
The insured’s most recent prior year’s annual
professional fees represented by this risk record(CR0357).

Insured assets
The insured’s most recent prior year’s businessassets (CR0325).

Location
Location of risk is not necessarily the territory
where the risk itself is geographically located, nor isit necessarily the territory in which the insured
resides: 'Location of risk' is the country, state or territory inwhich an insured risk is deemed to be located forregulatory and tax purposes.
An insurance policy may cover several risks
located in multiple territories. This is called a 'global
contract' and may give rise to regulatory obligations
and tax liabilities in different territories.
It is also possible for a risk to be “located in” morethan one territory for regulatory purposes.
How is location of risk determined?

Insured tax code

The definition of a 'local risk' is often detailed ineach territory's insurance legislation. Local risks
are those whose insurance is governed by the
territory's insurance laws and are subject to its
premium taxes or other fiscal charges.

Where the insured is located in Italy, their fiscal
code or codice fiscali (CR0036) must be given
when reporting risks and premiums.

In addition to the territory's local risk definition there
may be specific rules that apply to each class ofbusiness to help to determine the risk location.

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Lloyd’s Coverholder Reporting Standards Version 5.2

The Lloyd's 'Risk Locator' provides guidance onclass specific rules for determining risk location.
This guidance should be used in conjunction with
the information in Crystal to determine in which
territory the risk is located and whether or not it iscovered by local laws.

to designate the country most appropriate in thecircumstances as the “country of origin”.
If the insured is located in a country withsubdivisions such as states, provinces, territories
or cantons, then this must be specified (CR0039).
The full address (CR0038) and postcode (CR0040)
of the insured is required if the insured is located in
Italy, Kentucky, Portugal, Spain, South Africa; andfor high product risk products where the insured islocated in the UK or EEA; and for terrorism risks
located in Australia.

https://www.lloyds.com/tools-and-systems/crystal
The key questions to ask about an insurance
contract are:Is it insurance or reinsurance?
Lloyd's holds separate authorisations for insurance
and reinsurance world-wide, so it is important toconsider this when defining risk location.

It is strongly recommended that the full address
and postcode of the insured is always provided.

What class of business is being written?

Location of the risk

For direct insurance, different classes of business
may have different regulatory risk locations.

The location of the risk is a key factor when Lloyd’s
comes to report to regulators and pay any taxes it
has responsibility for.

Where is the insured / reinsured located?

The means of determining risk location may varydependent on the type of business and country oforigin. In addition, different levels of information
will be required dependent on the location of therisk; however, the country in which the risk islocated must always be provided. (CR0050).

The location of the insured or reinsured can dictate
regulatory risk location for certain classes ofbusiness.
What is the physical location of the insured risk?
The geographical location of the risk dictates
regulatory risk location for certain classes ofbusiness.

When reporting on spreadsheets, some risks mayneed to be split across a series of rows of detailwhere elements of the risk are located in more than
one territory.

Tools to help you

The country should always be specified (CR0050).

Lloyd's risk locator tool can be used to help
determine the risk location. Lloyd's tax andregulatory tool, Crystal, can be used to determine
the level of detail needed.
https://www.lloyds.com/tools-and-systems/risklocator

If the risk is located in a country with subdivisions
such as states, provinces, territories or cantons,
then this must always be specified (CR0048).
For risks located in Navarra (NV), Alava (AL),
Guipuzcoa (GU) or Vizcaya (VZ), we need to know
the region in which the risk is located (CR0048).

Location of the insured
We need to know the country (CR0041) in which
the insured is resident, if they are a private
individual, or has its main operating address, if it isa corporate body.

The full details of the address (CR0046), including
the county (CR0047) and the postcode (CR0049)
must be provided for any risks located in France,
Italy, Kentucky, Portugal, and Spain; and for UK
Flood Re properties and terrorism risks located inAustralia.

The country of origin is: For a reinsurance contract, the country inwhich the ceding insurer’s office; i.e. thereinsured, is situated
For a global or multi-national policy, thecountry in which the insured’s head or main
office is situated
For a master policy, the country in which themaster policyholder is situated

The country of registration is required for all
aircraft, vehicles, ships and vessels. (CR0226).

Number of locations
For UK Flood Re properties, the total number oflocations covered by the policy (CR0323) must be
given.

If there are multiple parties with an interest in therisk domiciled in different countries, it is necessary

Location of loss
When reporting claims, the country where the loss
occurred must always be reported (CR0116).
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Lloyd’s Coverholder Reporting Standards Version 5.2

Where relevant; the country subdivision, the state,province or territory; must be reported (CR0114).

When considering the class of business, consider
the subject of insurance – what is being insured?

The full address of the loss (CR0112) and thepostcode (CR0115) must also be reported if
known.

What are the underlying causes or perils that drive
the need for the insurance cover?
What is the outcome that the insurance contract
provides cover against for the insured item? Whatmight happen to the subject of the insurance if theperil occurs?

For any US claims, the county in which the loss
occurred must be reported. (CR0113).

Type and class of business

Lloyd’s classifies business using risk codes.
Details of Lloyd’s risk codes can be found on
Lloyd’s website https://www.lloyds.com/marketresources/underwriting/risk-codes

Insurance or reinsurance and type ofreinsurance
We need to know if the risk is insurance orreinsurance and if reinsurance the type ofreinsurance. Reinsurance is the insurance of an
insurance company.

One or more of the following must be provided: A binding authority or coverholder appointment
agreement, will include one or more sections
which specify the class of business for which
the coverholder has been given authority towrite risks. The section, and therefore class ofbusiness, to which the risk relates should bereported. (CR0007)

A textual description of the class of business(CR0017)

The risk code which relates to the transaction
should be specified if known. (CR0016)
Where the risk or insured location is South Africa,
excluding reinsurance, the type of cover being
provided by the policy must be specified (CR0377,
CR1281, CR1282, CR1283).


If the risk is insurance, you must specify "direct"(CR0019).
If the risk is reinsurance you must specify(CR0019) whether it isFacultative
TreatyExcess of loss

Reinsurance basis is the high-level classification of
the terms of the reinsurance contract. For
proportional reinsurance contracts, the reinsurer
receives a predetermined percentage of premiumand pays a predetermined percentage of cedant
claims. Examples include quota share and surplus
reinsurance contracts. For non-proportional
contracts, the reinsurer’s payment is subject to a
deductible or other non-proportional element sothat the reinsurance recovery is not a fixedproportion of the cedant’s loss. Examples include
excess of loss per risk and or stop loss
reinsurance.

In Australia for reporting to APRA on public andproduct liability and professional indemnity
insurance the product code defined by APRA must
be provided (CR0360).
Where the business is written through a Hong
Kong domiciled coverholder or service company,
regardless of the actual location of the risk, the IA
accounting class (CR1270) and where relevant the
IA accounting sub-class (CR1272) must be
provided.

Proportional reinsurance is where recoveries are a
fixed percentage of the cedant’s loss.

For any risks incepting on any coverholder
appointment agreements with Lloyd’s Brussels
either Lloyd's risk code (CR0016) or a class ofbusiness description (CR0017) must be given.

Non-proportional reinsurance is where recoveries
are not a fixed percentage of the cedant’s loss.
New! For any risks incepting on coverholder
appointment agreements with Lloyd’s Brussels
where type of insurance (CR0019) is not Direct oneof these values to be provided
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Policy references and key dates
Certificate reference
For all risks a unique reference such as thecertificate ID must be provided (CR0029).

Proportional
Non-proportional

Group reference

Class of business

Where there are a group of risks under one policy,
you must provide the policy or group reference(CR0026) in addition to the individual certificate
number.

Information must be provided to identify the classof business.

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Where the risk or insured is located in Spain, thenumber of policies must be stated (CR0027).

Lloyd's and other co-insurance participants(CR1251).

Inception and expiry dates

Estimated premium income

The inception (CR0030) and expiry (CR0031)
dates for the risk – that is the dates when coverage
starts, and ends must be specified.

This is the total amount of estimated premiumincome relevant to an open cargo cover.
Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk - Either gross written premium (CR0021) or
estimated premium income field (CR1277) must becompleted when IA accounting class (CR1270) is
goods in transit, GIT.

Period of cover
Where the period of cover cannot be describedusing dates, a narrative description (CR0032)
should be given – for example a description of thevoyage.

Policy issuance date

Coverholder Commission

The policy issuance date must be provided unlessbeing reported separately (CR0315).

The coverholder commission amount for the wholerisk/written premium is the amount taken by thecoverholder expressed as an amount in the original
currency. This is the amount for the wholerisk/written premium. This may include commission
to retail brokers, local sub-producers or
introducers.

Date on which cover was first issued
In Australia for reporting to APRA on public andproduct liability and professional indemnity
insurance the date when cover was first issued tothe client (CR0322) must also be given.

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk; and for any risks incepting on coverholder
appointment agreements with Lloyd’s Brussels; youmust provide either the coverholder commission
amount (CR0235) or coverholder commission %(CR0061).

Total gross written premium
Original currency
We need to know the original currency in which thepremium was originally paid by the insured orreinsured (CR0020). It is recommended that theISO, 4217, 3 letter alphanumeric currency codes
are used.

New! Where the local sub-producer commission is
being provided separately then this should not also
be included in the Coverholder Commission
Amount or %.

Total gross written premium
The total gross written premium (CR0021) is
mandatory for all classes and territories to enablesyndicates to meet the requirements of Solvency II.

Local sub-producer commission
New! The local sub-producer commission amountfor the whole risk/written premium is the amounttaken by the local sub-producer expressed as an
amount in the original currency. This is the amountfor the whole risk/written premium. This may
include commission to retail brokers, local subproducers or introducers.

The total gross written premium is the sum ofpremiums being paid as instalments after applying
credits (discounts) and surcharges (loads/levies),but prior to applying taxes, fees, assessments or
special risk premiums (e.g. SASRIA in South
Africa).
This should exclude any terrorism premium suchas US TRIA or fees which are being shown as
separate transactions.

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk; and for any risks incepting on coverholder
appointment agreements with Lloyd’s Brussels; youmust provide either the local sub-producer amount(CR1294) or the local sub-producer commission %(CR1295).

Any fees or interest charged for paying byinstalments should be excluded.
For co-insurance where Lloyd’s is the lead, where
the business is being written through a Hong Kongdomiciled coverholder or service company,
regardless of the location of the actual risk; youmust specify the total amount of the gross written
premium charged for the risk to the insured by both

Lloyd’s brokerage amount for the riskThis is the brokerage amount taken by the Lloyd’s
Broker for the whole risk/written premium
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expressed as an amount of the gross written
premium, in the original currency (CR1278).
This must be provided where the business is being
written through a Hong Kong domiciled coverholder
or service company, regardless of the location of
the actual risk.

Any one loss
Any one person, passenger or patient
Combines single limit any one loss
Combined single limit
Each and every loss
Each and every interest

Claims basis

Net premium to underwriters for therisk

In some territories you must specify the basis onwhich the policy was written.

Net premium to underwriters for the risk (CR1280)
is the amount of the total gross written premium forthe whole risk/written premium (CR0021) due tounderwriters following the deduction of coverholder
commission for the whole risk/written premium(CR0235) and Lloyd’s brokerage amount for thewhole risk/written premium (CR1278), but
excluding items recorded as management
expenses (CR1279). This must be provided where
the business is being written through a Hong Kongdomiciled coverholder or service company,
regardless of the location of the actual risk.

In Australia for public and product liability andprofessional indemnity insurance you must specify
which of these basis the policy is written (CR0354)


Losses incurred
Claims made

Limit of indemnity
In Australia for public and product liability andprofessional indemnity insurance you must specify
the proportion of the limit of the indemnity whichapplies to the risk (CR0356).

Sum insured, deductibles, claims basis,
limit of indemnity

Transaction types and dates

Sum insured

Information must be provided to identify the type ofrisk transaction (CR0022).

Risk transaction type

Sum Insured (CR0052) and the currency (CR0051)
are mandatory for all classes and territories toenable syndicates to meet the requirements ofSolvency II.

If this is new business, either completely new to thecoverholder, or the coverholder has not placed thisbusiness under a Lloyd’s binding authority or; for
Lloyd’s Brussels - the coverholder appointment
agreement, previously then this should be marked
as new.

EIOPA (the European Insurance and Occupational
Pensions Authority, one of the three European
Supervisory Authorities) has defined the sum
insured as the highest amount that the insurer canbe obliged to pay out before taking into accountpossible original deductible of the policyholder.

If this is a renewal that has previously been placed
under a Lloyd’s binding authority or; for Lloyd’s
Brussels - the coverholder appointment agreement;
or is a rolling monthly premium contract; then thisshould be marked as a renewal.

Deductible / excess
Where the risk or insured is located in Australia or
Canada, and for any risks incepting on coverholder
appointment agreements with Lloyd’s Brussels, thefollowing must be reported

For any subsequent transactions, this is the type oftransaction – so either an endorsement or acancellation.

Deductible/excess currency (CR0053)
Deductible/excess amount (CR0054)

If there are any financial changes; then the risk
should be marked as an endorsement.

In Canada, and for any risks incepting on
coverholder appointment agreements with Lloyd’s
Brussels, the following must also be reported –Deductible/Excess Basis (CR0055).

If all the changes being made are non-financial
changes, then the risk should be marked as anamendment.

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Where an error has been made; or where a boundpolicy has been reinstated after automatic
cancellation due to the late payment of premium;and the transaction is reinstated, this should bemarked as a reinstatement.

Suggested values: Any one accident or occurrence
In aggregate
Any one claim
Any one event
Any one interest

A policy may also be void from inception.

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Instalments

It is mandatory to provide the risk transaction typefor business in Iceland, Ireland, and South Africa;
for UK Flood Re; for High Product Risk Products
where the insured is located in the UK or EEA; in
Australia for reporting to APRA on public andproduct liability and professional indemnity; and, for
any risks incepting on coverholder appointment
agreements with Lloyd's Brussels.

New! Where possible for any risks where premiumis being paid by instalments, the number of
instalments (CR0288) and the frequency of theinstalments (CR0289) should be given.

Taxes/levies and fees
Why is information on taxes/levies important?
If taxes/levies are not correctly identified at theearliest opportunity:

Transaction dates
The effective date of the transaction (CR0057), forexample the date of the endorsement or thecancellation must be specified for all transactions
where the risk inception date (CR0030) is not thesame as the start date. This must be given for all
business in South Africa, for High Product Risk
Products where the insured is located in the UK or
EEA; in Australia for reporting to APRA on public
and product liability and professional indemnity
insurance. This is mandatory for any risks
incepting on coverholder appointment agreementswith Lloyd's Brussels; and for any business written
through a Hong Kong domiciled coverholder orservice company. The date the transaction ends
must also be given where appropriate.

Underwriters, the insured and/or the broker
may be exposed to unexpected charges.
The business will be rejected at the processing
stage.
It will be difficult to revisit tax calculations andcollect taxes/levies from the insured if thecontract and premium has already been
agreed.

What sort of taxes and levies may apply toinsurance?

Premium tax
This is usually the insured's responsibility to pay
but the insurer's responsibility to administer.

Reason for cancellation

General sales tax and stamp duty

Where a risk has been cancelled, the reason forcancellation should be given.

This is charged on a range of transactions and may
be due on insurance.

Recommended values: -Income and corporation tax

Product unsuitable / misunderstoodProduct too expensiveAlternative product purchased
Cover overlapped with pre-existing coverProduct cancelled within cooling off periodProduct cancelled by underwriter
Poor service/complaint
Cover no longer required
Other (administrative reason)
Not known
It is mandatory to provide the reason forcancellation for High Product Risk Products where
the insured is located in the UK or EEA; UK Flood
Re and for South Africa.

This may be charged on the insurer's operations
depending on how they are organised.

Withholding tax
This is withheld from a payment and paid to tax
authorities by a person making a payment. It canbe due on non-admitted insurance.

Other fiscal charges
For example: fire brigade charges, natural
catastrophe levies. These can require detailed
record-keeping by insurer.
What factors influence where and what taxes/levies
are due?

Reason for endorsement
For UK Flood Re property risks, where a risk has
been endorsed, where a mid-term adjustment has
been made; then the reason for this adjustment
must be specified.



Reason for reinstatementWhere a UK Flood re property risk has been
reinstated, then the reason for the reinstatement(CR0321) must be specified.

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The nature of the business, i.e. is itreinsurance or insurance?
Where the insured is established, or theproperty is located.
The nature of the risk and the class of
insurance it falls under.
How the risk is written, is it via a coverholder,
local broker or direct and what countries are
involved in the intermediary chain?

Lloyd’s Coverholder Reporting Standards Version 5.2

How are taxes managed for Lloyd’s?

In Lloyd’s recommended layout, the tax, levy orpara fiscal charges block of columns should be
repeated for each applicable tax.

Lloyd's centrally prepares and renders tax returns
on behalf of the Lloyd's market based on
information provided by Lloyd’s syndicates.

There is no requirement to provide details of US
taxes being paid and reported by surplus lines
brokers.

Coverholders should ensure tax is correctly notedon their reports. Tax information found to be
missing or incorrect will lead to the policy being
rejected and delays in the premium being paid tounderwriters and taxes being paid to the tax
authorities.

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk; you must specify the IA levy amountapplicable to the risk. When calculating the IA levy

How can I find out more?
Lloyd's tax and regulatory tool, Crystal, and theaccompanying guidance tool Crystal Assist, can beused to determine which taxes need to be reportedon.

(CR0078) – tax/levy type should be – “IA Levy”

(CR0270) – should be the amount of the levy
and other tax/levy fields should be completed
to show how calculated. The full tax amountfor the whole risk, based on the written
premium should be reported

Where business has been placed on a coinsurance basis (for example where(CR1250) co-insurance code is L(Lead),
F(Follow) or New! X = Where lead has
confirmed they’re not paying the levy onbehalf of the follower. then the amount ofpremium which is taxable (CR0079) will be
the IA levy total gross written premium
amount (CR1251);

Reporting multiple taxes and fees on spreadsheets
It should be noted that it is possible for a number oftaxes in the same or different jurisdictions to be
applicable to a premium.
As it is difficult to show many taxes against one
premium transaction in a spreadsheet format; it issuggested that either the tax columns are repeatedfor each tax; or that each tax is shown on a
separate row in the spreadsheet.
Where separate rows are used care must be taken
to ensure it is clear that different taxes are being
shown and to avoid double counting of the original
premium.

Similar logic must be applied to any fees.

Taxes/levies
The following information needs to be provided foreach tax/levy: 

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




The jurisdiction – for example UK (CR0077)
The type of tax/levy – for example premium tax(CR0078)
The amount of premium which is taxable(CR0079)
The means by which the tax/levy has been
calculated – for example any fixed rates(CR0081), % (CR0080) or multipliers(CR0082)
The amount of tax/levy (CR0083)
Whose responsibility it is to administer(CR0084) and to pay the tax (CR0085)

But if the business is not being written on aco-insurance basis, for example where(CR1250) co-insurance code is N, not coinsurance; then the amount of premium
which is taxable (CR0079) will be the total
gross written premium (CR0021).

Where estimated premium has been provided(CR1277) then this should be used as theamount of premium which is taxable(CR0079),

Due to the increase in insurance premium tax
reporting requirements in EU/EEA countries, weneed to know about all business which is exempt
from premium tax and taxable business where thetax is paid by the lead or a third party. Thisrequirement applies to all EU/EEA insurance risks(reinsurance is excluded). Appropriate comments
must be made in (CR0169), the notes field.

For taxation/levy headings the term “payable by”
refers to the party bearing the economic cost of the
tax/levy. The term “administered by” refers to theparty responsible for settling the tax/levy with therelevant tax authorities.

Fees
Where fees have been charged or deductions
made from the original premium collected which
are not commission, or formal taxes or levies; thenthese must be reported.

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A description (CR0086) and the amount of the fee(CR0087) should be given.



It is recommended such transactions are shown as
separate transactions on different rows on a
spreadsheet.

The amount of commission (CR0062) taken by
the coverholder. This must be expressed in theoriginal currency.
Any additions or deductions being made suchas taxes, fees, levies or the accessori(CR0063) must be stated; see details above.
Any other fees, additions or deductions should
be shown as separate rows/transactions.
The total amount of any taxies and levies(CR0064).
The amount being paid to the broker in
London. This must be expressed in the original
currency. (CR0065).
The currency (CR0066) in which monies arebeing paid (settled) to London must be given.

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
claim where there is a management expense toreport; you must specify the management
expenses, the costs arising from the managementof the binding authority in the other fee amount field(CR0087) and include a description in the other fee
description field (CR0086).



Paid premium transactions

If the currency in which monies are being settled isdifferent to the original currency, then the rate ofexchange must be stated (CR0067); together with
the net amount being paid to London expressed in
the settlement currency (that is the currency inwhich it is being paid). (CR0068).

Information about the premium transaction is vitalto the report to ensure that the correct monies are
moved between parties and reported to the various
regulators; to ensure the correct taxes and levies
are paid and to ensure correct trust funding.

Detail to be added by the broker in
LondonPaid premium information
The following information must always be provided:












The following information will typically be provided
by the broker in London. Such information does
not need to be added to the bordereau and willoften be included in an accompanying London
Premium Advice Note (LPAN). The broker and thecoverholder may agree that this is also completed
by the coverholder; in which case the broker will
typically need to provide the coverholder with thisinformation in advance. In some cases, thisinformation may be able to be deduced frominformation already provided and so does not need
to be supplied again.

The type of transaction (CR0056) – such as
original premium, additional premium or return
premium must be stated.
The currency in which the transaction was
originally paid by the insured or reinsured(CR0020).
The gross premium which has been paid
(CR0059). The gross premium must be
expressed in the original currency.
Terrorism premium such as UK Pool Re and
US TRIA and allocations relating to GAREAT
and TRIA, should be shown on a separate row
as a separate transaction and should not be
included in the gross premium transaction. If
you are unable to provide this as a separatetransaction, then it may be shown in a
separate field (CR0060).
Where the transaction is one in a series of
instalments for the premium; the gross and net
premium fields should be completed withdetails of the amount being paid in thistransaction.
The % commission (CR0061) which has beentaken by the coverholder; this may include
local commission paid to retail agents or
introducers of business. New! But if the%/amount being paid to retail agents or others
is being reported separately, then this should
not also be included in the coverholder’scommission.

The broker in London will need to specify thebrokerage being charged as a percentage(CR0069) of the gross premium paid by the insured
and as an amount (CR0070).
The broker must state the final premium net of any
deductions made by the coverholder and their own
brokerage; that is the net premium to London
minus any brokerage. This must be stated in theoriginal currency (CR0071). If appropriate thismust also be stated in the currency in which theamounts are being settled to the Lloyd’s syndicate(CR0072). If this is different to the original
currency then the rate of exchange (CR0073), thebrokerage (CR0074) and the final net premium to
the Lloyd’s syndicate in the settlement currency(CR0075) must be given.
If Lloyd’s is not receiving 100% of the final net
premium, then the proportion of the final net

21

Lloyd’s Coverholder Reporting Standards Version 5.2

premium which is for Lloyd’s (CR0076) should bestated.

CR0104
CR0035
CR0039CR0041
CR0048CR0050
CR0030
CR0031
CR0032
CR0114
CR0116
CR0117
CR0118
CR0119CR0120
CR0136
CR0105
CR0106
CR0107
CR0122
CR0113CR0088
CR0108
CR0220
CR0221
CR0222
CR0223
CR0224
CR0126
CR0127
CR0128
CR0129CR0130
CR0131
CR0132
CR0133
CR0134
CR0135CR0014CR0001CR0019CR0026
CR0038CR0040
CR0042
CR0046
CR0049CR0054CR0055
CR0103
CR0112
CR0115
CR0137
CR0138
CR0139CR0140
CR0141
CR0142
CR0143
CR0144
CR0145
CR0146
CR0147
CR0148
CR0149CR0150
CR0151
CR0152

The following information is needed to processtransactions, but this does not have to be provided
by the coverholder. The London broker needs toensure that these references are provided if theycannot be deduced from the UMR. The broker
may choose to do this on the bordereau or on a
separate accompanying document. Where thisinformation is known by the coverholder they may
choose to provide this as part of their submission.
The unique reference assigned to the London
broker (CR0011)
The year of account (CR0010)

4 Claims
Reporting claims
If you are reporting on a spreadsheet, then, as a
general rule, each claim should appear as one row
on the spreadsheet.
However, some claims may have more than one
movement in a reporting period and Lloyd’s
syndicates vary in how they would like to see thesereported.
As a general rule an aggregation of the movements
should be reported, but it is recommended that thisis discussed with the Lloyd’s syndicate tounderstand their requirements.
It is recommended that paid and outstanding
claims are included on the same report.

Summary of the standard
The following table lists all the fields in Lloyd’s
Claims standard.
Not all of the fields are required for all claims. Red
fields are mandatory and should always bereported. Yellow fields are conditional are only
required when conditions (for example territory orclass apply).
CR0013CR0015CR0006CR0005CR0008CR0009CR0002CR0017CR0016CR0007
CR0109CR0110
CR0111
CR0029Claims – All classes and territories
Coverholder Name
TPA Name
Agreement No
UMR
Binder Contract Inception
Binder Contract Expiry
Reporting Period (End Date)Class of Business
Lloyd's Risk Code
Section No
Original Currency
Settlement Currency
Rate of Exchange
Certificate Reference

22

Claims – All classes and territories
Claim Reference / Number
Insured Full Name or Company Name
Insured State, Province, Territory, Canton etc.
Insured Country
Location of risk State, Province, Territory, Canton
Location of risk Country
Risk Inception Date
Risk Expiry Date
Period of Cover - Narrative
Location of loss State, Province, Territory, Canton
Location of loss Country
Cause of Loss Code
Loss Description
Date of Loss (From)
Date of Loss toDate Claim First Advised/Date Claim Made
Claim Status
Refer to Underwriters
DenialClaimant Name
Loss County
State of Filing
PCS Code
Medicare United States Bodily Injury
Medicare Eligibility Check Performance
Medicare Outcome of Eligibility Status Check
Medicare Conditional Payments
Medicare MSP Compliance Services
Paid this month - Indemnity
Paid this month - Fees
Previously Paid - Indemnity
Previously Paid - Fees
Reserve - Indemnity
Reserve - Fees
Change this month - Indemnity
Change this month - Fees
Total Incurred - Indemnity
Total Incurred - Fees
Coverholder PIN
Reporting Period Start Date
Type of Insurance (Direct, or Type of RI)
Policy or Group Ref
Insured Address
Insured Postcode / Zip Code or similar
Location of Risk Location ID
Location of Risk Address
Location of Risk Postcode / Zip Code or similar
Deductible Amount
Deductible Basis
Sums Insured Amount
Location of loss Address
Location of loss Postcode / Zip Code or similar
Date Closed
Lloyd's Cat CodeCatastrophe Name
Paid this month - Expenses
Paid this month - Attorney Coverage Fees
Paid this month - Adjusters Fees
Paid this month - Defence Fees
Paid this month - TPA Fees
Previously Paid - Expenses
Previously Paid - Attorney Coverage Fees
Previously Paid - Adjusters Fees
Previously Paid - Defence Fees
Previously Paid - TPA Fees
Reserve - Expenses
Reserve - Attorney Coverage Fees
Reserve - Adjusters Fees

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0153
CR0154
CR0155
CR0033
CR0156
CR0157
CR0158
CR0159CR0160
CR0161
CR0162
CR0163
CR0164
CR0165
CR0166
CR0167
CR0168
CR0169CR0300CR0301
CR0302
CR0303
CR0304
CR0306
CR0307
CR0311
CR0312
CR0313
CR0316
CR0317
CR0319CR0362
CR0364
CR0366
CR0367
CR0368
CR0375
CR0376
CR0372
CR0371
CR0369CR0370
CR0010
CR1252
CR1253
CR1254
CR1255
CR1257
CR1258
CR1259
CR1260
CR1261
CR1262
CR1263
CR1264
CR1265
CR1266
CR1267
CR1268
CR1269
CR1270
CR1272
CR1273
CR1275
CR1276
CR1279CR1297

Claims – All classes and territories
Reserve - Defence Fees
Reserve - TPA Fees
Total Incurred
Name or Reg No of Aircraft Vehicle, Vessel etc.
% Ceded (Reinsurance)
Plan
Patient Name
Treatment TypeCountry of Treatment
Date of Treatment
Expert - Role
Expert Firm / Company Name
Expert Reference No etc.
Expert Address
Expert State, Province, Territory, Canton etc.
Expert Postcode / Zip Code or similar
Expert Country
Notes
Date Claim Opened
Date Coverage Confirmed
Date Claim Amount Agreed
Date Claims Paid (Final)
Date Fees Paid (Final)
Date Reopened
Date of Subrogation
Date Claim Denied
Reason for Denial
Amount Claimed
Date claim withdrawn
Ex gratia payment
Claim not paid as within excess
Jurisdiction of the claim
General nature of loss
Body functions or structures affected
Severity of loss
Litigation status
Gross third-party recoveries received
Gross third-party recoveries outstanding
Claim First Notification Acknowledgement Date
Date First Reserve EstablishedDiary datePeer review dateYear of Account
Paid this month fees – VAT applied
Paid this month fees – VAT AmountPaid this month fees – exempt Belgian VAT
Paid this month fees – no VAT applied
Heads of damage – past economic loss
Heads of damage – future economic loss
Heads of damage - Past medical, hospital
Heads of damage - Future medical, hospital
Heads of damage - Future caring services
Heads of damage - General damages
Heads of damage – Interest
Heads of damage - Plaintiff legal costs
Heads of damage - Defendant legal costs
Heads of damage - Investigation costs
Heads of damage – other
Lead syndicate number
Hong Kong Insured Occupation CodeIA Accounting Class
IA Sub-accounting class
Nature of claim
Type of vehicle – code
Number of vessels
Management expense
New! Lloyd’s Platform

TPAs/DCAs and Claimants
TPA/DCA
Where the claims are being managed by a ThirdParty Administrator (TPA)/ Delegated Claims
Administrators (DCAs), the TPA/DCA name
(CR0015) must be provided on any claims
submissions.

Claimant
If the claimant is not the insured, then the claimantname must be reported (CR0122).

Information to appear on all claims
submissions
Claim reference
A unique reference must be reported for the claim(CR0104).

Mandatory information for all claims
The following must appear on each claims
submission as per the details above















Reporting period end date (CR0002) andpreferably the start date (CR0001)
Coverholder name (CR0013)
Unique market reference (CR0005) or theagreement number (CR0006) where this is not
known
Binding authority/coverholder appointment
agreement inception and expiry dates(CR0008 and CR0009)
One or more of section number (CR0007),class of business (CR0017) or risk code
(CR0016)
The original currency (CR0109); and whereappropriate the settlement currency (CR0110)
and rate of exchange (CR0111)
Certificate reference (CR0029)
Either the inception date (CR0030) and expiry
date (CR0031) for the risk, or the period ofcover (CR0032)
Insured full name, last name or company
name (CR0035) and insured country (CR0041)
and country sub-division if appropriate(CR0039)

Location
Location of risk
If the location of the risk is different to the locationof the insured, then the following must be reported




23

Location of risk country (CR0050), country
sub-division if appropriate (CR0048), address(CR0046) and postcode (CR0049).
For property risks, it is recommended that theclaim is split by location with a location
identifier (CR0042)

Lloyd’s Coverholder Reporting Standards Version 5.2

Location of loss

achieve this the Lloyd’s cat code (CR0138) of PPO
should be recorded against each such claim. PPO
is a tracking code attributed to any claim which has
been resolved or settled (partially or wholly) by wayof a periodical payment order, or any periodic
payment such as an annuity payment.

The country where the loss occurred must always
be reported (CR0116).
Where relevant; the country subdivision, the state,province or territory; must be reported (CR0114).
The full address of the loss (CR0112) and thepostcode (CR0115) must also be reported if
known.

Claim status, referrals, denials and key
dates

For any US claims, the county in which the loss
occurred must be reported. (CR0113).

Claim status

Other risk details

The current status of the claim (CR0105) must bereported. This can be one of the following:

The following should be supplied where known: 





Open
Open – Coverage agreed
Open – Amount agreed
Open – Claim paid, fees outstanding
Open – Fees paid, claims outstanding
Open – Claim and fees paid
ClosedClosed this monthRe-opened
Closed but Subrogation/Recovery being
pursued
Withdrawn
Structured Settlement(A structured settlement occurs when a claim has
been settled and payments are made as annuities
over time, rather than in a single payment.)











The deductible/excess amount (CR0054) andbasis (CR0055)
The total amount of the sum insured applicableto the location involved in the specific claim(CR0103)
The name or registration number of theaircraft, vessel etc. (CR0033)
The percentage ceded to reinsurers (CR0156)

Cause of loss and catastrophes
Cause of loss
Either the cause of loss code (CR0117) or adescription of the loss (CR0118) must be given.

Catastrophes(Withdrawn - Any claim where the policyholder has
discontinued part or all of their claim) for example,
open, closed etc.

A catastrophe is deemed to be a severe loss
characterised by extreme force, sizeable financial
loss and/or multiple injuries. These are often
abbreviated to “CAT” and often assigned a code touniquely identify an occurrence of a catastrophe.

Lloyd’s syndicates vary in whether they would like
open and closed claims to be reported separately.
It is recommended that this is discussed with the
Lloyd’s syndicate to understand their requirements.

Lloyd’s syndicates tend to manage catastropheclaims differently to how they manage other claims.
They are accounted for separately and it is very
important to distinguish these claims so that thesyndicate can manage their reserves to meet futureneeds. There are three fields in the claims
standard in which a CAT claim can be
distinguished: - Lloyd’s catastrophe code
(CR0138), the catastrophe name (CR0139) and the
PCS code (CR0108).

Referred claims
Any claims outside a coverholder or TPA’s/DCA’s
claims handling authority should be reported, even
if they are also reported individually. These claims
must be clearly stated throughout the whole life of
the claim and they are distinguished by marking
referred to underwriters with a “Y” in the “referredto underwriters” column (CR0106).

If the loss is located in the US and the cause ofloss is classed as a catastrophe, then one of thefollowing must be reported PCS code (CR0108),
Lloyd’s catastrophe code (CR0138) or thecatastrophe name (CR0149).

Denials
If the claim has been denied, then this must be
flagged (CR0107).
If the claim has been paid ex gratia, then thisshould be flagged (CR0317).

For other territories; Lloyd’s catastrophe code
(CR0138), and/or the catastrophe name (CR0139)
should be provided where known.

The reason for denial or partial denial (CR0312)
must be provided for high product risk products
where the insured or reinsured is located in the UK
or EEA, and the reason for denial must be provided

New! Lloyd’s Brussels must clearly identify andreport all annuity type claims separately. To

24

Lloyd’s Coverholder Reporting Standards Version 5.2

where the risk country (CR0050) or the insured
country (CR0041) is South Africa.

Key dates
The following key dates must be reported where
they apply








Other claim details

The date of the loss from; that is the date theloss occurred, or the policy was triggered(CR0119)
The date of the loss to; that is the last day ofthe loss (CR0120)
The date the claim was first advised, that is thedate that notification of the claim was firstreceived by the agent or insurer (CR0136)
The date the claim was opened (CR0300)
The date the claim was closed (CR0137)

The following must be supplied where known or as
applicable;
Expenses – paid this month (CR0140);
previously paid (CR0145), reserve (CR0150)

Attorney coverage fees – paid this month(CR0141); previously paid (CR0146), reserve(CR0151)
Adjusters fees – paid this month (CR0142);
previously paid (CR0147), reserve (CR0152)

Defence fees – paid this month (CR0143);
previously paid (CR0148), reserve (CR0153)

TPA/DCA fees – paid this month (CR0144),
previously paid (CR0149), reserve (CR0154)

The total incurred; that is the sum of the total
incurred indemnity (CR0134) plus the total
incurred fees (CR0135).
The total incurred as a result of any fees and/or
claims (CR0155).


Indemnity and fees
The following must be reported for each claim

Indemnity
The amount of the claim to be collected from the
Lloyd’s syndicate this month (CR0126); hasalready been paid (CR0128); the outstanding
amount which the coverholder or TPA/DCA still
expects the syndicate to pay (CR0130); the sum ofthese – that is the total incurred as a result of theclaim (CR0134); and the change this month to thistotal (CR0132).

Notes


Fees
It is mandatory for the following fee information to
be provided:








The total amount of fees paid to third parties tobe collected from the Lloyd’s syndicate thismonth (CR0127);
The total fee amount that has already been
paid (CR0129); the outstanding fee amountwhich the coverholder or TPA/DCA still
expects the syndicate to pay (CR0131);
The sum of these – that is the total fee
incurred as a result of the claim (CR0135).

Expenses, attorney coverage fees andadjusters fees should be a breakdown of thetotal fee amounts provided in fields (R0127),(CR0129) and (CR0131).
Defence fees should form part of the indemnity
amounts provided in fields (CR0126),(CR0128), and (CR0130).

Claims MI
The following claims management information must
be provided either within the same submission, or ifeasier, in another format: Note that fees paid in satisfaction of the syndicate’s
liability under the policy (e.g. policyholder’s defencefees) should be included in the indemnity fields.

A breakdown of these fee amounts is required for
Lloyd’s Brussels and Australia business.

Experts and other claim details
Experts
Experts who are involved in the transaction shouldbe specified. The following details should be
provided: Firm/Company Name (CR0163)
Reference Number (CR0164)
Address (CR0165), Country Sub-division, stateetc. (CR0166), Postcode (CR0167) andCountry (CR0168)

Role (CR0162)

25

Claim first notification/acknowledgement date
(CR0372)
Date first reserve established (CR0371)
Diary date (CR0369)
Peer review date (CR0370)

Lloyd’s Coverholder Reporting Standards Version 5.2

5 Aircraft, vehicle, ship andvessel information
In addition to the data requirements which aremandated by conditions above, the following
information must be provided.

Risk/premiums
Country of registration
The country of registration is required for all
aircraft, vehicles, ships and vessels. (CR0226)

Registration number
The registration number must be provided for all
aircraft and for all Spanish vehicles. (CR0033)
For vessels registered in Germany, including thosewith dual registration, the IMO ship identification
number must be provided. (CR0225).

Period of cover
For any voyages, the period of cover must be
stated (CR0032).

Number of vehicles
Where the insured or the risk is located in Spain,
the number of vehicles covered by the transaction
must be specified (CR0028).

Type of vehicle
For any business written through a Hong Kongdomiciled coverholder or service company
regardless of the location of the actual risk or claim;
where the IA accounting class (CR1270) is motor,
vehicle, damage and liability, MDL the type of
insurance (CR0019) is direct; It is mandatory to
specify the type of vehicle (CR1275), for example
private car, tractor, etc.

Wet marine
For any Canadian risks that are exposed to theperils of the sea whilst consequent on or incidental
to navigation, the wet marine indicator (CR0018)
must be completed.

Number of vessels
For any business written through a Hong Kongdomiciled coverholder or service company
regardless of the location of the actual risk or claim;
where the IA accounting class (CR1270) is ships
damage and liability SDL, IA Sub-Accounting Class(CR1272) local vessels liability comprehensive
LVLC or local vessels liability – third party LVTP,
and the type of insurance (CR0019) is direct; it ismandatory to specify the number of vessels(CR1276).
26

Lloyd’s Coverholder Reporting Standards Version 5.2

6 Accident and healthIn addition to the data requirements which aremandated by conditions above, the following
information must be provided.

Claims
The following should be supplied where
known or applicable Accident and health and medical
expenses plan that the insured has optedfor (CR0157)
 The name of the patient receiving
treatment (CR0158)
 The type of treatment that the patient isundertaking (CR0159)
 The country of treatment (CR0160)
 The date of the treatment (CR0161)

27

Lloyd’s Coverholder Reporting Standards Version 5.2

Coverholders need to flag any risks which havebeen referred to London by completing theReferred to London field (CR0227).

7 EU services andestablishment businessIn addition to the data requirements which aremandated by conditions above, the following
information must be provided

Risk/premiums
Lloyd’s has to report for both freedom of services
and freedom of establishment business written in
the European Economic Area (EEA).

Freedom of services
Freedom of services is the right to provide
business services on a cross-border basis within
the EEA. For insurance contracts, freedom ofservices business is when the contract isunderwritten in an EEA member state that is not
the member state where the risk is located.
Business written by Lloyd’s underwriters via any of
the following routes is deemed to be freedom ofservices business:Open market business written from the UK(with or without the involvement of a local
intermediary).
A full, pre-determined rate or no discretion
binding authority agreement where thecoverholder is not located in the same EEA
member state as where the risk is located andwhere Lloyd’s underwriters have establishment
authorisation in the member state where thecoverholder is located.
A prior submit binding authority agreement.

Freedom of establishment
Freedom of establishment is the right to provide
business services in another EEA member statethrough a permanent presence in that EEA
member state. For insurance contracts,
establishment business is when the contract isunderwritten in the same EEA member state, asthat in which the risk is located. Business written by
Lloyd’s underwriters via the following route isdeemed to be establishment business:
A full, pre-determined rate or no discretion binding
authority agreement where the coverholder islocated in the same EEA member state as where
the risk is located and where Lloyd’s underwriters
have establishment authorisation in the member
state concerned.
For further information please refer to Crystal:
http://www.lloyds.com/The-Market/Tools-andResources/Tools-E-Services/Crystal

28

Lloyd’s Coverholder Reporting Standards Version 5.2

the insured or reinsured is located in the UK or
EEA and in respect of high product risk products.
Note some of these fields are also detailed above: -8 High product risk products

Date claim made – the date the claim was
opened (CR0300) or the date the claim was
first advised (CR0136)

Claim open, closed or reopened, the claim
status (CR0105)
Amount claimed (CR0313)

TPA/DCA remuneration – paid this month(CR0144), previously paid (CR0149), reserve(CR0154)
Date coverage agreed/confirmed (CR0301)

Date claim amount agreed (CR0302)

Date claims paid (final) (CR0303)

Date fees paid (final) (CR0304)

Date reopened (CR0306)

Date of subrogation (CR0307)

Date claim withdrawn (CR0316)

Claim not paid as within excess (CR0319)

Date claim denied (CR0311)

Reason for denial (CR0312)
Please note that claimant address, postcode andcountry (CR0308/9/10) are no longer required forHigh Product Risk Products.


In addition to the data requirements which aremandated by conditions above, the following
information must be provided.
For all binding authority and coverholder
appointment agreements and risks/policies which
incept on or after 1 January 2016, where theinsured or reinsured is located in the UK or EEA
and in respect of high product risk products (which
normally include motor, household, accident andhealth, legal expenses, payment protection
insurance, extended warranty products, mobile
phone or gadget insurance, travel insurance, petinsurance, add-on products, home emergency
cover, guaranteed asset protection); or any otherproduct where the Lloyd’s syndicate has assessed
the product to be high product risk; the syndicate
will need to know more about the insured orreinsured.

Risks/premiums
It is mandatory that the following are provided;
some of which are already detailed above: 













Name of the policyholder/insured (CR0034,
CR0035)The policy type; either
The insured policyholder type – retail,micro, small, commercial or reinsurance.
(CR0278).
Or
The insured total number of employees(CR0279) and the insured revenue or
turnover (CR0280)
The transaction type, and whether or not this isa renewal (CR0022)
The inception (CR0030) and expiry dates(CR0031) or period of cover (CR0032)
The unique policy reference (CR0029)
The total gross written premium to be paid by
the customer in connection with this product
CR0021)
The total other fees to be paid by the Lloyd’s
customer in connection with product(CR0086), (CR0087)
The total insurance premium tax, together withrelated information about the tax (CR0083)
The amount to be paid to the insurer(s) net ofcommissions/brokerage (CR0071)
For any cancellations - the date of thecancellation (CR0057) and the reason for thecancellation (CR0299)

Claims
The following must be reported where theconditions make them mandatory for all claims
which are open on or after 1 January 2016 where29Lloyd’s Coverholder Reporting Standards Version 5.2



9 Australia
In addition to the data requirements which aremandated by conditions above, the following
information must be provided.

Public and product liability andprofessional indemnity insuranceThis information is mandatory for all transactions
where the risk is Australian, for the followingclasses of liability business:




a)

Product liability insurance, which includes
policies that provide for compensation for loss
and or injury caused by, or as a result of, theuse of goods.
Professional indemnity insurance, which
includes:c)

Insurance that provides cover for professional
actions taken against that professional in tort,
contract or under statute law in respect ofadvice or services provided as part of theirprofessional practice, including cover inrespect of damages and legal expenses;
Directors’ and officers’ liability insurance andlegal expense insurance; andMedical indemnity insurance

Public liability insurance, which includes;a)Insurance covering legal liability to the public
in respect of bodily injury or property damage
arising out of the operation of the insured’s
business; andb) Insurance in respect of environmental
clean-up costs resulting from pollution
where not covered by Fire and Industrial
Special Risk policies.

b)




Claims
The following must be reported









Excluding:








Reinsurance or retrocession cover;Marine insurance; orDomestic householder’s or owner’s
insurance, or tenant’s liability insurance,sold in conjunction with a building orcontents policy;
A policy of insurance solely in relation toan event that could neither occur inAustralia nor in relation to an insured
resident of Australia.

Heads of damage






The following must be reportedJurisdiction of court judgement of theclaim (CR0362)
Deductible/Excess Amount (CR0054)
General nature of loss (CR0364)
Cause of loss (CR0117)
Body functions or structures affected(CR0366)
Severity of loss (CR0367)
Litigation status (CR0368)
Gross third-party recoveries received(CR0375)
Gross third-party recoveries outstanding(CR0376)

When a claim is closed heads of damage, that is abreakdown of the total settlement amount, must be
given across the following new fields: -Risk/Premium

Further risk information for the insured.
One of: revenue or turnover (CR0280),
the most recent prior year businessassets (CR0325),

total number of employees (CR0279),most recent prior year annual
professional fees represented by therisk record (CR0357)
other risk factor description (CR0358)
and value (CR0359); where this is ameasure of the relative exposure thepolicy represents.
Excess/deductible amount (CR0054), thatis, how much of any claim an insured
must bear before the insurer becomes
liable.
The proportion of the limit of indemnity
which applies to the risk (CR0356)
The details of trade or profession or
institution type of the insured (CR0324).
and the insured occupation code
(CR1284). The percentage of the riskbound to this binder contract, theparticipation/% ceded (CR0175)






The product type from the list of values
defined by APRA (CR0360)
The date when cover under the policy was
first issued to the client (CR0322)
30

past economic loss (CR1257)
future economic loss (CR1258)
past medical, hospital, caring and related
services (CR1259)
future medical, hospital and related
services (CR1260)
future caring services (CR1261)
general damages (CR1262)
interest (CR1263)
plaintiff legal costs (CR1264)

Lloyd’s Coverholder Reporting Standards Version 5.2

defendant legal costs (CR1265)
investigation costs (CR1266)
and other (CR1267)

Any rounding differences should be included inother.
This is mandatory for any finalised claims; to bereported in the period in which the claim was
finalised only. For example, the first time a claim
status (CR0105), is closed and the reserve
indemnity (CR0130) and reserve fees (CR0131)
are zero.
Some examples: 










Solicitors’ fees - will need to be split
between fees for solicitors acting for
insured which should be entered indefendant legal costs (CR1265); andsolicitors’ fees acting for the claimant
which should be entered in plaintiff legal
costs (CR1264).
Adjusters’ fees – should be allocated toinvestigation costs (CR1266).
Legal disbursements (including Counsel) will need to be split between
disbursements of solicitors acting for the
insured, which should be entered indefendant legal costs (CR1265); anddisbursements of solicitors acting for theclaimant, which should be entered inplaintiff legal costs (CR1264).
Experts fees – should be allocated toinvestigation costs (CR1266)
General disbursements – should beallocated to other (CR1267)
Coverage fees – should not be included inany of these new fields because these are
not defendant or claimant’s legal fees,
they are insurer’s legal fees, and therefore
should only be included in paid this month
fees (CR0127), previously paid fees
(CR0129) and total fees incurred(CR0135). They could also optionally be
included in paid this month, attorney
coverage fees (CR0141) and previously
paid attorney coverage fees (CR0146).
TPA/DCA Fees - should be allocated topreviously paid TPA/DCA fees (CR0149).

All classes

New! The trade or industry of the insured
must be provided for all commercial risks;in addition to the requirements describedabove, the ANZSIC code (CR1284) may
be provided for all classes.

31

Lloyd’s Coverholder Reporting Standards Version 5.2

CR1278
CR1279
CR1280
CR1292

10 Hong Kong

CR1294

In addition to the data requirements which aremandated by conditions above, the following
information must be provided where business isbeing written through a Hong Kong domiciled
coverholder or service company, regardless of thelocation of the actual risk or claim.

CR1295

Where the business is being written through aHong Kong domiciled coverholder or service
company, regardless of the location of the actual
risk; you must specify the IA levy amountapplicable to the risk. When calculating the IA levy

The coverholder; or other relevant stakeholder
must submit a separate risk and a separate claim
return within 15 days of the end of the month to
Lloyd’s of London. These are currently submitted
through Lloyd’s Core Market Returns system andmust be formatted as per the requirements of theHong Kong Risk and Claims Returns.

(CR0078) – tax/levy type should be – “IA Levy”

(CR0270) – should be the amount of the levy
and other tax/levy fields should be completed
to show how calculated. The full tax amountfor the whole risk, based on the written
premium should be reported
Where business has been placed on a coinsurance basis (for example where (CR1250)
co-insurance code is L(Lead) or F(Follow) or X
(Where the lead has confirmed they are notpaying the levy on behalf of the follower) thenthe amount of premium which is taxable(CR0079) will be the IA levy total gross written
premium amount (CR1251);
But if the business is not being written on a coinsurance basis, for example where (CR1250)
co-insurance code is N, not co-insurance; thenthe amount of premium which is taxable(CR0079) will be the total gross written
premium (CR0021).
Where estimated premium has been provided(CR1277) then this should be used as theamount of premium which is taxable(CR0079).
New! The local sub-producer commission
amount (CR1294) for the whole risk/written
premium is the amount taken by the local subproducer expressed as an amount in theoriginal currency. This is the amount for thewhole risk/written premium. This may include
commission to retail brokers, local subproducers or introducers. Where the local
sub-producer commission is being provided
separately then this should not also be
included in the Coverholder Commission
Amount (CR0235) or % (CR0061).



Risk
The full list of fields required in a Hong Kong risk
submission are as follows; these fields are
discussed in more detail above and below: CR0013
CR0014CR0005CR0006CR0002CR0007CR0019CR0010
CR0029CR0035
CR0041
CR0030
CR0031
CR0050
CR0056
CR0057CR0058CR0020
CR0061
CR0021
CR0026
CR0051
CR0052CR0086
CR0087
CR0169CR0069CR0235
CR0270
CR1250
CR1251
CR1268
CR1269
CR1270
CR1272
CR1275
CR1276
CR1277

Lloyd's brokerage amount for the risk
Management expense
Net premium to underwriters for the risk
New! Amount of taxable written premium
New! Local sub-producers commission amount(written/risk)
New! Local sub-producers commission %Coverholder nameCoverholder PIN
Unique Market Reference (UMR)
Agreement No
Reporting Period (End Date)
Section Number
Type of Insurance (Direct or Type orReinsurance)Year of AccountCertificate Ref
Insured Full Name, Last Name or Company
Name
Insured Country (see code list)
Risk Inception Date
Risk Expiry Date
Location of risk - Country
Transaction Type - Original Premium etc.
Effective Date of Transaction
Expiry Date of Transaction
Original Currency
Commission %Total gross written premium
Policy or Group Ref
Sum Insured Currency (see code list)
Sum Insured Amount
Other Fees or Deductions Description
Other Fees or Deductions Amount
Notes
Brokerage % of gross premium
Coverholder Commission Amount for the wholerisk/written premiumTax amount for the whole risk/written premium
IA-Levy - Co-insurance code
IA-Levy - Total gross written premium amount
Lead syndicate number
Hong Kong Insured Occupation CodeIA Accounting Class
IA Sub-accounting classType of vehicle – code
Number of vessels
Estimated premium income







32

Lloyd’s Coverholder Reporting Standards Version 5.2

ClaimsIn addition to the generic claims requirements
discussed in section 3 above, the following fields
must be provided: CR0118
CR0119CR0122CR0014CR0019CR0026CR0010
CR1268
CR1269
CR1270
CR1272
CR1273
CR1275
CR1276
CR1279Loss Description
Date of Loss (From)
Claimant NameCoverholder PIN
Type of Insurance (Direct, or Type of RI)
Policy or Group Ref
Year of AccountLead syndicate number
Hong Kong Insured Occupation CodeIA Accounting Class
IA Sub-accounting class
Nature of claim
Type of vehicle – code
Number of vessels
Management expense

33

Lloyd’s Coverholder Reporting Standards Version 5.2

11 Singapore
Singapore service companies have to create a separate risk registration submission. Each of the fields required
has been mapped to the reporting standards below.

Field Name
Policy ReferenceYear of AccountSyndicate Number
Endorsement
reference number
Insurance TypeBroker Code
New / Renewal
Business
Risk Code
Original Currency
Signed Line

Written Line

Signed Order

Written Order

Insured Name

Domicile of Insured

Physical Locationof Risk
Inception Date /Endorsement Start
Date
Expiry Date /Endorsement End
Date

Definition

Maps toA unique reference attributed to each contract of insurance orreinsurance.
The year in which an insurance or reinsurance contract that isunderwritten by a syndicate is allocated for accounting
purposes based on the inception date of the policy or the
inception date of its associated binder and into which all
premiums and claims arising in respect of that contract arepayable.
The unique identifying number assigned to a syndicate by theCouncil of Lloyd’s as a 4-digit string including leading zeros
where necessary.

CR0029 – Certificate Reference

A consecutive incremental reference number given to an
endorsement within a contract.
A coded value indicating the type of insurance for thetransaction, either Direct or Reinsurance.
A coded identification of a service provider. This is the unique
broker ID used to identify the Broker.
A flag denoting whether the contract is a renewal of an
existing policy or a new policy not previously submitted for thatsyndicate.
A 1 or 2-character code that provides a common basis for theclassification/description of risks.

CR0230 – Transaction number

The currency in which the transaction was originally paid by
the insured or reinsured.
This refers to the amount of a given risk that an underwriter
has agreed to accept. It may be the same as the underwriter’s
written line or, if there is signing down, a lower amount.
The amount of a risk that an underwriter is willing to accept on
behalf of the members of the syndicate or company for which
he underwrites. This is commonly expressed as a percentageof the sum insured which is written on the broker’s placing slip.
The amount of a given risk that is covered by a particular slip
where more than one slip is used to arrange cover, expressed
as a percentage. It may be the same as the written order or, if
there are signing downs, a lower amount. In this case, this is
the order to the Lloyd's market.
The amount of a given risk that is covered by a particular slip
where more than one slip is used to arrange cover, expressed
as a percentage. In this case, this is the order to the Lloyd's
market.
The name of the person or organisation who is insured undera contract of insurance. Where there is one insured thisperson may also be referred to as the name of thepolicyholder.
The country in which the policyholder is resident, or forcompanies, where the office is located. For contracts withmultiple offices the country in which the head office is based.
This is the physical location of the risk. Values must be asingle ISO country code. For more guidance on completing,please see the accompanying Completion Guidelines
document.

CR0020 Original Currency

The date on which an insurance or reinsurance contract
comes into force. In the case of an endorsement, this would
be the date on which the endorsement and it's changes
become effective.
The date on which an insurance or reinsurance contract
expires. In the case of an endorsement, this would be the dateon which the endorsement and it's changes cease to becovered.

CR0030 Risk Inception Date
CR0057 Effective Date of Transaction

34

CR0010 – Year of AccountCR1268 – Lead syndicate number

CR0019 – Type of Insurance
CR0091 Intermediary Reference
CR0022 Risk Transaction Type

CR0016 Risk CodeCR0035 Insured Name

CR0041 Insured Country

CR0050 Location of risk country

CR0031 Risk Expiry Date
CR0058 Expiry Date of Transaction

Lloyd’s Coverholder Reporting Standards Version 5.2

Field Name

Definition

Maps toTotal Policy
Deductible in USD

The amount that is deducted from some or all claims arisingunder an insurance or reinsurance contract.
The total gross premium which is being paid, that is the sum ofpremiums being paid as instalments before any additions or
deductions. This should be expressed in USD, and is 100% of
the Lloyd's share.

CR0054 Deductible/Excess AmountCR0053 Deductible/Excess Currency

100% Gross
Premium in USD

100% Acquisition
Costs in USD

The combined value of Deductions (Brokerage, No Claims
Bonus, Commission, Fees), expressed in USD, and is 100%of the Lloyd's share.

100% Net Premiumin USDThe net premium amount, that is the gross premium after the
deduction of all acquisition costs (deductions and additions
including the coverholder commission and the brokerage),
expressed in USD, and is 100% of the Lloyd's share.

File As At Date
(Date of extract)
Total Policy Limit
in USD
Total Sum Insured
in USDThe calendar date at which the data feed has been extracted
from a system.
A policy limit typically applies where multiple risks/events arecovered and an overall cap is put on what the insurer will pay
out before the cover needs replacing.
A sum insured applies to a single insured item, and will be thetotal amount the insurer is liable for in the event of a loss.

35

CR0021 Total gross written premium

CR1294 Local Sub-Producers
Commission AmountCR0235 Coverholder Commission
Amount for whole risk
CR1294 Lloyd’s Brokerage Amount forwhole risk
CR0925 Fees for whole risk
CR1288 100% Net Written Premium in
USD

CR0001 Reporting Period Start Date
CR0002 Reporting Period End
CR0356 Limit of Indemnity

CR0051 Sum Insured Currency
CR0052 Sum Insured

Lloyd’s Coverholder Reporting Standards Version 5.2

12 South Africa
In addition to the data requirements which aremandated by conditions above, the following
information must be provided where the insured
country (CR0041) or the location of risk country(CR0050) in South Africa excluding reinsurance; forany risks or claims attached to any annual binders
renewing or incepting after 30 June 2016 and any
existing binders as at 1 January 2017.

Risk/premiumsThe type of cover being provided by the policy(CR0377) – The list of cover types has been
updated (CR0377). The cover type is mandatory
where the insured or the risk is located in South
Africa excluding reinsurance; for any risks or
claims attached to any annual binders renewing
or incepting after 30 June 2016 and any existingbinders as at 1 January 2017. Reporting may be
split across levels 1, 2 and 3 - new fields areprovided (CR1281, CR1282, and CR1283).
The distribution channel used to acquire thepolicy (CR0378)

Effective date of transaction (CR0057)

Reason for cancellation (CR0299)
For any fees paid by an insurer to an
aggregator or lead generator as aremuneration for services rendered by theaggregator or lead generator to be collectedfrom the Lloyd’s syndicate, the description(CR0086) and amount (CR0087)
Insured policyholder type (CR0278) is
mandatory for individual, where all businessis for personal consumption outside of thepurchaser’s trade; for all risks incepting from
1 January 2019; and for all business from for
all risks incepting from 1 September 2020.

ClaimsDate claims paid (final) (CR0303)
Date fees paid (final) (CR0304)
Date claim denied (CR0311)
Amount claimed (CR0313)
TPA/DCA fees paid this month (CR0144),
previously paid (CR0149), reserve (CR0154)
Reason for denial (CR0312) is mandatory for
all claims from 1 January 2019 where
Denials (CR0107) = “Y”

36

Lloyd’s Coverholder Reporting Standards Version 5.2

13 Risks located in SpainBackground
New! As per Market Bulletin Y5250, Lloyd’s
Underwriters and Lloyd’s Brussels have an obligation
to report Spanish Consorcio charges collected frompolicyholders to the Consorcio Compensacion de
Seguros (CCS). The CCS acts as a catastrophe
insurer compensating losses arising from several
natural perils, e.g. floods, earthquakes etc., which
occur in Spain.
A new online reporting tool requires the postcode ofthe location of the Spanish risk(s) to be captured foreach individual policy.

What has changed?
The postcode of the risk location (CR0049) must bereported for any risks located in Spain
https://www.lloyds.com/~/media/files/themarket/communications/marketbulletins/2019/04/y5250.pdf

Determining if a risk is located in Spain
A risk is located in Spain for tax purposes if it relates
to:





fixed and/or moveable property (excluding
goods in transit) situated in the territory,or motor vehicles, ships, yachts or aircraft
registered in the territory,or travel risks of a duration of four months orless taken out in the territory,or any other type of risk (not listed above)
where the insured is habitually resident in the
territory or, in the case of a corporate insured,its business establishment to which the risk
relates is situated in the territory.

Determining the postcode
For Spanish tax reporting purposes, the postcode to
be reported is







The postcode for fixed property should be thepostcode where the property is situated.
For vehicles (including motor vehicles, ships,
yachts and aircraft) the postcode at theaddress to which the vehicle is registeredshould be reported.
If there is no registration address, then the
postcode of the Spanish policyholder’saddress should be reported.
For risks that are not associated with fixed
property or vehicles (such as casualty risks or
moveable property including goods in transit
risks) the postcode of the Spanish
policyholder’s address should be reported
37

Risks that are associated with a non-Spanish
policyholder for which no Spanish
address/postcode is available are considered
to be located at the address of Lloyd’s Spain.
The address and postcode for Lloyd’s Spain
is: Lloyd’s Iberia Representative, S.L.U.; C/
Pinar 7, 1º drcha.; 28006 MadridLloyd’s Coverholder Reporting Standards Version 5.2

14 UK

client or prospective client who requests it as part of
the relevant commercial policy they issue. In suchcases the following further information will be
required: -In addition to the data requirements which aremandated by conditions above, the following
information must be provided

Risk/premiumsUK Flood ReInsurance companies and the Government havebeen working together to develop a different way of
dealing with flood insurance. They decided on a'flood re-insurance' scheme - known as Flood Re - tohelp support households at highest flood risk.



The pool re rating zone in which the risk islocated (CR0374)
The details of the trade or profession or
institution type of the insured (CR0324)
The total value at risk for the location which thepolicy has been rated on (CR0170)
The value of the contents (CR0172)
The value of the business interruption or
additional living expenses (CR0173)

UK Employers’ Liability Tracing Office(ELTO)

The following information needs to be provided forany properties which fall under the Flood Re
scheme: -The following information requirements apply only topolicies which include UK employers’ liability.

The Flood Re Unique Identifier, the FRID
(CR0330)

Number of locations (CR0323)
Property Type (CR0331)
Eligibility Category (CR0332)
Resilience Work (CR0333)

Basement (CR0334)

Basement Usage (CR0335)

Number of Bedrooms (CR0336)
Wall Construction (CR0337)
Roof Construction (CR0338)

Rebuilding Cost (CR0339)

Rebuilding Basis Indicator (CR0340)
Transaction Rating Date (CR0341)

Building Excess Amount (CR0342)

Building New Annual Premium (CR0343)

Building Transaction Premium (CR0344)

Building Alternative Accommodation Limit(CR0345)
High Value Art (CR0346)
Contents Blanket Sum Insured (CR0347)
Contents Transaction Rating Date (CR0348)
Contents Excess Sum (CR0349)
Contents New Annual Premium (CR0350)
Contents Transaction Premium (CR0351)
Contents Alternative Accommodation Limit(CR0352)
For any cancellations, endorsements orreinstatements the reason for cancellation (CR0299),
reason for endorsement (CR0320) or reason forreinstatement (CR0321) should be given.


The Employers' Liability Tracing Office (ELTO) has
replaced the previous voluntary Employers’ Liability
Code of Practice (ELCOP) tracing service, which wasin place since 1999.
The ELTO service aims to help those who havesuffered injury or disease in the workplace to identify
the relevant employers’ liability insurer quickly andefficiently.
The ELTO service has been introduced by the
insurance industry to make it easier to search for
employers’ liability insurance policies using a central
database – containing all new and renewed
employers’ liability insurance policies from April 2011,
policies from before April 2011 that have new claims
made against them and policies that were identified
through the previous tracing service.
In February 2011, the Financial Services Authority(FSA) published new regulations that change the waythat insurers and intermediaries record EL policy
data. The regulations compel insurers to publish thefollowing information, within three months for:

new and renewed EL policies from 1 April 2011
new and old policies for which claims are madeon or after 1 April 2011

Since 1 April 2012, the UK Regulators have also
required insurers and intermediaries to capture andrecord subsidiary company information and the
Employer Reference Number (ERN), commonly
called the ‘Employer PAYE Reference’.

The total premium payable should also be given(CR0353).

UK Pool Re

Regulations published in February 2011 state therequirement for insurers to “obtain all information
required (including information on all employers
covered by policies and ERNs) for policies enteredinto or renewed from 1 April 2012.”

Some Lloyd’s syndicates providing commercial
property and consequential loss (more commonlyreferred to as business interruption) insurance in the
UK are members of Pool Re and have agreed to offer
terrorism cover, as defined under the scheme, to any

38

Lloyd’s Coverholder Reporting Standards Version 5.2

Further information can be found on ELTO’s website:- http://www.elto.org.uk
The following information must be provided by thecoverholder, some of which is detailed above: Master Policy Number; the UMR (CR0005) or
Agreement Number (CR0006)

Broker Reference Number; the certificate
reference (CR0029)

Policy Type, whether this is parent or child record(CR0326)

Cover Start Date, the risk inception date
(CR0030)

Cover End Date, the risk expiry date (CR0031)

Policyholder Name, the name of the insured(CR0035)

Employer Name (CR0327)

ERN Exempt Flag which identifies if the employer
reference number is applicable to this policy
record (CR0328)

Employer Reference Number, the unique ID /PAYE code (CR0329)
It is mandatory to provide an address for the parent
company and optional for any child records: 






Insured address (CR0038)
Insured country subdivision, county (CR0039)
Insured country (CR0041)
Insured postcode (CR0040)

The following information must be provided by the
Lloyd’s underwriter, this is not required from thecoverholderCurrent Insurer ID
Original Insurer ID
Dummy Policy Flag

39

Lloyd’s Coverholder Reporting Standards Version 5.2

15 US

lines transaction by imposing a single “Home State”
jurisdiction in connection with surplus lines broker
licensing, surplus lines tax payments and compliancefilings.

In addition to the data requirements which aremandated by conditions above, the following
information must be provided.

The following are the key changes to note: 

Risk/Premiums
US Classification



If the original premium is in US dollars, irrespective ofrisk location or the location of the insured, or where
the coverholder is domiciled in the US; then the US
classification must be reported (CR0025): 







New or renewal multi-state placements with aninception date on or after July 21st, 2011, will nolonger require multiple surplus lines filings.
Only the insured’s “home state” will be permitted
to collect premium taxes for surplus lines
insurance.

New and renewal surplus lines policies declaredunder a binding authority with an effective date on, or
after 21 July 2011 should show the Home State under
the State of Filing (CR0088).

US surplus lines
US reinsurance
Illinois licensed
Kentucky licensed
USVI licensed (“USVI” stands for “US Virgin
Islands”)
Non-regulated
ExemptSurplus lines
If the contract is classified as “US surplus lines”, it ismandatory to provide the US Surplus Lines broker(s)name (CR0096), address (CR0099, CR0100,
CR0101, CR0102) and surplus lines licence number(CR0097). Instead of providing the full address, thename of the US state or territory (CR0100) in which
the US Surplus Lines broker(s) business premises
are located may be provided.

Risks classified as “Exempt” must be exempt from US
state, “doing business” and Surplus Lines laws.
The Nonadmitted and Reinsurance Reform Act(NRRA) creates an exemption to the diligent searchrequirement found in state surplus lines law where theinsured can be defined as an ‘exempt commercial
purchaser’ (ECP).

The Surplus Lines broker whose details are provided
is the intermediary who has filed details of the insured
risk with a US state insurance department or otherauthority. For most risks it will also have arranged
payment of the tax.

An important distinction exists between an industrial
insured and exempt commercial purchaser in that an
ECP placement is considered surplus lines businessand must be treated as such.

In the state of North Carolina, the SSN or FEIN
number of the Surplus Lines broker or Surplus Lines
agency is used as the Surplus Lines licence number(CR0097). For such brokers, rather than provide thefull SSN or FEIN number, the contract should state
the initials “SSN” or “FEIN” rather than the licencenumber".

The classification “Exempt” must not be used to
identify Surplus Lines risks exempt from tax. Suchrisks must be classified as “US Surplus Lines”.
Further details are available from Lloyd’s Crystal;including the definition of an ECP and therequirements placed on brokers using the ECP
provisions.

For surplus lines transactions where the state of filingis New Jersey, the unique transaction number(CR0098) issued by the surplus lines broker
responsible for filing in New Jersey must be provided.
This is a unique number which is 14 characters long.

NAIC code
The NAIC code (CR0037) assigned by the National
Association of Insurance Commissioners must be
given for the ceding US insurer, that is the US
reinsured; for any business classified as US
reinsurance. New! The NAIC code may be provided
for all business.

Where taxes are paid and reported by a US surplus
lines broker, there is no requirement to provide detailsof such taxes.

Terrorism
TRIA provides US federal reinsurance support forcommercial property and casualty exposures against
an “act of terrorism” (as defined in the Act) in the US.
It obliges insurers, including Lloyd’s, to makeavailable coverage for terrorism in the US andrestricts the exclusion of such coverage. Insurers

State of filing
For direct business, the state in which the transaction
was filed must also be given (CR0088).
The Nonadmitted and Reinsurance Reform Act(NRRA) purpose is to simplify a multi-state surplus
40

Lloyd’s Coverholder Reporting Standards Version 5.2

3. Has the ExamWorks Clinical Solutions
eligibility check been performed for theclaim?

should be able to evidence this if required and thiswould theoretically be necessary in the event of aclaim under a certified event. Coverholders should
provide details of the terrorism acceptance (CR0201)
or decline date (CR0202).

No - “N” should be entered in the “Medicare –Eligibility Check Performance” field. (Field CR0221).
This will alert the Lloyd’s syndicate that a US bodily
injury claim has not been checked for Medicare
eligibility. The Lloyd’s syndicate should determine thereason behind this. The coverholder/TPA/DCA does
not need to review the remaining Medicare questions
or complete further Medicare fields. The Lloyd’s
syndicate must ensure that the remaining Medicare
fields are completed prior to the claims settlement
report being submitted to Xchanging.

ClaimsMedicare
Medicare fields only need to be completed whereclaims, including personal accident claims, involve
bodily injury to a US citizen.
Section 111 of the Medicare, Medicaid and SCHIP
Extension Act of 2007 requires the reporting byinsurers of liability, medical expenses, workers
compensation and personal injury claims to theCentre for Medicare and Medicaid Services (CMS).

YES - “Y” should be entered in the “Medicare –Eligibility Check Performance” field. (Field CR0221).
Proceed to question 4.

This applies to all US liability payments involving
bodily injury and is not restricted to health careinsurance.

4. What was the result of the ExamWorks
Clinical Solutions Medicare Eligibility
Check?

To help manage Medicare claims, Lloyd’s syndicatesrequire information from coverholders and TPAs/
DCAs on claims involving bodily injuries to US
citizens.

Medicare eligibility undetermined - “U” should beentered in the “Medicare – Outcome of Eligibility
Status Check” field. (Field CR0222). The Lloyd’s
syndicate is now alerted that a US bodily injury claim
has an undetermined Medicare eligibility status at thetime of reporting the claim. Undetermined status may
also mean that an eligibility check was completed, but
not all of the required information was provided togive an accurate result. The coverholder/TPA/DCA
does not need to review the remaining Medicare
questions or complete further Medicare fields. The
Lloyd’s syndicate must ensure that the remaining
Medicare fields are completed prior to the claims
settlement report being submitted to Xchanging.

Guidance is given below on how to complete theMedicare fields.

1. Does the claim involve bodily injury to a
US citizen?
No - If the claim does not involve bodily injury to a US
citizen then no Medicare information is required.
Yes - If the claim does involve bodily injury to a US
citizen then further Medicare information is required.
“Y” should be entered in the “Medicare - UnitedStates bodily injury claim” field. (Field CR0220).
Proceed to question 2.

Positive Medicare eligibility - “Y” should be entered in
the “Medicare – Outcome of Eligibility Status Check”
field. (Field CR0222). The US dollar amount which
the coverholder or TPA/DCA estimates will be theamount to resolve the CMS estimated lien should beentered in the “Medicare – Conditional Payments”
field. (Field CR0223). If you are not aware of any
outstanding amounts, then leave this field blank.
Proceed to question 5.

2. Does the TPA/DCA or coverholder who isreporting have the authority to check theeligibility of Medicare claims?
No - “AW” should be entered in the “Medicare –Eligibility Check Performance” field. (Field CR0221).
This will alert the Lloyd’s syndicate that the Medicare
claims information will need to be obtained fromanother source. The coverholder/TPA/DCA does notneed to review the remaining Medicare questions orcomplete further Medicare fields. The Lloyd’s
syndicate must ensure that the remaining Medicare
fields are completed prior to the claims settlement
report being submitted to Xchanging.

5. Have ExamWorks Clinical Solutions MSP
Compliance Services BEEN USED?
No - “N” should be entered in the “Medicare – MSP
Compliance Services” field. (Field CR224). The
Lloyd’s syndicate is now alerted that the TPA/DCA or
coverholder is not aware of any ExamWorks Clinical
Solutions compliance services having been used in
respect of this claim. Lloyd’s syndicates should be

Yes - Proceed to question 3.

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Lloyd’s Coverholder Reporting Standards Version 5.2

aware that TPAs/DCAs or coverholders who do nothave the authority to use the MSP compliance service
on behalf of the Lloyd’s syndicate may not be able torecord its usage in their claims report. Lloyd’s
syndicates may request information from TPAs/DCAs
and coverholders on MSP compliance services which
are not provided by ExamWorks Clinical Solutions.
Yes - “Y” should be entered in the “Medicare – MSP
Compliance Services” field (Field CR0224).

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Lloyd’s Coverholder Reporting Standards Version 5.2



16 Lloyd’s Brussels

In addition to the data requirements which aremandated by conditions above, the following
information must be provided where business is being
written under a coverholder appointment agreementwith Lloyd’s Brussels, regardless of the location of theactual risk or claim.

Where relevant the reinsurance basis,
Proportional or Non-Proportional, (CR1299)
should be reported.
The full address of the (re)insured should be
provided (CR0038).

For any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels it is mandatory for
managing agents to ensure risk and premium data isprovided to DASATS. It is also mandatory to ensurethat claims data for these risks is provided to
DASATS unless ALL claims under the coverholder
appointment agreement are individually agreed andindividual transactions are processed via theElectronic Claims File (ECF) and/or the Claims Loss
Advice and Settlement System (CLASS). Risk andclaims data must be provided on a monthly basis tosupport financial and actuarial processing andoversight. Premium data can be submitted as per
current submission intervals.

CR0013CR0005CR0001CR0002CR0017CR0016CR0019CR0029CR0035
CR0041
CR0022
CR0030
CR0031
CR0050
CR0057CR0058CR0020
CR0061
CR0021
CR0051
CR0052
CR0053CR0054CR0055

Risk

CR0235

The following fields must be provided on a monthly
basis to support financial and actuarial processing
and oversight. These can either be submitted
separately or together with paid premium information;
it is the timely receipt of these by Lloyd’s Brussels
which is of importance here.

CR0049CR1297
CR0077
CR0078CR1292CR0080
CR0081
CR0082
CR0270
CR0084
CR0085
CR0236
CR0237
CR0086
CR0925
CR1271
CR0069Class of business – either class of business(CR0017) or risk code (CR0016) must be provided.
Coverholder commission – either coverholder
commission % (CR0061) or coverholder commission(CR0235) must be provided.
Deductible – note that deductible or excess currency(CR0053), amount (CR0054) and excess basis(CR0055) are new requirements for EU/EEA
business.

CR1278
CR1280Gross and net – New! There is a requirement tounderstand the net and gross position with respect topremiums. In addition to existing requirements,
details of taxes, fees, brokerage and final net
premium must be provided.

CR0038CR0056
CR1299Premiums

New! The following fields should also be reported

Coverholder name
Unique Market Reference (UMR)
Reporting Period Start Date
Reporting Period (End Date)Class of Business
Risk Code (see list)
Type of Insurance (Direct or Type or Reinsurance)
Certificate Ref
Insured Full Name, Last Name or Company Name
Insured Country (see code list)
Risk, Transaction Type
Risk Inception Date
Risk Expiry Date
Location of risk - Country
Effective Date of Transaction
Expiry Date of Transaction
Original Currency
Commission %Total gross written premium
Sum Insured Currency (see code list)
Sum Insured Amount
Deductible or Excess Currency (see code list)
Deductible or Excess Amount
Deductible or Excess BasisCoverholder Commission Amount for the wholerisk/written premium
Location of risk postcode
Lloyd’s platform
Tax 1 - Jurisdiction: Country, State, Province,
Territory
Tax 1 - Tax TypeTax 1 - Amount of Taxable PremiumTax 1 - %Tax 1 - Fixed Rate
Tax 1 - MultiplierTax 1 - Amount for full written premiumTax 1 - Administered By
Tax 1 - Payable By
Total taxes payable locally
Total taxes payable in London
Other Fees or Deductions Description
Other Fees or Deductions written Amount
Accessori (Italy), written amount
Brokerage % of gross premium
Brokerage Amount for written premium (Original
Currency)
Final Net written Premium to underwriters (Original
Currency)(Re)insured address
Transaction type
Reinsurance basis

In addition to the requirements discussed above,
New! Where possible the number of instalments(CR0288) and the frequency with which premium will
be paid (CR0289) should be provided.

The location of risk postcode (CR0049)
The Lloyd’s platform (CR1297)
The type of transaction (CR0056) should bereported.

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Lloyd’s Coverholder Reporting Standards Version 5.2

Claimswholly) by way of a periodical payment order, or any
periodic payment such as an annuity payment.

VAT on fees - Lloyd’s Brussels will be responsible forcalculating and paying to the Belgian tax authority any
Belgian VAT due on services that it receives where
the service was supplied from outside Belgium. Mostof these services will relate to claims, for example theservices of lawyers, loss adjustors and TPAs/DCAs.
Whether or not VAT will be due from Lloyd’s Brussels
to the Belgian tax authorities will depend on thenature of the services and who the service wasprovided to. Broadly speaking Lloyd’s Brussels will
not be liable to account for Belgian VAT where VAT
has already been paid in another EU jurisdiction, i.e.
where the service was supplied. Therefore, in orderfor Lloyd’s Brussels to calculate VAT payable to theBelgian tax authorities on fees, Lloyd’s Brussels willneed to know whether or not VAT has been paid
locally. Lloyd’s Brussels will also need sufficientevidence of the fees paid to support its VAT
calculations.
A breakdown of the paid this month fees (CR0127)
should be provided. New! Note that references to EU
VAT have been amended to refer to VAT.
Paid this month fees –VAT applied (CR1252)- The gross amount of fees invoiced to theinsurer which have had VAT applied to theinvoice.
Paid this month fees –VAT Amount (CR1253)- The VAT amount which was invoiced to theinsurer on the fees captured (CR0127). Paid
this -month fees – exempt Belgian VAT(CR1254) - The total amount of fees invoiced
to the insurer which are exempt from Belgian
VAT. These fees should only include thefollowing: claims handling fees charged by acoverholder who was involved in the placingof the insurance policy with Lloyd’s Brussels.

Paid this month fees – no VAT applied (CR1255) The total amount of fees invoiced to the insurer whichhave not had any VAT applied to the invoices and are
not exempt from Belgian VAT (CR1254). These fees
will be subject to Belgian VAT as services being
supplied cross border to Lloyd’s Brussels. Where
there is no breakdown of the fees reported, Belgian
VAT (currently 21%) will be applied to the total paid
this month fees (CR0127).
Annuity type claims - New! Lloyd’s Brussels mustclearly identify and report all annuity type claims
separately. To achieve this the Lloyd’s cat code
(CR0138) of PPO should be recorded against eachsuch claim. PPO is a tracking code attributed to any
claim which has been resolved or settled (partially or

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Lloyd’s Coverholder Reporting Standards Version 5.2

17 Appendix One - Field definitions
CR0001

Field

Reporting period start date

CR0001

Definition

The start date for the reporting period being submitted.

CR0001

Risk

NEW! Mandatory for any risks written on Lloyd’s Asia platform.
To be supplied where known for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels.

CR0001

Premium-core risk

To be supplied where known.

CR0001ClaimsTo be supplied where known.

CR0002

Field

Reporting period end date

CR0002

Definition

The end date of the reporting period being submitted. As a minimum the monthand the year must be provided.

CR0002Risk

Mandatory to include the month and year as a minimum.
NEW! Mandatory for any risks written on Lloyd’s Asia platform

CR0002Premium-core risk

Mandatory to include the month and year as a minimum.

CR0002ClaimsMandatory to include the month and year as a minimum.

CR0005

Field

Unique Market Reference UMR

CR0005

Definition

The unique reference for the binding authority or coverholder appointment
agreement, allocated by the Lloyd's market. All UMRs start with B, followed by
the Lloyd’s broker number and a series of characters. The UMR should notcontain any spaces, hyphens, slashes or other punctuation; it should only containthe numbers 0-9 and the letters A-Z. Maximum length 17 characters. The UMR
is stated on the first page of the binding authority or coverholder appointment
agreement schedule.

CR0005

Risk

Mandatory to provide either UMR (CR0005) or agreement number (CR0006)
where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels

CR0005Premium-core risk

Mandatory

CR0005

ClaimsMandatory

CR0006

Field

Agreement No

CR0006

Definition

Any other reference by which the binding authority or coverholder appointment
agreement is known.

CR0006

Risk

Mandatory to provide either UMR (CR0005) or agreement Number (CR0006)
where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual risk.

CR0006Premium-core risk

If the UMR is not known, then the agreement number should be stated; either anagreement number or the UMR to be reported.

CR0006ClaimsIf the UMR is not known, then the agreement number should be stated; either anagreement number or the UMR to be reported.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0007

Field

Section Number

CR0007

Definition

The number of the section from the binding authority or coverholder appointment
agreement, which authorises this class of business to be written.

CR0007

Risk

New! Mandatory to provide the section for any multi-section binding authorities
and coverholder appointment agreements.

CR0007

Premium-core risk

New! Mandatory to provide the section for any multi-section binding authorities
and coverholder appointment agreements.
One or more of the Lloyd’s risk code, section number or a free text description of
the class of business must be given,

CR0007

Claims

New! Mandatory to provide the section for any multi-section binding authorities
and coverholder appointment agreements.
One or more of the Lloyd’s risk code, section number or a free text description of
the class of business must be given.

CR0008Field

Binding Authority Contract Inception Date

CR0008

Definition

The date that the binding authority or coverholder appointment agreement,
incepted.

CR0008ClaimsMandatory for all transactions.

CR0009Field

Binding Authority Contract Expiry Date

CR0009Definition

The date that the binding authority contract or coverholder appointment
agreement, expired.

CR0009ClaimsMandatory for all transactions.

CR0010

Field

Year of AccountCR0010Definition

The year of account is the year in which an insurance or reinsurance contract thatis underwritten by a Lloyd’s syndicate is allocated for accounting purposes andinto which all premiums and claims arising in respect of that contract are payable.
For business written under a binding authority or coverholder appointment
agreement, Lloyd's year of account will typically be the year in which theagreement was incepted; however, for multi-year binding agreements, theagreement may have been transferred to a new year of account.
All policies written under such agreements should be allocated to the year ofaccount to which the binding authority or coverholder appointment agreement has
been allocated, not the year in which the policy was issued.

CR0010

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR0010Premium-core risk

It is not mandatory for the coverholder to provide this information; however, it
must be provided by the broker if it cannot be deduced from the UMR. This
information can be provided in either the bordereau or in an accompanying
document from the London broker.
If this information is known by the coverholder, it is recommended that it isprovided.

CR0010ClaimsMandatory where the business is being written through a Hong Kong domiciled46

Lloyd’s Coverholder Reporting Standards Version 5.2

coverholder or service company, regardless of the location of the actual claim.
CR0011

Field

London Broker Reference

CR0011

Definition

The unique reference for the broker in London which has been assigned by
Lloyd’s.

CR0011

Premium-core risk

It is not mandatory for the coverholder to provide this information; however, it
must be provided by the broker if it cannot be deduced from the UMR. This
information can be provided in either the bordereau or in an accompanying
document from the London broker.
If this information is known by the coverholder, it is recommended that it isprovided.

CR0013

Field

Coverholder NameCR0013

Definition

The name of the coverholder who has created the submission, or the coverholderthat the submission is on behalf of (if submitted by a TPA/DCA). If thecoverholder has multiple locations or branches the branch should also be
identified, where appropriate. In the case of a master binder, each coverholder towhich transactions relate should be identified.

CR0013Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0013

Premium-core risk

Mandatory for all transactions

CR0013ClaimsMandatory for all transactions

CR0014

Field

Coverholder PIN

CR0014

Definition

The unique identifier for the coverholder branch which has been allocated by
Lloyd's. This can be found in Lloyd’s Atlas system. Coverholder Pins are in two
parts, Pin1 and Pin2. Pin1 is 6 digits numeric. Pin2 is 3-character text. So, forexample: 123456XTD

CR0014Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR0014

Premium-core risk

Should be stated if known.

CR0014ClaimsShould be stated if known.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim.

CR0015

Field

Third Party Administrator NameCR0015

Definition

The name of the third-party administrator who has created and is submitting thereport.

CR0015

ClaimsMandatory where a TPA/DCA is submitting the report.

CR0016

Field

Lloyd's Risk CodeCR0016

Definition

Lloyd’s categorises information on risks and premiums using a series of risk
codes. If you are familiar with these, then please specify the risk code for thistransaction. Details of Lloyd’s risk codes can be found on Lloyd’s website.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0016

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory that either Lloyd’s risk code (CR0016) or class of business (CR0017)
be provided for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0016Premium-core risk

To be supplied where known, one or more of the Lloyd’s risk code, section
number or a narrative description of the class of business must be given.

CR0016ClaimsTo be supplied where known, one or more of the Lloyd’s risk code, section
number or a free text description of the class of business must be given.

CR0017

Field

Class of Business Description

CR0017

Definition

A free text description of the class of business.

CR0017

Risk

Mandatory that either Lloyd’s risk code (CR0016) or class of business (CR0017)
be provided for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0017

Premium-core risk

One or more of the Lloyd’s risk code, section number or a free text description of
the class of business must be given.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance where this is the class of business. For suchreporting these codes must be used - PL (Public and Product); and PI(Professional Risk).
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017

CR0017

ClaimsOne or more of the Lloyd’s risk code, section number or a free text description of
the class of business must be given.

CR0018Field

Wet Marine Indicator

CR0018

Definition

Wet marine risks are risks that are exposed to the perils of the sea whilst
consequent on or incidental to navigation. This field should be completed with a“Y” if the risk is a wet marine risk.

CR0018Premium-core riskThis applies to selected risks where the risk is Canadian, i.e. meets the Federal
requirements of Part XIII of Canada’s Insurance Companies Act to insure in
Canada a risk. For further guidance please see Lloyd’s Market Bulletin Y4329.

CR0019Field

Type of Insurance

CR0019Definition

The type of insurance or re-insurance:

Risk
Direct
Facultative ReinsuranceTreaty Reinsurance
Excess of Loss
New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.

CR0019Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.
CR0019Premium-core risk

Mandatory for all transactions

CR0019ClaimsTo be supplied where known.

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Lloyd’s Coverholder Reporting Standards Version 5.2

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim
CR0020

Field

Original Currency of premium

CR0020Definition

The original currency in which the premium was paid. It is recommended that the
ISO 4217, 3 letter alphanumeric currency codes are used.

CR0020

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0020Premium-paid

Mandatory for all transactions

CR0021

Field

Total gross written premium, sum of instalments in original currency ofpremium payment

CR0021

Definition

The total gross written premium that is the sum of premiums being paid as
instalments after applying credits (discounts) and surcharges (loads/levies), but
prior to applying taxes, fees, assessments or special risk premiums (e.g. SASRIA
in South Africa). This should be expressed in the original currency. This should
exclude any terrorism premium such as US TRIA or fees which are being shownas separate transactions – see comments re gross premium. Any fees or interest
charged for paying by instalments should be excluded. The Hong Kong IA Levy
should be excluded.

CR0021

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk for allclasses except where the IA Accounting class (CR1270) is Goods in Transit
GIT. Where the IA Accounting class (CR1270) is Goods in Transit GIT, either
gross written premium (CR0021) or estimated premium income field (CR1277)
must be completed.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0021

Premium-core risk

Mandatory for all transactions

CR0022

Field

Risk, Transaction Type

CR0022

Definition

If this is new business, either completely new to the coverholder, or thecoverholder has not placed this business under a Lloyd’s binding authority or; for
Lloyd’s Brussels - the coverholder appointment agreement; previously then thisshould be marked as new.
If this is a renewal that has previously been placed under a Lloyd’s binding
authority or; for Lloyd’s Brussels - the coverholder appointment agreement; or is arolling monthly premium contract; then this should be marked as a renewal.
For any subsequent transactions, this is the type of transaction – so either anendorsement or a cancellation.
If there are any financial changes; then the risk should be marked as anendorsement.
If all the changes being made are non-financial changes, then the risk should bemarked as an amendment.

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Lloyd’s Coverholder Reporting Standards Version 5.2

Where an error has been made; or where a bound policy has been reinstatedafter automatic cancellation due to the late payment of premium; and thetransaction is reinstated, this should be marked as reinstatement
Recommended Values

CR0022Risk

New business (required value for APRA)
Renewal (required value for APRA)Endorsement
Cancellation
Amendment
Reinstatement
Void from inception
New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0022Premium-core risk

Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
For high product risk products this is the means of identifying policy renewals andcancellations. Mandatory to provide for all binding authority/coverholder
appointment agreements and risks/polices which incept on or after 1 January
2016 where the Risk, Transaction Type is Cancellation, New or Renewal; where
the insured or reinsured is located in the UK or EEA and in respect of highproduct risk products.
Mandatory for all transactions where the risk or the insured are located in Ireland.
Mandatory for all transactions where the risk is Australia for reporting to APRA on
public and product liability and professional indemnity insurance.
Mandatory for Iceland where stamp duty is payable on renewals.
Mandatory for UK Flood Re property policies.

CR0025Field

US Classification of risk

CR0025

Definition

The US classification of the risk:








US Surplus Lines
US Reinsurance
Illinois Licensed
Kentucky Licensed
USVI Licensed (US Virgin Islands)
Non-Regulated
ExemptRisks classified as “Exempt” must be exempt from US state “doing business” andSurplus Lines laws. The Nonadmitted and Reinsurance Reform Act (NRRA)
creates an exemption to the diligent search requirement found in state surplus
lines law where the insured can be defined as an ‘exempt commercial purchaser’(ECP). An important distinction exists between an industrial insured and exempt
commercial purchaser in that an ECP placement is considered surplus lines
business and must be treated as such. The classification “Exempt” must not be
used to identify Surplus Lines risks exempt from tax. Such risks must be classified
as “US Surplus Lines”.
Further details are available from Lloyd’s Crystal; including the definition of an
ECP and the requirements placed on brokers using the ECP provisions.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0025Premium-core risk

Mandatory for all risks where the country of origin is the US, or the original
currency of premium is US dollars.

CR0026

Field

Policy or Group Ref

CR0026

Definition

The unique identifier for the group of risks or certificates such as the policy, orgroup reference.

CR0026

Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk toprovide either certificate reference (CR0029) or policy or group ref (CR0026)
when type of insurance (CR0019) is direct; otherwise optional.

CR0026Premium-core risk

Mandatory for all transactions where a series of certificates have been written
under a group or policy reference.

CR0026ClaimsTo be supplied where known, or as applicable.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim toprovide either certificate reference (CR0029) or policy or group ref (CR0026)
when Type of Insurance (CR0019) is Direct; otherwise optional.

CR0027

Field

Number of Policies

CR0027

Definition

The number of different policies which are covered by this transaction.

CR0027

Premium-core risk

Mandatory where the risk or the insured are located in Spain.

CR0028

Field

Number of Vehicles

CR0028

Definition

The number of different vehicles which are covered by this transaction.

CR0028Premium-core risk

Mandatory where the risk or the insured are located in Spain.

CR0029

Field

Certificate Reference

CR0029Definition

The unique reference for the risk, usually the certificate number.

CR0029

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk toprovide either certificate reference (CR0029) or policy or group ref (CR0026)
when type of Insurance (CR0019) is direct; otherwise optional.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0029Premium-core risk

Mandatory for all transactions

CR0029ClaimsMandatory for all transactions to report the unique reference for the risk to which
the claim relates.

CR0030

Field

Risk Inception Date

CR0030Definition

The inception date of the risk; the date on which coverage starts.

CR0030

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

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CR0030Premium-core risk

Mandatory for all transactions. Where the period of coverage cannot be
expressed as dates; details should be provided in the” Period of Cover Narrative”
field.

CR0030ClaimsMandatory for all transactions. Where the period of coverage cannot be
expressed as dates; details should be provided in the” Period of Cover Narrative”
field (CR0032).

CR0031

Field

Risk Expiry Date

CR0031

Definition

The expiry date of the risk; the date on which coverage ends.

CR0031

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk whentransaction type (CR0056) is original premium. Optional for other transaction
types.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0031

Premium-core risk

Mandatory for all transactions. Where the period of coverage cannot be
expressed as dates; details should be provided in the” Period of Cover Narrative”
field (CR0032).

CR0031ClaimsMandatory for all transactions. Where the period of coverage cannot be
expressed as dates; details should be provided in the” Period of Cover Narrative”
field.

CR0032

Field

Period of Cover - Narrative

CR0032

Definition

Where the period of cover cannot be defined by specific dates, a narrativedescription of the cover.

CR0032Premium-core risk

Required where the period of cover cannot be expressed as dates.

CR0032ClaimsRequired where the period of cover cannot be expressed as dates.

CR0033

Field

Name or Registration No of Aircraft, Vehicle, Vessel etc.

CR0033

Definition

The name of the ship, registration number of the aircraft, registration number ofthe vehicle etc.

CR0033

Premium-core risk

Mandatory to provide the registration number for all aircraft. Mandatory to provide
the registration number for Spanish vehicles. May be requested by theunderwriter for other territories and classes.

CR0033ClaimsTo be supplied where known or as applicable.

CR0034

Field

Insured or reinsured First Name

CR0034

Definition

The first name of the insured, or for reinsurance the first name of the reinsured.
Where the name of the insured cannot be split into first and last names the fullname of the insured should be given in the “Insured or reinsured Full Name, Last
Name or Company Name” field.

CR0034

Premium-core risk

Required for all insurance where the insured is an individual.

CR0035

Field

Insured or reinsured Full Name, Last Name or Company Name

CR0035

Definition

One of the following to be shown: -52

Lloyd’s Coverholder Reporting Standards Version 5.2

The name of the company
The full name of the individual insured
Where the first name is shown separately, the last name of the insured
or reinsured
Where the name of the insured/reinsured is not known a code touniquely identify them should be supplied instead, where appropriate.
(Please note that for high product risk products this would only beappropriate in exceptional circumstances).
New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.


CR0035

Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.
CR0035Premium-core risk

Mandatory for all transactions.

CR0035

ClaimsMandatory for all transactions.

CR0036

Field

Fiscal CodeCR0036

Definition

The fiscal code (allocated to an organisation or individual by the Italian tax
authority) for the enterprise or individual who is insured, or reinsured
In other territories, the company registration number should be given.

CR0036Premium-core risk

The individual policyholder’s fiscal code is required where the insured is located in
Italy for insurance premiums paid on personal accident and life risks.
The individual or company policyholder’s fiscal code is required where the insured
is located in Italy for insurance contracts except third party liability and assistancecontracts.
In other countries, the company registration code is recommended.

CR0037

Field

NAIC CodeCR0037

Definition

The NAIC company code of the ceding US insurer, that is, the US reinsured. If
there are multiple NAIC codes, then the premium should be split over each codeand thus appear on different rows. If the cedant does not have a NAIC code, thenthe FEIN for the cedant must be specified.
The NAIC code is a code assigned by the National Association of InsuranceCommissioners. Not all companies will be registered with NAIC; they would haveregistered if they want to be able to credit their insurance when they make theirreturns to the state authorities.
FEIN
If a company does not have a NAIC code, then they may instead supply a FEIN
code. This is a federal employer identification number. All companies will havesuch a tax code.
Formats
NAIC company code - up to 5 characters numeric (99999)
NAIC group code, assigned to a group of companies - up to 4 characters numeric(9999)NAIC pools and associations code, assigned to associations etc. - 2 alpha, dash,
7 numeric (AA-9999999)
FEIN code - 2 numeric, dash, 7 numeric (99-9999999)

53

Lloyd’s Coverholder Reporting Standards Version 5.2

If you are storing these in your system, you might want to note what sort of code
you are storing or map to different columns etc.
CR0037

Premium-core risk

Mandatory for business classified as US Reinsurance.
New! For US insurance business, provide if known.

CR0038

Field

Insured or reinsured address

CR0038

Definition

The full address for the insured, or for reinsurance the full address of thereinsured. This should be where the insured/reinsured is resident, if they are a
private individual, or has its main operating address, if it is a corporate body.

CR0038Premium-core risk

New! Mandatory for any risks incepting on coverholder appointment agreementswith Lloyd’s Brussels.
Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 for all insureds and reinsureds where the insured or reinsured is located in the UK or EEA.
Mandatory for insured or reinsured where the country of origin is Italy, South
Africa or Spain.
Used for reporting fire brigade charges in Spain. This is also now needed for any
risks located in Navarra for premium tax.
Mandatory for Kentucky where this information is required for the calculation andreporting of municipal tax payments.
Mandatory in Portugal where the information is required to calculate fire brigade
charges.
Mandatory in Australia:
To meet the requirements of the Australian Reinsurance Pool
Corporation Scheme where the risk is an ‘eligible insurance contract’ as
defined by the Australian Terrorism Act 2003.

For reporting to APRA on public and product liability and professional
indemnity insurance. Where the postcode of the principal risk isrequired.
It is strongly recommended that full details of the insured’s, or the reinsured’s,
address are provided for all risks in all locations, especially when reporting written
premium.
CR0038ClaimsTo be supplied where known.

CR0039Field

Insured or reinsured Country Sub-division: State, Province, Territory,
Canton etc.

CR0039Definition

If the country in which the insured/reinsured is resident, if they are a private
individual, or has its main operating address, if it is a corporate body is a country
with sub-divisions such as states, then the sub-division.

CR0039Premium-core risk

Mandatory for all countries which include sub-divisions.

CR0039ClaimsMandatory for all countries which include sub-divisions.

CR0040

Field

Insured or reinsured Postcode, Zip Code or similar

CR0040Definition

The post code, zip code or similar for the insured, or reinsured. This should be
where the insured/reinsured is resident, if they are a private individual, or has its
main operating address, if it is a corporate body.

CR0040Premium-core risk

Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 for all insureds and re-54

Lloyd’s Coverholder Reporting Standards Version 5.2

insureds where the insured or reinsured is located in the UK or EEA.
Mandatory for insured or reinsured where the country of origin is Australia, Italy,
South Africa or Spain.
Used for reporting fire brigade charges in Spain. This is also now needed for any
risks located in Navarra for premium tax.
Mandatory for Kentucky where this information is required for the calculation andreporting of municipal tax payments.
Mandatory in Portugal where the information is required to calculate fire brigade
charges.
Mandatory in Australia:
To meet the requirements of the Australian Reinsurance Pool
Corporation Scheme where the risk is an ‘eligible insurance contract’ as
defined by the Australian Terrorism Act 2003.

For reporting to APRA on public and product liability and professional
indemnity insurance. Where the postcode of the principal risk isrequired.
Provision of the postcode can help to derive the Tier the risk relates to. The
Australian Reinsurance Pool Corporation has a downloadable list on their website
listing all Australian postcodes and their corresponding Tiers.


It is strongly recommended that full details of the insured address are provided for
all risks in all locations, especially when reporting written premium.
CR0040ClaimsTo be supplied where known.

CR0041

Field

Insured or reinsured Country

CR0041

Definition

The country in which the insured is resident, if they are a private individual, or has
its main operating address, if it is a corporate body. For a reinsurance contract,the country in which the ceding insurer’s office is situated. For a global or multinational policy, the country in which the insured’s head or main office is situated.
For a master policy, the country in which the master policyholder is situated. If
there are multiple parties with an interest in the risk domiciled in different
countries, it is necessary to designate the country most appropriate in thecircumstances as the “country of origin”. It is recommended that the ISO 3166 2
letter country codes are used.

CR0041

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0041

Premium-core risk

Mandatory for all transactions

CR0041ClaimsMandatory for all transactions

CR0042

Field

Location of risk - Location ID

CR0042

Definition

A unique identifier for a property risk with more than one location. Each location
should be identifiable, so there is clarity about which location the claim relates to.

CR0042ClaimsTo be supplied where known, or as applicable.

CR0046

Field

Location of risk Address

CR0046

Definition

The full address of the risk. Lloyd’s risk locator tool can be used to help confirm

55

Lloyd’s Coverholder Reporting Standards Version 5.2

the location of the risk.
CR0046Premium-core risk

Mandatory for Flood Re.
Required for risks located in France, Italy and Spain. Used for reporting of firebrigade charges in Spain. Also required for taxable risks in Italy and for French
legislation details.
Mandatory for Kentucky where this information is required for the calculation andreporting of municipal tax payments.
Mandatory in Portugal where the information is required to calculate fire brigade
charges.
Mandatory in Australia to meet the requirements of the Australian Reinsurance
Pool Corporation Scheme. Mandatory for risks where the postcode is either 2000
(Sydney), 3000 (Melbourne), 4000 (Brisbane), 5000 (Adelaide) and 6000 (Perth).
This only applies to risks that are deemed an ‘eligible insurance contract’ as
defined by the Australian Terrorism Insurance Act 2003.
It is strongly recommended that full details of the risk address are provided for all
risks in all locations, especially when reporting written premium.

CR0046ClaimsTo be supplied where known.

CR0047

Field

Location of risk County

CR0047

Definition

If the risk is located in a country with counties, then the county in which the risk islocated.

CR0047

Premium-core risk

Mandatory for Flood Re
Preferred for risks located in countries with counties

CR0048

Field

Location of risk Country Sub-division

CR0048

Definition

If the risk is located in a country with sub-divisions, for example states, then the
sub-division in which the risk is located.
Some risks may need to be split across a series of rows of detail where elementsof the risk are located in more than one country sub-division.

CR0048Premium-core risk

Mandatory for all countries which include states and provinces.
All new policies incepting or renewing on or after 1 July 2018 for risks located in
one of the following Spanish regions
Spain Navarra (NV)Spain Alava (AL)Spain Guipuzcoa (GU)Spain Vizcaya (VZ)
This field is only mandatory if the location of the risk is different to the insured
details already specified in the column “Insured or Reinsured State, Province,
Territory, Canton etc.”

CR0048ClaimsCR0049Field

Location of risk Postcode, zip code or similar

CR0049Definition

The postcode, zip code or similar for the risk.

CR0049

Risk

New! Mandatory for any risks incepting on coverholder appointment agreementswith Lloyd’s Brussels.
New! Mandatory for any risks located in Spain for tax reporting. A risk is locatedin Spain for tax purposes if it relates to:

fixed and/or moveable property (excluding goods in transit) situated in the56

Lloyd’s Coverholder Reporting Standards Version 5.2

territory,or motor vehicles, ships, yachts or aircraft registered in the territory,or travel risks of a duration of four months or less taken out in the territory,or any other type of risk (not listed above) where the insured is habituallyresident in the territory or, in the case of a corporate insured, its businessestablishment to which the risk relates is situated in the territory.

For risks located in Spain, the postcode to be reported is








CR0049Premium-core risk

The postcode for fixed property should be the postcode where theproperty is situated.
For vehicles (including motor vehicles, ships, yachts and aircraft) the
postcode at the address to which the vehicle is registered should bereported.
If there is no registration address, then the postcode of the Spanish
policyholder’s address should be reported.
For risks that are not associated with fixed property or vehicles (such as
casualty risks or moveable property including goods in transit risks) the
postcode of the Spanish policyholder’s address should be reported
Risks that are associated with a non-Spanish policyholder for which no
Spanish address/postcode is available are considered to be located at
the address of Lloyd’s Spain. The address and postcode for Lloyd’s Spain
is: Lloyd’s Iberia Representative, S.L.U.; C/ Pinar 7, 1º drcha.; 28006
MadridNew! Mandatory for any risks located in Spain for tax reporting. A risk is locatedin Spain for tax purposes if it relates to:

fixed and/or moveable property (excluding goods in transit) situated in the
territory,or motor vehicles, ships, yachts or aircraft registered in the territory,or travel risks of a duration of four months or less taken out in the territory,or any other type of risk (not listed above) where the insured is habituallyresident in the territory or, in the case of a corporate insured, its businessestablishment to which the risk relates is situated in the territory.

For risks located in Spain, the postcode to be reported is








The postcode for fixed property should be the postcode where theproperty is situated.
For vehicles (including motor vehicles, ships, yachts and aircraft) the
postcode at the address to which the vehicle is registered should bereported.
If there is no registration address, then the postcode of the Spanish
policyholder’s address should be reported.
For risks that are not associated with fixed property or vehicles (such as
casualty risks or moveable property including goods in transit risks) the
postcode of the Spanish policyholder’s address should be reported
Risks that are associated with a non-Spanish policyholder for which no
Spanish address/postcode is available are considered to be located at
the address of Lloyd’s Spain. The address and postcode for Lloyd’s Spain
is: Lloyd’s Iberia Representative, S.L.U.; C/ Pinar 7, 1º drcha.; 28006
MadridMandatory for Flood Re
Required for risks located in France, Italy and Spain. Used for reporting of firebrigade charges in Spain. Also required for taxable risks in Italy and for French
legislation details.

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Lloyd’s Coverholder Reporting Standards Version 5.2

Mandatory for Kentucky where this information is required for the calculation andreporting of municipal tax payments.
Mandatory in Portugal where the information is required to calculate fire brigade
charges.
Mandatory in Australia to meet the requirements of the Australian Reinsurance
Pool Corporation Scheme. This only applies to risks that are deemed an ‘eligible
insurance contract’ as defined by the Australian Terrorism Insurance Act 2003.
It is strongly recommended that full details of the risk address are provided for all
risks in all locations, especially when reporting written premium.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide the postcode of the principal risk
CR0049ClaimsTo be supplied where known.

CR0050Field

Location of risk Country

CR0050Definition

The country where the risk is located. Lloyd’s risk locator tool can be used to help
confirm the location of the risk.
Some risks may need to be split across a series of rows of detail where elementsof the risk are located in more than one country.
It is recommended that the ISO 3166 2 letter country codes are used.

CR0050

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0050Premium-core risk

Mandatory for all transactions

CR0050ClaimsThis field is only mandatory if the location of the risk is different to the insured
details already specified in the column “Insured or Reinsured Country.”

CR0051

Field

Total Sum insured Currency

CR0051

Definition

The currency in which the sum insured is expressed. It is recommended that the
ISO 4217, 3 letter alphanumeric currency codes are used.

CR0051

Risk

NEW! Mandatory for any risks written on Lloyd’s Asia platform
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk –







Mandatory for the IA Accounting Class (CR1270) GL, and IA Subaccounting class (CR1272) EC; type of insurance code (CR0019) DI;
and transaction type (CR0056) is original premium.
Also mandatory for the IA Accounting Class (CR1270) MDL, IA Subaccounting class (CR1272) COMP or SOD; type of insurance code
(CR0019) DI; and transaction type (CR0056) is original premium
Mandatory when Total Sum Insured Amount field (CR0052) is populated.
Optional for all other classes.

Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.
CR0051

Premium-core risk

Mandatory for all transactions

CR0052

Field

Total Sum insured Amount58

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0052

Definition

The total amount of the sum insured expressed in the sum insured currency.
EIOPA (the European Insurance and Occupational Pensions Authority, one of thethree European Supervisory Authorities) has defined the Sum Insured as thehighest amount that the insurer can be obliged to pay out before taking into
account possible original deductible of the policyholder.

CR0052

Risk

NEW! Mandatory for any risks written on Lloyd’s Asia platform.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk –







Mandatory for the IA Accounting Class (CR1270) GL, and IA Subaccounting class (CR1272) EC; type of insurance (CR0019) Direct; andtransaction type (CR0056) is original premium.
Also mandatory for the IA Accounting Class (CR1270) MDL, IA Subaccounting class (CR1272) COMP or SOD; type of insurance (CR0019)
Direct; and transaction type (CR0056) is original premium
Mandatory when Total Sum Insured Amount field (CR0052) is populated.
Optional for all other classes.

Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.
CR0052Premium-core risk

Mandatory for all transactions

CR0053

Field

Deductible/Excess Currency

CR0053

Definition

The currency in which the deductible/excess is expressed. It is recommended
that the ISO 4217, 3 letter alphanumeric currency codes are used.

CR0053

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.

CR0053

Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Also, to assist Lloyd’s syndicates to meet theirreporting requirements under the Australian Reinsurance Pool Corporation
scheme (applicable to ‘eligible insurance contracts’ as defined by the AustralianTerrorism Insurance Act 2003.
Required in Canada for Ontario liability business, earthquake coverage in British
Columbia and Quebec. Mandatory in Canada for automobile business for thefollowing provinces Alberta, New Brunswick, Newfoundland, Nova Scotia,
Ontario, Prince Edward Island and Quebec; and for the following territories
Yukon, Nunavut and the Northwest Territories.

CR0054

Field

Deductible/Excess AmountCR0054

Definition

The deductible or excess for the policy. This should be 100% of the value andthe percentage for the contract. Total of all deductibles or excesses applied tothis claim in whole dollars. For Liability XOL policies, the relevant attachment
point should be reported.
How much of any claim that an insured must bear before the insurer becomes
liable. Where different levels exist for different classes of claim, the excess that ismost commonly applied for such policies, or where that is not available, theminimum applied.

CR0054

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Mandatory for any risks incepting on coverholder appointment agreements with59

Lloyd’s Coverholder Reporting Standards Version 5.2

Lloyd’s Brussels.
CR0054

Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Also, to assist Lloyd’s syndicates to meet theirreporting requirements under the Australian Reinsurance Pool Corporation
scheme (applicable to ‘eligible insurance contracts’ as defined by the AustralianTerrorism Insurance Act 2003.
Required for Ontario liability business, earthquake coverage in British Columbia
and Quebec. Mandatory in Canada for automobile business for the following
provinces Alberta, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince
Edward Island and Quebec; and for the following territories Yukon, Nunavut andthe Northwest Territories.
Required in Canada for Ontario liability business and for earthquake coverage in
British Columbia and Quebec. Also required in Canada for automobile businessfor the following provinces Alberta, New Brunswick, Newfoundland, Nova Scotia,
Ontario, Prince Edward Island and Quebec; and for the following territories
Yukon, Nunavut and the Northwest Territories.

CR0054ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0055

Field

Deductible/Excess Basis

CR0055

Definition

The basis on which the deductible/excess has or will be calculated.
Suggested values: -CR0055

Risk

CR0055Premium-core risk
Any one accident or occurrenceIn aggregateAny one claim
Any one event
Any one interest
Any one loss
Any one person, passenger or patientCombines single limit any one lossCombined single limitEach and every lossEach and every interest
Mandatory for any risks incepting on coverholder appointment agreements with
Lloyd’s Brussels.
Required for Ontario liability business, earthquake coverage in British Columbia
and Quebec.
Mandatory in Canada for automobile business for the following provinces Alberta,
New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island andQuebec; and for the following territories Yukon, Nunavut and the Northwest
Territories.

CR0055

ClaimsTo be supplied where known.

CR0056

Field

Transaction Type

CR0056

Definition

The type of transaction being reported; for example:






Original premium
Additional premium
Return premium
Additional premium for brokerage or commission
Additional premium for fees or expenses
60

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0056Risk


Return premium for fees or expensesReturn premium for brokerage or commission
New! Mandatory for any risks incepting on coverholder appointment agreementswith Lloyd’s Brussels.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR0056Premium-paid

Mandatory for all transactions

CR0057

Field

Effective Date of Transaction

CR0057

Definition

The date from which this transaction applies. For example, if this is anendorsement, then the date of the endorsement. If this is a cancellation, then thedate of the cancellation.

CR0057

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual risk - Mandatory forTransaction Type (CR0056) Additional Premium and Return Premium. Optional
for Transaction Type (CR0056) Original Premium.
For any risks incepting on coverholder appointment agreements with Lloyd’s
Brussels Mandatory for all transactions for which the risk inception date is not thestart date; for example, the endorsement start date.
For high product risk products this field should be used for the date ofcancellation,

Mandatory where the Risk, Transaction Type (CR0022) is “Cancellation”
where the insured or reinsured is located in the EEA and in respect ofhigh product risk products
Mandatory for all transactions for which the risk inception date is not the start
date; for example, the endorsement start date.
CR0057

Paid core Risk
conditions

For high product risk products this field should be used for the date ofcancellation, Mandatory to provide for all binding authority/coverholder
appointment agreements and risks/polices which incept on or after 1 January
2016 where the Risk, Transaction Type (CR0022) is “Cancellation” where theinsured or reinsured is located in the UK or EEA and in respect of high productrisk products.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance where this is the effective start date.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017
CR0058

Field

Expiry Date of Transaction

CR0058

Definition

The date the transaction ends. For example, if this is an endorsement which only
applies for one month then the end date of the period for which it applies.

CR0058

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual risk - Mandatory forTransaction Type (CR0056) Additional Premium and Return Premium; Optional
for Transaction Type (CR0056) Original Premium.
For any risks incepting on coverholder appointment agreements with Lloyd’s

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Lloyd’s Coverholder Reporting Standards Version 5.2

Brussels - Mandatory for all transactions where the end/expiry date is known, andthis is not the same as the risk expiry date; for example, the endorsement end
date for a fixed period endorsement.
CR0058Paid core Risk
conditions

Mandatory for all transactions where the end/expiry date is known, and this is not
the same as the risk expiry date; for example, the endorsement end date for a
fixed period endorsement.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance, where this is the effective end date.

CR0059Field

Gross premium paid this time in original currency of premium

CR0059Definition

The premium paid in this transaction before any deductions.
If this transaction is an instalment, this should be the gross amount of thisinstalment.
Where an element of the premium is for terrorism premium such as UK Pool Re
or US TRIA then this needs to be shown as a separate transaction, for example
on a separate row on the spreadsheet. For example: Gross premium paid thistime is $100 of which $20 is TRIA. This would be shown as two separatetransactions one for $80 and one for $20. Class of business and/or risk code
fields should be used to identify the type of transaction.
For Australian and French business to which, respectively, the ATIA and
GAREAT schemes apply, the Lloyd’s “overseas legislation” terrorism risk codes
must be used on all applicable business. The allocation of premium for thispurpose is necessary so that Lloyd’s has the ability to analyse in detail applicablebusiness under these risk codes for RDS and risk management purposes.
For further information on terrorism premiums please see section 4.11 on
terrorism in Lloyd’s risk code guidance notes which can be found on Lloyd’s
website.
If you are unable to separate terrorism premium or allocations as a separatetransaction/row then the gross and net premium columns should include theterrorism amount, and in addition the terrorism amount should be shown in theterrorism premium/allocation column.
For Italian transactions, please indicate whether this isCR0059Premium-paid

Taxable premium - gross of accessori and commission (Premio
imponibile)
Gross premium - gross of commission (Premio Netto)Total premium, gross of accessori commission and taxes (Premio lordo)
Mandatory for all transactions

CR0060

Field

Terrorism premium or allocation in original currency of premium

CR0060Definition

To contain terrorism premium such as UK Pool Re or US TRIA, or allocation
relating to GAREAT or ATIA, when this cannot be displayed as a separatetransaction

CR0060Premium-paid

If you are unable to provide the terrorism premium (such as UK Pool Re or US
TRIA terrorism premium) as a separate transaction, then this should instead beshown in this column.



See comments re allocation of premium under CR0059.
CR0061

Field

Commission %62

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0061

Definition

The commission taken by the coverholder expressed as a % of the grosspremium in the original currency. This may include commission to retail brokers
or introducers - New! But if commission to retail brokers etc has been reported
separately, then that should not be included here as well.

CR0061

Risk

Mandatory that either the coverholder commission amount (CR0235) orcoverholder commission % (CR0061) must be completed where it is charged
where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual risk;
Mandatory that either the coverholder commission amount (CR0235) orcoverholder commission % (CR0061) must be completed where it is charged forany risks incepting on coverholder appointment agreements with Lloyd’s Brussels

CR0061

Premium-paid

Mandatory for all transactions

CR0062

Field

Commission amount in original currency of premium

CR0062

Definition

The commission taken by the coverholder expressed as an amount in the original
currency. This may include commission to retail brokers or introducers.

CR0062Premium-paid

Mandatory for all transactions

CR0063

Field

Accessori amount in original currency of premium

CR0063

Definition

The amount of any accessori added by the coverholder in Italy.

CR0063

Premium-paid

Mandatory for Italian transactions; if no accessori has been deducted then statezero.

CR0064

Field

Total Taxes and Levies in original currency of premium

CR0064

Definition

The sum of any taxes, levies or Para fiscal fees which have been added or
deducted from the gross premium. Expressed in the original currency.
If this amount needs to be deducted from the original premium to give the net,
then it is recommended that a minus sign should be shown.

CR0064

Premium-paid

Mandatory if taxes have been added or deducted from the gross premium being
declared.

CR0065Field

Net Premium to London in original currency of premium

CR0065

Definition

The premium being paid to the broker in London. That is the premium paid in thistransaction. All deductions and additions should be listed in the appropriate tax orlevy, coverholder commission or accessori field. The amount should be
expressed in the original currency.
This should exclude any terrorism premium such as UK Pool Re or US TRIA orfees which are being shown as separate transactions. See comments reallocation of premium under CR0059.
If you are unable to separate terrorism premium or allocation as a separatetransaction/row then the gross and net premium columns should include theterrorism amount, and in addition the terrorism amount should be shown in theterrorism premium/allocation column.
If this transaction is an instalment, this should be the net amount of thisinstalment.

CR0065Premium-paid

Mandatory for all transactions

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0066

Field

Settlement currency of premium payments to London

CR0066

Definition

The currency in which the coverholder is paying premiums to London. This may
be the same or different to the original currency.
This will typically be one of Lloyd’s settlement currencies:
AUD - Australian Dollar
CAD - Canadian Dollar

DKK - Danish Krone
EUR - Euro
HKD - Hong Kong Dollar

NZD - New Zealand Dollar
NOK - Norwegian Krone
GBP - Pound Sterling
ZAR - Rand
SGD - Singapore DollarSEK - Swedish Krona
CHF - Swiss FrancUSD - US Dollar
JPY - Yen
It is recommended that the ISO 4217, 3 letter currency code be used.

CR0066Premium-paid

Mandatory for all transactions

CR0067

Field

Rate of exchange between original currency of premium and settlement
currency of premium payment to London

CR0067

Definition

The rate of exchange between the original and settlement currency.
For example, if the original currency was Euros and the settlement currency is
Pounds Sterling and 1 Euros = 0.82 Pound. 1 divided by 0.82 = 1.22; so, the rateof exchange would be 1.22

CR0067

Premium-paid

Mandatory where payment to London is being made in a different currency to theoriginal currency of the premium.

CR0068Field

Net Premium to London in settlement currency of premium payments to
LondonCR0068

Definition

The amount of premium being paid to the broker in London. That is the premium
paid in this transaction. All deductions and additions should be listed in theappropriate tax or levy, coverholder commission or accessori field. The amountshould be expressed in the settlement currency.
This should exclude any UK Pool Re or US TRIA terrorism premium, GAREAT or
ATIA allocations, or fees which are being shown as separate transactions – seecomments re gross premium.
See comments re allocation of premium under CR0059

CR0068Premium-paid

Mandatory where payment to the broker in London is being made in a different
currency to the original currency of the premium.

CR0069Field

Brokerage percentage of gross premium

CR0069Definition

The amount being deducted as brokerage expressed as percentage of the grosspremium paid by the insured.

CR0069Risk

Mandatory to either provide brokerage percentage of gross premium (CR0069) or
Lloyd’s brokerage amount for the Risk (CR1278) where the business is being64

Lloyd’s Coverholder Reporting Standards Version 5.2

written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual risk.
CR0069Premium-paid

Required where the brokerage is being settled in the original currency. This
information can be provided in either the bordereau or in an accompanying
document from the London broker.

CR0070

Field

Brokerage Amount in original currency of premium payment

CR0070Definition

The amount being deducted as brokerage expressed in the original currency.

CR0070Premium-paid

Required for all transactions. This information can be provided in either thebordereau or in an accompanying document from the London broker

CR0071

Field

Final Net Premium in original currency of premium payment

CR0071

Definition

The final net premium amount - that is the gross premium after all deductions andadditions including the coverholder commission and the brokerage, expressed in
the original currency.

CR0071

Premium-paid

Required for all transactions. This information can be provided in either thebordereau or in an accompanying document from the London broker.
For high product risk products this is amount to be paid to insurer(s) (net ofcommissions/brokerage. Mandatory for all binding authority/coverholder
appointment agreements and risks/polices which incept on or after 1 January
2016 to provide the name of the policyholder; where the insured or reinsured islocated in the UK or EEA and in respect of high product risk products.

CR0072

Field

Final net premium settlement currency

CR0072

Definition

Where the London broker has received premium in the original currency andneeds to convert this to a settlement currency, the settlement currency.
This must be one of the following currencies:















AUD - Australian Dollar
CAD - Canadian Dollar
DKK - Danish Krone
EUR - EuroHKD - Hong Kong Dollar
NZD - New Zealand Dollar
NOK - Norwegian Krone
GBP - Pound Sterling
ZAR - Rand
SGD - Singapore Dollar
SEK - Swedish Krona
CHF - Swiss FrancUSD - US Dollar
JPY - Yen

It is recommended that the currency code be used.
CR0072Premium-paid

Required for all transactions where the London broker is settling in a different
currency to that which the coverholder paid them. This information can beprovided in either the bordereau or in an accompanying document from theLondon broker.

CR0073

Field

Rate of Exchange original currency of premium payment to final net
premium settlement currency

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0073

Definition

The rate of exchange between the original and settlement currency. For
example, if the original currency was Euros and the settlement currency is
Pounds Sterling and 1 Euros = 0.82 Pound. 1 divided by 0.82 = 1.22, so the rateof exchange would be 1.22.

CR0073

Premium-paid

Required where the brokerage is being settled in a different currency to theoriginal currency.
This information can be provided in either the bordereau or in an accompanying
document from the London broker.

CR0074

Field

Brokerage Amount in final net premium settlement currency

CR0074

Definition

The amount being deducted as brokerage expressed in the settlement currency.

CR0074

Premium-paid

Required where the premium is being settled in a different currency to the original
currency.
This information can be provided in either the bordereau or in an accompanying
document from the London broker.

CR0075

Field

Final Net Premium in final net premium settlement currency

CR0075

Definition

The final net premium amount - that is the gross premium after all deductions andadditions including the coverholder commission and the brokerage, expressed in
the settlement currency.

CR0075Premium-paid

Required where the premium is being settled in a different currency to the original
currency.
This information can be provided in either the bordereau or in an accompanying
document from the London broker.

CR0076

Field

Final net premium percentage for Lloyd's

CR0076

Definition

The proportion of the final net premium which is for the Lloyd's market expressed
as a percentage.

CR0076Premium-paid

Required where 100% of the final net premium is not for the Lloyd's market; but
the submission is being made for the Lloyd's market. This information can beprovided in either the bordereau or in an accompanying document from theLondon broker.

CR0077Field

Tax Jurisdiction

CR0077

Definition

The jurisdiction to which the tax is payable. This might be a country, state,province, county or parish for example.

CR0077

Premium-paid

Required for all taxes, levies and Para fiscal charges

CR0078Field

Tax Type

CR0078

Definition

The tax which is applicable to the premium being reported.

CR0078Premium-paid

Required for all taxes, levies and Para fiscal charges.

CR0079Field

Amount of Taxable Premium

CR0079Definition

The amount of premium, and fees if appropriate, to which the tax applies. If thisamount needs to be deducted from the original premium to give the net, then it isrecommended that a minus sign should be shown.

CR0079Premium-paid

Required for all taxes, levies and Para fiscal charges

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0080Field

Tax Percentage

CR0080Definition

If the tax or levy is a percentage, then the percentage rate at which the tax is
applied.

CR0080Premium-paid

Required for all taxes, levies and Para fiscal charges where the tax is apercentage

CR0081Field

Tax Fixed Rate

CR0081

Definition

If the tax or levy is a fixed rate, then the fixed rate at which the tax is applied.

CR0081

Premium-paid

Required for all taxes, levies and Para fiscal charges where the tax is a fixed rate
or a multiple of a fixed rate

CR0082

Field

Tax MultiplierCR0082

Definition

The number of items to which the fixed rate has been applied. For example, if
this is the number of vehicles and the number of vehicles is 5, then the multiplieris 5.

CR0082Premium-paid

Required for all taxes, levies and Para fiscal charges where the tax is a multiple ofa fixed rate

CR0083Field

Tax AmountCR0083

Definition

The total tax liability for a specific tax against the premium amount being reported.
The amount should be expressed in the original currency of the premium.

CR0083

Premium-paid

Required for all taxes, levies and Para fiscal charges
For high product risk products this is where the total IPT should be stated.
Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 to provide the name of thepolicyholder; where the insured or reinsured is located in the UK or EEA and inrespect of high product risk products.

CR0084Field

Tax Administered By

CR0084

Definition

The party responsible for settling the tax with the relevant tax authorities.

CR0084

Premium-paid

Required for all taxes, levies and Para fiscal charges

CR0085Field

Tax Payable By

CR0085

Definition

The party bearing the economic cost of the tax.

CR0085Premium-paid

Required for all taxes, levies and Para fiscal charges

CR0086

Field

Other fee Description

CR0086

Definition

A description of the fee or other deduction or addition being made to the premium

CR0086Premium-paid

For high product risk products this is the description of the total other fees to be
paid by Lloyd’s customer in connection with this product. Mandatory to provide
for any fee transaction specifically attached to the policy. For all binding
authority/coverholder appointment agreements and risks/polices which incept onor after 1 January 2016. Where the insured or reinsured is located in the UK or
EEA. And in respect of high product risk products. It is not required to disclose
any fees which have been charged to the customer by their retail broker if thatretail broker is not acting on behalf of the underwriter.
Mandatory where the insured or the risk is located in South Africa excluding67

Lloyd’s Coverholder Reporting Standards Version 5.2

reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
Fees paid by an insurer to an aggregator or lead generator as a remuneration forservices rendered by the aggregator or lead generator to be collected from the
Lloyd’s syndicate this monthCR0087

Field

Other fee AmountCR0087

Definition

The total amount being added or deducted.

CR0087

Premium-paid

For high product risk products this is the total other fees to be paid by Lloyd’s
customer in connection with this product. Mandatory to provide for any fee
transaction specifically attached to the policy. For all binding authority/coverholder
appointment agreements and risks/polices which incept on or after 1 January
2016 where the insured or reinsured is located in the UK or EEA and in respect ofhigh product risk products. It is not required to disclose any fees which havebeen charged to the customer by their retail broker if that retail broker is not
acting on behalf of the underwriter. If no such fees have been charged and theother conditions apply, then an amount of zero should be given.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
Fees paid by an insurer to an aggregator or lead generator as a remuneration forservices rendered by the aggregator or lead generatorto be collected from the
Lloyd’s syndicate this monthCR0088Field

US State of Filing

CR0088

Definition

The US home state in which the transaction was filed.
Where the inception date of the risk is on or after the 21st July 2011, the home
state should be reported.
In accordance with NRRA sec. 527, the term home state is defined as: (A) In general, except as provided in (B) below
the state in which an insured maintains its principal place of business, or in thecase of an individual, the individual’s principal residence; orIf 100 percent of the insured risk is located out of the state referred to in clause (i),the state to which the greatest percentage of the insured’s taxable premium forthat insurance contract is allocated.
(B) Affiliated groups - If more than 1 insured from an affiliated group are named
insured on a single nonadmittance insurance contract, the term “home state”
means the home state, as determined by (A) above of the member of the affiliatedgroup that has the largest percentage of premium attributed to it under suchinsurance contract.
The relevant state law should be reviewed to ensure it is consistent with thisdefinition.

CR0088Premium-paid

Mandatory for all direct insurance risks filed in the US.

CR0088ClaimsMandatory for all direct insurance risks filed in the US.

CR0089Field

Intermediary Role

CR0089Definition

The role of the intermediary.

CR0089Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - Open market correspondents, producing brokers or local brokers.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0090

Field

Intermediary Name

CR0090Definition

The name of the intermediary.

CR0090Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0091

Field

Intermediary Reference No etc.

CR0091

Definition

Any reference number allocated to the intermediary; for example, the open
market correspondent number.

CR0091

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.

CR0091

Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0092

Field

Intermediary Address

CR0092

Definition

The address of the intermediary.

CR0092Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0093

Field

Intermediary Country Sub-division

CR0093

Definition

The state, province, territory or canton in which the intermediary is locatedCR0093

Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0094

Field

Intermediary Postcode, zip or similar

CR0094

Definition

The postcode or zip code at which the intermediary is locatedCR0094

Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0095

Field

Intermediary Country (see code list)

CR0095

Definition

The country where the intermediary is located. It is recommended that the ISO
3166 2 letter country codes are used.

CR0095Premium-core risk

Any of the following intermediaries who are involved in the transaction should bespecified: - open market correspondents, producing brokers or local brokers.

CR0096

Field

Surplus lines broker Name

CR0096

Definition

The name of the intermediary who has filed details of the insured risk with a US
state insurance department or authority.

CR0096Premium-paid

Mandatory for all risks filed in the US which are classified as US surplus lines.

CR0097

Field

Surplus lines broker Licence No

CR0097

Definition

The surplus lines licence number of the intermediary who has filed details of theinsured risk with a US state insurance department or authority.
If the contract is classified as “US surplus lines”, it is mandatory to provide the US
Surplus Lines broker(s) name, address and surplus lines licence number. Insteadof providing the full address, the name of the US state or territory in which the US
Surplus Lines broker(s) business premises are located may be provided.

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Lloyd’s Coverholder Reporting Standards Version 5.2

The Surplus Lines broker whose details are provided is the intermediary who has
filed details of the insured risk with a US state insurance department or otherauthority. For most risks it will also have arranged payment of the tax.
In the state of North Carolina, the SSN or FEIN number of the Surplus Lines
broker or Surplus Lines agency is used as the Surplus Lines licence number. For
such brokers, rather than provide the full SSN or FEIN number, the contract
should state the initials “SSN” or “FEIN” rather than the licence number"
CR0097

Premium-paid

Mandatory for all risks filed in the US which are classified as US surplus lines.

CR0098Field

New Jersey Surplus Lines Association No

CR0098

Definition

The unique transaction number issued by the New Jersey surplus lines broker.
This should be a unique number which is 14 characters long. The format is the
SLA number, which has been assigned by the Surplus Lines Examining Office, as
the first five characters, then a dash, followed by the last two digits of the year inwhich the transaction was placed, another dash, followed by a five-digit
consecutive number. For example, Agent #00123 would number the firsttransaction of 2001 as follows: 00123-01-00001. The second, third and fourth
placements would be assigned transaction numbers 00123-01-00002, 00123-0100003, and 00123-01-00004. At the beginning of each calendar year, numberingrestarts at 00001, with the current year’s last two digits, i.e., 02, 03, 04, etc. The
computer field necessary to record the transaction number consists of fourteen(14) spaces: five-character SLA number, dash, two-digit year, dash, five-digit
sequential number.

CR0098Premium-paid

Mandatory for all risks filed in the US in the State of New Jersey which areclassified as US surplus lines.

CR0099Field

Surplus lines broker Address

CR0099Definition

The address at which the surplus lines broker is locatedCR0099Premium-paid

Preferred for all risks filed in the US which are classified as US surplus lines.

CR0100Field

Surplus lines broker State

CR0100Definition

The state in which the surplus lines broker is locatedCR0100Premium-paid

Mandatory for all risks filed in the US which are classified as US surplus lines.

CR0101

Field

Surplus lines broker Zip CodeCR0101

Definition

The zip code at which the surplus lines broker is locatedCR0101

Premium-paid

Preferred for all risks filed in the US which are classified as US surplus lines.

CR0102

Field

Surplus lines broker Country

CR0102

Definition

The country in which the surplus lines broker is located. It is recommended that
the ISO 3166 2 letter country codes are used.

CR0102Premium-paid

Mandatory for all risks filed in the US which are classified as US surplus lines
where the surplus lines broker is not located in the US.

CR0103Field

Sum Insured Amount of the claim

CR0103

Definition

The total amount of the sum insured applicable at the location involved in thespecific claim. This should be 100% of the value and the percentage for thecontract.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0103ClaimsTo be supplied where known.

CR0104

Field

Claim Reference

CR0104

Definition

The unique claim reference for the claim being reported, this is normallygenerated by the coverholder or TPA/DCA.

CR0104ClaimsMandatory for all transactions.

CR0105

Field

Claim Status

CR0105

Definition

Change to definition
The status of the claim as a result of the transaction.
This can be one of the following:













Open
Open – Coverage agreed
Open – Amount agreed
Open – Claim paid, fees outstanding
Open – Fees paid, claims outstanding
Open – Claim and fees paid
ClosedClosed this monthRe-opened
Closed but Subrogation/Recovery being pursued
Withdrawn
Structured Settlement(A structured settlement occurs when a claim has been settled and payments are
made as annuities over time, rather than in a single payment.)(Withdrawn - Any claim where the policyholder has discontinued part or all of theirclaim)
CR0105

ClaimsMandatory for all transactions.

CR0106

Field

Refer claim to Underwriters

CR0106

Definition

An indicator for claims that are required to be referred to the underwriters. Thisshould be “Y” or “N.”CR0106ClaimsMandatory for all transactions.

CR0107

Field

DenialCR0107

Definition

An indicator for claims that have been denied. This should be a “Y” or “N.”CR0107

ClaimsMandatory for all transactions.

CR0108Field

ISO Property Claim Services Code, PCS CodeCR0108

Definition

The PCS code which is applicable for the cause of loss. ISO's Property Claim
Services (PCS) unit is the recognised authority on insured property losses fromcatastrophes in the United States, Puerto Rico, and the U.S. Virgin Islands.
When a disaster strikes anywhere in the United States, Puerto Rico, or the U.S.
Virgin Islands, PCS investigates to determine whether the damage will meet thedefinition of a catastrophe. PCS now defines catastrophes as events that cause$25 million or more in direct insured losses to property and that affect a significant
number of policyholders and insurers.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0108ClaimsIf the loss is located in the US and the cause of loss is classed as a catastrophe,
one of the following must be completed:“PCS code””Lloyd’s catastrophe code”“Catastrophe Name”

CR0109Field

Original Currency in which claimant should be paid

CR0109Definition

The currency in which the claim will be paid to the claimant. It is recommended
that the ISO 4217, 3 letter alphanumeric currency codes are used.

CR0109ClaimsMandatory for all transactions.

CR0110

Field

Settlement Currency in which coverholder should be paid

CR0110Definition

The currency in which the coverholder should be paid by the Lloyd’s syndicate.
This may be the same or different to the original currency. It is recommended
that the ISO 4217, 3 letter currency code be used.

CR0110ClaimsThis field is mandatory where the settlement currency is different to the original
currency.

CR0111

Field

Rate of Exchange between the original currency in which claimant shouldbe paid and settlement currency in which coverholder should be paid

CR0111

Definition

The rate of exchange between the original currency in which the claimant shouldbe paid and the settlement currency in which the coverholder should be paid.

CR0111ClaimsThis field is mandatory where the settlement currency is different to the original
currency.

CR0112

Field

Location of loss - Address

CR0112

Definition

The full address of the loss location.

CR0112ClaimsTo be supplied where known.

CR0113

Field

Loss County

CR0113

Definition

The US county in which the claim occurred.

CR0113ClaimsMandatory for all claims where the loss is located in the United States and thecause of loss is deemed to be a catastrophe.

CR0114

Field

Location of loss Country Sub-division

CR0114

Definition

If the loss occurred in a country with sub-divisions, for example states, then the
sub-division in which the loss occurred.

CR0114ClaimsRequired when the loss location is in a country with sub-divisions.

CR0115

Field

Location of loss - Postcode / Zip Code or similar

CR0115

Definition

The postcode/zip code etc. of the loss location.

CR0115

ClaimsTo be supplied where known.

CR0116

Field

Location of loss Country

CR0116

Definition

The country where the loss occurred. It is recommended that the ISO 3166 2
letter country codes are used.

CR0116ClaimsMandatory for all transactions.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0117

Field

Cause of Loss CodeCR0117

Definition

The event that brought about or triggered the loss or damage. This may be
represented by a code from a list which has been pre-agreed by the coverholder
and the Lloyd’s syndicate; or the governing body or regulator.

CR0117

ClaimsEither a cause of loss code or a loss description is required.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Code one of the causes shown in the following
tables (for appropriate class of business). The most significant contributing factor
should be identified. Where a suitable cause of loss was not recorded in respectof a claim that occurred before 30 June 2004, report a hyphen (“- “).

CR0117

ClaimsAPRA Code Claim Type – Public &Products Liability (Table 4)

NEG Failed or injurious treatment bypractitioner or consultant, or

ABM Abuse/molestation

negligent advice

ANM Animal bite/attack/impact

FLL Fall including from height and slip &fall

ASB Asbestos/Dust Diseases
CAT Catastrophe, e.g. Cyclone,earthquake
CUS Care/custody/control
COL Collapse ofbuilding/structure/subsidence/landslide/weakening and or removal of
supports/rusting/oxidation/discoloration
including concrete cancer
DFM Defamation/slander
DSC Discrimination/harassment
ELC Electrocution
ENV Environmental contamination or
pollution/spray/drift/othercontamination/exposure to or contact
with substance/ Not mould orasbestos
EQB Equipment breakdown andaccidental breakage
EXP Explosion and/or
vibration/exposure to sudden or longterm sound or noise/excavation/drilling
damageCR0117

ClaimsAPRA Code Claim Type –Professional Risk
Non-performance or improper,
inappropriate, inadequate, incorrect,
incomplete, inaccurate, untimely
provision of:

AA Advice
AB Assault /abuse / mistreatment

73

FPW Faulty product/faulty workmanship
FIR Fire including welding
IMP Impact or damage by
object/vehicle/person, including
physicalassault/trapped by machinery or
equipment
LSL Lease liabilities
LFT Lifting, carrying or putting down
objects/machinery use/repetitive or
overuse injury
MLD Mould
OTH Other non-financial loss i.e.
losses with no tangible value
attached such as 'Pain and Suffering'
OFN Other financial loss i.e. losses thatare tangible
WTR Water
WKR Worker to worker injury










FR Fraud & dishonesty. Fidelity
HA Harassment / discrimination
IC Infection control / prevention
IN Insolvency
IP Breach of intellectual property
rightsIT Improper trading / collusive
practices /unconscionable conduct
LD Loss of documents
LE Legal expense coverageLloyd’s Coverholder Reporting Standards Version 5.2














AE Anaesthetic
BC Breach of confidentiality
BL Blood Products
BT Breach of trust / fiduciary
dutiesCI Conflict of interest
CO Consent (incl. no valid
consent, failure to warn, acting
against patient’s wishes)
DA Documentation/
administration
DE Defamation
DI Diagnosis
DS Design / specification
EQ Faulty and/or inadequate /inappropriate / inaccurate /contaminated equipment and/or
premises















(disciplinary enquiries,
investigations, inquests and thelike)
ME Medication
MI Misleading and/or deceptive
advice/conduct (specificallysection(s) of federal Trade
Practices Act, state Fair Trading
Acts and the like)
OR Other
PM Project management
PR Procedural
SE Services other than specified
above
SH Sexual harassment
SI Supervision / inspection
TE Testing
TR Treatment
UD Unfair dismissal

CR0118

Field

Loss Description

CR0118

Definition

The event that brought about or triggered the loss or damage. This field is a freetext field.

CR0118ClaimsEither a cause of loss code or a loss description is required.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim.

CR0119Field

Date of Loss fromCR0119Definition

The date the loss occurred, or the policy was triggered according to the policy
terms (if this is different). As a minimum this should be one date, however, it isrecommended that date of loss from is always reported.

CR0119ClaimsMandatory where the date can be expressed either as one date (Date of Loss) or
using Date of Loss from.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim thateither date of loss (CR0119) from or date first advised (CR0136) to be completed.

CR0120Field

Date of Loss toCR0120Definition

The last date of loss. If an event occurred that caused the loss to be spread overa time frame longer then one day, the last day that the loss occurred should bereported.

CR0120ClaimsMandatory where a loss has occurred over a period of longer then one day.

CR0121

Field

Date Claim Made – merged with date claim first advised CR0136

CR0122

Field

Claimant Name

CR0122

Definition

The person or organisation that has alleged that it is entitled to redress from theinsured.

CR0122ClaimsThis is mandatory where the claimant is not the insured.
Mandatory where the business is being written through a Hong Kong domiciled74

Lloyd’s Coverholder Reporting Standards Version 5.2

coverholder or service company, regardless of the location of the actual claim.
CR0126

Field

Paid this month - Indemnity

CR0126

Definition

The amount of the claim that is to be collected from the Lloyd’s syndicate thismonth in the settlement currency.

CR0126ClaimsMandatory for all transactions.

CR0127

Field

Paid this month - Fees

CR0127

Definition

Fees paid to third parties that are to be collected from the Lloyd’s syndicate thismonth in the settlement currency.
For any fees for any claims on any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels; a breakdown of the fees reported in CR0127
should be provided in the following fields, so that Lloyd’s Brussels can calculate
its Belgian VAT liabilityPaid this month – Fee billed to insurer – Invoices paid with EU VAT
applied – gross figure (CR1252)
Paid this month – Fee billed to insurer – EU VAT paid (CR1253)
Paid this month – Fee billed to insurer– Invoices paid with no EU VAT
applied – ONLY those exempt from Belgian VAT (CR1254)
Paid this month – Fee billed to insurer – All other invoices paid with no
EU VAT applied (CR1255)

Where fees are split out required, this field (CR0127) should still show the total
amount.
Where there is no breakdown of the fees reported, Belgian VAT (currently 21%)
will be applied to the total Paid this month fees (CR0127).
CR0127

ClaimsMandatory for all transactions.

CR0128

Field

Previously Paid - Indemnity

CR0128

Definition

The amount of the claim that has already been paid, not including the amount in
the column “paid this month - indemnity” in the settlement currency.

CR0128ClaimsMandatory for all transactions.

CR0129Field

Previously Paid - Fees

CR0129Definition

The amount of fees to third parties that has already been paid, not including theamount in the column “paid this month – fees” in the settlement currency.

CR0129ClaimsMandatory for all transactions.

CR0130

Field

Reserve - Indemnity

CR0130Definition

The amount outstanding which the coverholder or TPA/DCA still expects the
Lloyd’s syndicate to pay out in respect of the claim or claim item in the settlement
currency.

CR0130ClaimsMandatory for all transactions.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Gross case estimate = Reserve Indemnity
CR0130 + Reserve Fees CR0131.

CR0131

Field

Reserve - Fees

75

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0131

Definition

The amount outstanding for fees to third parties in the settlement currency.

CR0131ClaimsMandatory for all transactions.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Gross case estimate = Reserve Indemnity
CR0130 + Reserve Fees CR0131

CR0132

Field

Change this month - Indemnity

CR0132

Definition

The change in the “Total Incurred Indemnity” since the last report month in thesettlement currency.

CR0132Claims

It is recommended to report this field.

CR0133

Field

Change this month - Fees

CR0133

Definition

The change in the “Total Incurred Fees” since the last report month in thesettlement currency.

CR0133Claims

It is recommended to report this field.

CR0134

Field

Total Incurred - Indemnity

CR0134

Definition

The total amount incurred as a result of the claim in the settlement currency. Thiscan be calculated as follows:
The sum of:

CR0134Claims“Total paid this month indemnity”
“Previously paid indemnity”
“Reserve indemnity”
Mandatory for all transactions.

CR0135

Field

Total Incurred - Fees

CR0135

Definition

The total fee amount incurred as result of the claim, including expenses, in thesettlement currency. This can be calculated as follows:
The sum of:

CR0135

Claims“Total paid this month fees”
“Previously paid fees”
“Reserve fees”
Mandatory for all transactions.

CR0136

Field

Date First Advised / Notification Date

CR0136

Definition

The date that the notification of the claim was first received. The date on which
the claim was reported (not processed) to the agent or insurer. For claims made,this is the date the claim was made. This is used for claims made policies which
are a form of insurance that pays claims notified during the term of the contract orwithin a specific term after its expiration.
(Merged with CR0121)

CR0136ClaimsMandatory for all claims to be reported as part of the claims transaction
submission if not being reported separately.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or76

Lloyd’s Coverholder Reporting Standards Version 5.2

incepting after 30 June 2016 and any existing binders as at 1 January 2017For high product risk products this can be used to identify the date the claim was
made. Mandatory to provide for all claims which are open on or after 1 January
2016 where the insured or reinsured is located in the UK or EEA and in respect ofhigh product risk products.
Mandatory for all claims made policies
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim thateither date of loss (CR0119) from or date first advised (CR0136) to be completed.
CR0137

Field

Date Closed (Merged with CR0318 which was a duplicate)CR0137

Definition

The date on which the claim is designated as settled or determined as not being
payable or withdrawn. No further actions are required in the handling of theclaim.

CR0137

ClaimsMandatory for all claims open on or after 1 January 2016, where the claim status
CR0105 is closed, or closed this month.

CR0138

Field

Lloyd's Catastrophe CodeCR0138

Definition

The Lloyd’s catastrophe code applicable to the cause of the loss. The code isallocated based upon the year the accident occurred, followed by an alphabet
suffix. A loss attributable to a common cause which occurs over a period of timeand is not date specific is assigned a code which may be prefixed by * or! For
more information and a code list please see: http://www.lloyds.com/TheMarket/Operating-at-Lloyds/Resources/Catastrophe-codes

CR0138Claims

New! Lloyd’s Brussels must clearly identify and report all annuity type claims
separately. To achieve this the Lloyd’s cat code (CR0138) of PPO should berecorded against each such claim. PPO is a tracking code attributed to any claim
which has been resolved or settled (partially or wholly) by way of a periodical
payment order, or any periodic payment such as an annuity payment.
To be supplied where known, or as applicable.
If the cause of loss is classed as a catastrophe, one of the following must becompleted:“PCS code”
”Lloyd’s Catastrophe Code”
“Catastrophe Name”
Generally, it is the responsibility of the Lloyd’s broker to ensure the Lloyd’s
Catastrophe code is complete where appropriate.

CR0139Field

Catastrophe Name

CR0139Definition

The name of the catastrophe causing the loss.

CR0139ClaimsTo be supplied where known, or as applicable.
If the cause of loss is classed as a catastrophe, one of the following must becompleted:“PCS code””Lloyd’s Catastrophe Code”“Catastrophe Name”

CR0140

Field

Paid this month - Expenses

CR0140Definition

Any expenses to be collected from the Lloyd’s syndicate(s) this month. The totalof fees reported under CR0140, CR0141, and CR0142 should equal the amount77

Lloyd’s Coverholder Reporting Standards Version 5.2

reported under field CR127.
CR0140ClaimsTo be supplied where known or as applicable.

CR0141

Field

Paid this month - Attorney Coverage Fees

CR0141

Definition

Attorney fees (fees incurred to determine the cover the Lloyd’s syndicate is liable
to provide under the policy) to be collected from the Lloyd’s syndicate(s) thismonth. The total of fees reported under CR0140, CR0141, and CR0142 should
equal the amount reported under field CR127.

CR0141ClaimsTo be supplied where known or as applicable.

CR0142

Field

Paid this month - Adjusters Fees

CR0142

Definition

Any adjuster’s fees to be collected from the Lloyd’s syndicate(s) this month. The
total of fees reported under CR0140, CR0141, and CR0142 should equal theamount reported under field CR127.

CR0142ClaimsTo be supplied where known or as applicable.

CR0143

Field

Paid this month - Defence Fees

CR0143

Definition

Any attorney fees incurred in defending a claim made against the insured to becollected from the Lloyd’s syndicate(s) this month. This amount should also be
included in field CR0126.

CR0143ClaimsTo be supplied where known or as applicable.

CR0144

Field

Paid this month - TPA Fees

CR0144

Definition

Any third-party administrator/delegated claims administrator fees to be collectedfrom the Lloyd’s syndicate(s) this month.

CR0144ClaimsMandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017For high product risk products this forms part of the TPA/DCA remuneration.
Mandatory to provide for any third-party administrator fees to be paid this monthby the coverholder all claims which are open on or after 1 January 2016 theinsured has specified an amount claimed, where known; and where the insured orreinsured is located in the UK or EEA and in respect of high product risk products.

CR0145

Field

Previously Paid - Expenses

CR0145

Definition

Any expenses previously paid, not including the amount in the column “paid thismonth – expenses.” The total of fees reported under CR0145, CR0146, andCR0147 should equal the amount reported under field CR0129.

CR0145

ClaimsTo be supplied where known or as applicable.

CR0146

Field

Previously Paid - Attorney Coverage Fees

CR0146

Definition

Any attorney coverage fees previously paid (fees incurred to determine the cover
the Lloyd’s syndicate is liable to provide under the policy); not including theamount in the column “paid this month – attorney coverage fees.” The total offees reported under CR0145, CR0146, and CR0147 should equal the amountreported under field CR0129.

CR0146ClaimsTo be supplied where known or as applicable.

78

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0147

Field

Previously Paid - Adjusters Fees

CR0147

Definition

Any adjuster’s fees previously paid, not including the amount in the column “paidthis month – adjuster’s fees.” The total of fees reported under CR0145, CR0146,
and CR0147 should equal the amount reported under field CR0129.

CR0147

ClaimsTo be supplied where known or as applicable

CR0148

Field

Previously Paid - Defence Fees

CR0148

Definition

Any attorney fees incurred in defending a claim made against the insured
previously paid, not including the amount in the column “paid this month –defence fees.” This amount should also be included in field CR0128.

CR0148ClaimsTo be supplied where known or as applicable.

CR0149Field

Previously Paid - TPA Fees

CR0149Definition

Any third-party administrator/delegated claims administrator fees previously paid
by not including the amount in the column “paid this month – TPA fees.”

CR0149ClaimsMandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
For high product risk products this forms part of the TPA/DCA remuneration.
Mandatory to provide for any third-party administrator fees paid by thecoverholder all claims which are open on or after 1 January 2016 the insured has
specified an amount claimed, where known; and where the insured or reinsured islocated in the UK or EEA and in respect of high product risk products.

CR0150

Field

Reserve - Expenses

CR0150Definition

Any reserved or outstanding expenses – i.e. disbursements. The total of fees
reported under CR0150, CR0151, and CR0152 should equal the amount reported
under field CR0131.

CR0150ClaimsTo be supplied where known or as applicable.

CR0151

Field

Reserve - Attorney Coverage Fees

CR0151

Definition

Any reserved or outstanding attorney coverage fees (fees incurred to determine
the cover the Lloyd’s syndicate is liable to provide under the policy). The total offees reported under CR0150, CR0151, and CR0152 should equal the amountreported under field CR0131.

CR0151ClaimsTo be supplied where known or as applicable

CR0152

Field

Reserve - Adjusters Fees

CR0152

Definition

Any reserved or outstanding adjuster’s fees. The total of fees reported underCR0150, CR0151, and CR0152 should equal the amount reported under field
CR0131.

CR0152ClaimsTo be supplied where known or as applicable.

CR0153

Field

Reserve - Defence Fees

CR0153

Definition

Any attorney fees incurred in defending a claim made against the insured
reserved or outstanding. This amount should also be included in field CR0130.

CR0153ClaimsTo be supplied where known or as applicable.

79

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0154

Field

Reserve - TPA Fees

CR0154

Definition

Any reserved or outstanding third-party administrator fees

CR0154ClaimsMandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017For high product risk products this forms part of the TPA/DCA remuneration.
Mandatory to provide for any third-party administrator fees owed to thecoverholder for all claims which are open on or after 1 January 2016 the insured
has specified an amount claimed, where known; and where the insured orreinsured is located in the UK or EEA and in respect of high product risk products.

CR0155

Field

Total Incurred as a result of any fees or claims

CR0155

Definition

The total amount incurred as a result of the claim and any fees paid. This can becalculated as follows:
The sum of:










“Total paid this month indemnity”“Previously paid indemnity”“Reserve indemnity”“Total paid this month fees”“Previously paid fees”“Reserve fees”
Or the sum of:“Total Incurred Indemnity”“Total Incurred Fees”

It is recommended that a total for this amount is given at the end of the report.
CR0155

ClaimsTo be supplied where known or as applicable.

CR0156

Field

Percentage Ceded

CR0156

Definition

Used for reinsurance business; the percentage that has been ceded to reinsurers.

CR0156ClaimsTo be supplied where known or as applicable.

CR0157

Field

Accident and Health and Medical Expenses - Plan

CR0157

Definition

The plan that the insured has opted for.

CR0157

ClaimsTo be supplied where known or as applicable.

CR0158

Field

Accident and Health and Medical Expenses - Patient Name

CR0158

Definition

The name of the patient receiving treatment.

CR0158ClaimsTo be supplied where known or as applicable.

CR0159Field

Accident and Health and Medical Expenses - Treatment Type

CR0159Definition

The type of treatment that the patient is undertaking.

CR0159ClaimsTo be supplied where known or as applicable.

CR0160

Field

Accident and Health and Medical Expenses - Country of Treatment

CR0160Definition

The country in which the treatment is being undertaken.

80Lloyd’s Coverholder Reporting Standards Version 5.2

CR0160ClaimsTo be supplied where known or as applicable.

CR0161

Field

Accident and Health and Medical Expenses - Date of Treatment

CR0161

Definition

The date the treatment is due to/or is going to occur.

CR0161ClaimsTo be supplied where known or as applicable.

CR0162

Field

Expert - Role

CR0162

Definition

The role of the expert.

CR0162ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0163

Field

Expert - Firm / Company Name

CR0163

Definition

The name or company name of the expert.

CR0163ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0164

Field

Expert - Reference No etc.

CR0164

Definition

Any reference number allocated to the expert; for example, the open market
correspondent number.

CR0164ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0165

Field

Expert - Address

CR0165

Definition

The address of the expert.

CR0165

ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0166

Field

Expert - State, Province, Territory, Canton etc.

CR0166

Definition

The state, province, territory or canton in which the expert is located.

CR0166ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0167

Field

Expert - Postcode / Zip Code or similar

CR0167

Definition

The postcode or zip code at which the expert is located.

CR0167

ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0168

Field

Expert - Country

CR0168

Definition

The country where the expert is located. It is recommended that the ISO 3166 2
letter country codes are used.

CR0168ClaimsExperts who are involved in the transaction should be specified, this could include
adjusters, lawyers, accountants etc.

CR0169

Field

Notes

CR0169Definition

Any notes or extra comments.

81

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0169Premium-core risk

As required.
Due to the increase in insurance premium tax reporting requirements in EU/EEA
countries, we need to know about all business which is exempt from premium tax
and taxable business where the tax is paid by the lead or a third party. Thisrequirement applies to all EU/EEA insurance risks (reinsurance is excluded).
Appropriate comments must be made in CR0169, the notes field.

CR0169ClaimsAs required.
Where the business is being written through a Hong Kong domiciled coverholder
or service company, regardless of the location of the actual claim - Mandatory if
management expenses (CR1279) is greater than zero.

CR0170Field

A-Buildings

CR0170Definition

This is the total value at risk for the location which the policy has been rated on;
the value which the premium has been calculated against. For example: -CR0170Premium-core riskMarket valueRebuild value
Reinstatement value
Mandatory for any UK Pool Re Properties.

CR0172

Field

C-Contents

CR0172

Definition

This is the value of the contents

CR0172Premium-core risk

Mandatory for any UK Pool Re Properties.

CR0173

Field

D-Business Interruption or ALE

CR0173

Definition

This is the value of the business interruption or additional living expenses.

CR0173

Premium-core risk

As required.

CR0175

Field

Participation / % Ceded

CR0175

Definition

The percentage bound to this contract. This is the percentage of the risk, which isbound to this binding authority contract; the order %. The percentage should be
provided as the number to multiply by. If 100% then 1, if 50% then 0.5 etc.

CR0175Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide details of the co-insured proportionand share of the limit of indemnity; so, the participation percentage must be
provided.

CR0201

Field

Terrorism - Acceptance Date

CR0201

Definition

The date terrorism coverage was accepted where the terrorism coverage has
been offered and accepted.
TRIA provides US federal reinsurance support for commercial property andcasualty exposures against an “act of terrorism” (as defined in the Act) in the US.
It obliges insurers, including Lloyd’s, to make available coverage for terrorism in
the US and restricts the exclusion of such coverage. Insurers should be able toevidence this if required and this would theoretically be necessary in the event ofa claim under a certified event.

CR0201

Premium-core risk

Mandatory to report for US property and terrorism risks

CR0202

Field

Terrorism - Declination Date82

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0202

Definition

The date terrorism coverage was declined.

CR0202Premium-core risk

Mandatory to report for US property and terrorism risks where the terrorism
coverage has been offered and declined.
TRIA provides US federal reinsurance support for commercial property andcasualty exposures against an “act of terrorism” (as defined in the Act) in the US.
It obliges insurers, including Lloyd’s, to make available coverage for terrorism in
the US and restricts the exclusion of such coverage. Insurers should be able toevidence this if required and this would theoretically be necessary in the event ofa claim under a certified event.

CR0220

Field

Medicare – United States Bodily Injury Claim

CR0220Definition

An indicator to show whether the claim involves bodily injury to a United States
citizen.


If the claim involves bodily injury to a US citizen, then this field should becompleted with “Y”.
Otherwise this field should be left blank.

CR0220ClaimsMandatory for claims involving bodily injury to US citizens.

CR0221

Field

Medicare – Eligibility Check Performance

CR0221

Definition

An indicator to confirm if the coverholder or TPA/DCA has taken responsibility forchecking that the claim is Medicare eligible. An eligibility check is performed
using the Lloyd's vendor ExamWorks Clinical Solutions’ Medicare query reporting
service. Parties that perform eligibility checks include TPAs/DCAs, coverholders
and Lloyd’s syndicates. The party who performs the eligibility check may notalways be the organisation which is reporting the claim. One of the following to
be entered: -CR0221ClaimsY = Confirmation that a Medicare eligibility check has been performed
N = Confirmation that a Medicare eligibility check has not been
performed
AW = (Authority Withdrawn). The TPA/DCA or coverholder reportingthe claim has no authority to report Medicare claims, and therefore has
not performed the eligibility check.
Mandatory for claims involving bodily injury to US citizens.

CR0222

Field

Medicare – Outcome of Eligibility Status Check

CR0222

Definition

This field shows the result of the Medicare status check using vendor query
reporting services; this confirms whether or not the claim involves Medicareeligible claimants. One of the following to be entered: -CR0222Claims"Y" = A claimant has been confirmed as eligible for Medicare benefits“U" = A claimant's Medicare eligibility is 'undetermined'’. This may meanthat the claimant is currently not eligible for benefits. It may also meanthat further information is required by CMS to perform an accurate
eligibility check.
Required where the Medicare – Eligibility Check Performance = “Y” (CR0221).

CR0223

Field

Medicare – Conditional Payments

CR0223

Definition

The current US dollar amount estimated for any conditional payments. This
amount should be the cumulative amount. TPAs/DCAs or coverholders should
only report conditional payment amounts for Lloyd's portions of claims. One of
the following to be entered: -The Lloyd’s portion of the cumulative current US dollar amountestimated for any conditional payments83

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0223ClaimsIf there are no known outstanding conditional payments, then leave thisfield blank
Required where the Medicare – Eligibility Check Performance = “Y” (CR0221).

CR0224

Field

Medicare – MSP Compliance Services

CR0224

Definition

An indicator to show whether or not MSP Compliance services have been usedas part of negotiating or settling a Medicare claim. MSP Compliance Services
may be one or more of the following and are offered by the Lloyd's preferredvendor Gould and Lamb: Conditional Payment Research (CPR), Conditional
Payment Negotiation (CPN) or Claims Settlement Allocations. One of thefollowing to be entered: -

Y = Where one or more MSP compliance services provided by the
Lloyd's preferred vendor have been used in respect of the claim

N = Where no MSP compliance services have been provided by the
Lloyd's preferred vendor ExamWorks Clinical Solutions’ have been usedin respect of the claim
Required where the Medicare – Conditional Payments field is greater than 0(CR0223).


CR0224ClaimsCR0225Field

IMO Ship Identification Number

CR0225

Definition

The IMO (International Maritime Organisation) Ship Identification Number), IMO
numbers are permanent registration numbers allocated to vessels when they arebuilt. The IMO Ship Identification Number is made of the three letters “IMO” infront of the Lloyd’s Register (LR) Number (seven digits).

CR0225Premium-core risk

Mandatory for vessels registered in Germany, including those with dual
registration, where tax has to be paid to the Lloyd’s syndicate and administeredcentrally by Lloyd’s.

CR0226

Field

Country of registration

CR0226

Definition

The country in which the aircraft, vehicle or vessel was registered.

CR0226Premium-core risk

Mandatory for all aircraft, vehicles, ships and vessels.

CR0227

Field

Referred to London

CR0227

Definition

Lloyd’s has to report to regulators differently business which has been referred to
London.
The field should be completed with “Y” where the risk was referred to London and“N” where the risk was not referred to London.

CR0227

Premium-core risk

Mandatory for coverholders located in the EEA on binding authorities where thecoverholder is required by the terms of the binding authority to refer certain risks
to London before they are bound.
Where the coverholder is obliged to refer all risks to London, they do not need tocomplete this field.
Where the coverholder does not have to refer any risks to London, they do notneed to complete this field.

CR0230

Field

Transaction Number

CR0230Definition

This is the unique ID for the transaction. For example, this could be an
endorsement reference number – a consecutive incremental reference number
given to an endorsement within a contract.

84

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0230

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform

CR0235

Field

Coverholder Commission Amount for the whole risk/written premium

CR0235

Definition

The commission taken by the coverholder expressed as an amount in theoriginal currency. This is the amount for the whole risk/written premium. This
may include commission to retail brokers, local sub-producers or introducers –New! But if commission to retail brokers etc has been reported separately, thenthat should not be included here as well.

CR0235

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
Where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk –Mandatory that either the coverholder commission amount (CR0235) orcoverholder commission % (CR0061) must be completed where it is charged.
For any risks incepting on coverholder appointment agreements with Lloyd’s
Brussels - Mandatory that either the coverholder commission amount (CR0235)
or coverholder commission % (CR0061) must be completed where it is charged

CRO236

Field

Total taxes payable locally

CR0236

Definition

This is the sum of any taxes, levies or Para fiscal fees which are payable
locally.

CR0236

Risk

New! Mandatory for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels.

CR0237

Field

Total London taxes

CR0237

Definition

This is the sum of all taxes, levies or Para fiscal fees which are payable in
London.

CR0237

Risk

New! Mandatory for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels.

CR0270Field

Tax Amount for the whole risk

CR0270Definition

The total tax liability for a specific tax against the total written premium amountfor the whole risk. The amount should be expressed in the original currency ofthe premium.

CR0270Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk toprovide the IA Levy Amount.
New! Mandatory for any risks located in Spain for tax reporting. A risk islocated in Spain for tax purposes if it relates to:

fixed and/or moveable property (excluding goods in transit) situated in the
territory,or motor vehicles, ships, yachts or aircraft registered in the territory,or travel risks of a duration of four months or less taken out in the territory,or any other type of risk (not listed above) where the insured ishabitually resident in the territory or, in the case of a corporate insured,its business establishment to which the risk relates is situated in the
territory.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0278

Field

Insured Policyholder typeCR0278

Definition

New! Change to definition - The insured policyholder :•Retail - A consumer•
Micro - A micro-enterprise which employs fewer than 10 persons andhas a turnover or annual balance sheet that does not exceed €2
million•Small - A small business which is not a micro-enterprise and has andhas an annual turnover of less than £6.5 million and employs fewer
than 50 persons; or has a balance sheet total of less than £5 million•
Commercial, other - All business that has a criteria above that of asmall business at time of binding•
Reinsurance•
SME – This category should no longer be used – where it is used itwill continue to mean Small and Medium sized Enterprises (SMEs)
are companies, which, according to their last annual or consolidated
accounts, meet at least two of the following three criteria: an average
number of employees during the financial year of less than 250, a totalbalance sheet not exceeding €43,000,000 and an annual net turnover
not exceeding €50,000,000.

CR0278Premium-core risk

For high product risk products this is forms part of the policy type information.
Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 to EITHER provide theInsured Policyholder Type (CR0278); OR to provide Insured Total Number of
Employees (CR0279) and Insured Revenue or Turnover (CR0280); where theinsured or reinsured is located in the UK or EEA and in respect of high productrisk products. If the policyholder type is provided without the total number of
employees and revenue, then evidence may need to be provided of how they
arrived at the Policyholder Type.
New! Mandatory where insured policyholder type (CR0278) is “Retail” where
the location of risk country (CR0050) is South Africa or the insured country(CR0041) is South Africa for all risks incepting from 1 January 2019.

CR0279Field

Insured Total number of employees

CR0279Definition

New! Change to definition - This is the total number of employees of theinsured if not personal business. Anyone who worked full time within anenterprise, or on its behalf, during the entire reference year, counts as one unit.
Part-time staﬀ, seasonal workers and those who did not work the full year are
treated as fractions of one unit. Where the exact number is unknown, it isrecommended that this is rounded to the nearest 10, or 100, or 1000 – forexample 30, 400, 5000, etc.

CR0279Premium-core risk

For high product risk products this is forms part of the policy type information.
Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 to EITHER provide theInsured Policyholder Type (CR0278); OR to provide Insured Total Number of
Employees (CR0279) and Insured Revenue or Turnover (CR0280); where theinsured or reinsured is located in the UK or EEA and in respect of high productrisk products.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional fees or
total number of employees must be provided.

CR0280

Field

Insured Revenue or Turnover86

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0280Definition

This is the revenue or turnover of the insured if not a private individual, in theoriginal currency of the risk.

CR0280Premium-core risk

For high product risk products this is forms part of the policy type information.
Mandatory for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 to EITHER provide theInsured Policyholder Type (CR0278); OR to provide Insured Total Number of
Employees (CR0279) and Insured Revenue or Turnover (CR0280); where theinsured or reinsured is located in the UK or EEA and in respect of high productrisk products.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional fees or
total number of employees must be provided

CR0288

Field

Number of Instalments

CR0288

Definition

The number of instalments in which the premium will be paid.

CR0288Premium-paid

New! To be provided where possible for premiums being paid for risks
incepting on Coverholder Appointment Agreements for Lloyd’s Brussels.

CR0289Field

Instalment Basis

CR0289Definition

The frequency with which instalments will be made.

CR0289Premium-paid

New! To be provided where possible for premiums being paid for risks
incepting on Coverholder Appointment Agreements for Lloyd’s Brussels.

CR0299Field

Reason for cancellation

CR0299Definition

Where a risk has been cancelled, the reason for cancellation should be given.
Recommended values:










Product unsuitable / misunderstood
Product too expensive
Alternative product purchased
Cover overlapped with pre-existing cover
Product cancelled within cooling off period
Product cancelled by underwriter
Poor service/complaint
Cover no longer required
Other (administrative reason)
Not known

For further details please see Lloyd’s Market Bulletin Y4847.
CR0299Premium-core risk

For high product risk products this is the reason for cancellation. Mandatory toprovide for all binding authority/coverholder appointment agreements andrisks/polices which incept on or after 1 January 2016 where the Risk,
Transaction Type is “Cancellation” and where the insured or reinsured islocated in the UK or EEA and in respect of high product risk products.
Mandatory for Flood Re Where a UK flood re property risk has been cancelledthen the reason for cancellation.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0300Field

Date claim opened

CR0300Definition

The date on which the claim was opened.

CR0300ClaimsMandatory to provide for all claims to identify those open

CR0301

Field

Date coverage confirmed

CR0301

Definition

The date that the insured was informed that the claim in whole or part would be
paid

CR0301ClaimsFor high product risk products this is the date coverage agreed (in whole or inpart). Mandatory to provide for all claims which are open on or after 1 January
2016 where Claim Status (CR0105) is Open – Coverage Agreed; and where
the insured or reinsured is located in the UK or EEA and in respect of highproduct risk products.

CR0302Field

Date claim amount agreed

CR0302

Definition

The date that the insured was first informed of the amount to be paid in whole
or in part.

CR0302ClaimsFor high product risk products this is the date claim amount agreed (in whole orin part). Mandatory to provide for all claims which are open on or after 1
January 2016 where Claim Status (CR0105) is Open – Amount Agreed; andwhere the insured or reinsured is located in the UK or EEA and in respect ofhigh product risk products.

CR0303Field

Date claims paid (final)

CR0303

Definition

The date that the indemnity payment was made to the insured, discharging theinsurer from liability for the claim in full.

CR0303ClaimsMandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
For high product risk products this is the date claim paid. Mandatory to provide
for all claims which are open on or after 1 January 2016 where Claim Status(CR0105) is Open – Claims paid, fees outstanding, or Open – Claim and fees
paid; and where the insured or reinsured is located in the UK or EEA and inrespect of high product risk products.

CR0304Field

Date fees paid (final)

CR0304

Definition

The date that the fees were paid.

CR0304ClaimsMandatory to provide for all claims which are open on or after 1 January 2016
where Claim Status (CR0105) is Open – Fees paid, claims outstanding orOpen – Claim and fees paid; and where the insured or reinsured is located in
the UK or EEA and in respect of high product risk products.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.

CR0305

Field

THIS FIELD IS NOT CURRENTLY IN USE

CR0306

Field

Date reopened

CR0306

Definition

The date that the claim was reopened.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0306ClaimsMandatory to provide for all claims which are open on or after 1 January 2016
where Claim Status (CR0105) is Reopened; and where the insured orreinsured is located in the UK or EEA where the insured or reinsured is locatedin the UK or EEA and in respect of high product risk products.

CR0307

Field

Date of subrogation

CR0307

Definition

The date that subrogation started.

CR0307

ClaimsMandatory to provide for all claims which are open on or after 1 January 2016
where Claim Status (CR0105) is closed but subrogation/recovery being
pursued and where the insured or reinsured is located in the UK or EEA and inrespect of high product risk products.

CR0308

Field

Claimant address – removed no longer required

CR0309Field

Claimant postcode – removed no longer required

CR0310

Field

Claimant country – removed no longer required

CR0311

Field

Date claim denied

CR0311

Definition

The date on which the denial or partial denial of the claim was communicatedto the insured.

CR0311ClaimsMandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017;
where the Denial Flag (CR0107) is Yes
For high product risk products this is the date claim denied. Mandatory toprovide for all claims which are open on or after 1 January 2016 where the
Denial Flag (CR0107) is Yes; and where the insured or reinsured is located in
the UK or EEA and in respect of high product risk products.

CR0312

Field

Reason for Denial

CR0312

Definition

The reason for the denial or partial denial This can be one of the following: 







CR0312ClaimsNon-disclosure
Non-payment of premium
Claim excluded, not covered
Claims process not followed
Fraud
Claim within excess**
Other** In respect of a claim open on or after 1 January 2016 where the claim is not
paid because the amount of the claim is less than the deductible
amount/excess limit and where the parties agree that should not be regarded
as a “denial” of the claims, then this information may be separately provided in
the field Claim not paid as within Excess (CR0319) rather than being provided
in this field
For high product risk products this is the reason for denial. Mandatory toprovide for all claims which are open on or after 1 January 2016 where the
Denial Flag (CR0107) is Yes; and where the insured or reinsured is located in
the UK or EEA and in respect of high product risk products.
Mandatory for all claims from 1 January 2019 where denials (CR0107) = “Y” forany claims where the location of risk country (CR0050) is South Africa, or the
insured country (CR0041) is South Africa.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0313

Field

Amount claimed

CR0313

Definition

The amount claimed by the insured.

CR0313ClaimsFor high product risk products this is the amount claimed. Mandatory to provide
for all claims which are open on or after 1 January 2016 where the insured has
specified an amount claimed, where known; and where the insured orreinsured is located in the UK or EEA and in respect of high product risk
products.
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.

CR0314

Field

THIS FIELD IS NOT CURRENTLY IN USE

CR0315

Field

Policy Issuance Date

CR0315

Definition

Date final insuring document sent.

CR0315Premium-core risk

Mandatory to be supplied if not otherwise provided

CR0316

Field

Date claim withdrawn

CR0316

Definition

The date that the claim was withdrawn by the insured.

CR0316ClaimsMandatory to provide for all claims which are open on or after 1 January 2016
where the status of the claim (CR0105) is withdrawn; and where the insured orreinsured is located in the UK or EEA and in respect of high product risk
products.

CR0317Field

Ex gratia payment

CR0317

Definition

A voluntary gesture of payment where no policy liability or obligation to pay.
This field should be completed with “Y” if the claim was paid as ex gratia and“N” if it was not.

CR0317

ClaimsTo be supplied where known or as applicable

CR0318Field

Date claim closed - DUPLICATE OF CR0137, REMOVED

CR0319Field

Claim not paid as within excess

CR0319Definition

The amount of the claim is less than the excess or deductible amount. This
field should be completed with “Y” if the claim was not paid because it waswithin the deductible and “N” if it was either not paid for another reason or if it
was paid.

CR0319Claims**See Reason for Denial (CR0312) above, In respect of a claim open on orafter 1 January 2016 where the claim is not paid because the amount of theclaim is less than the deductible amount/excess limit and where the parties
agree that should not be regarded as a “denial” of the claims, then thisinformation may be separately provided in the field Claim not paid as within
Excess (CR0319) rather than being provided in field CR0312.
Mandatory to provide for all claims which are open on or after 1 January 2016
where the claim is not paid because the amount of the claim is less than the
deductible amount and the insured or reinsured is located in the UK or EEA
and in respect of high product risk products.

CR0320Field

Risk, reason for endorsement90

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0320Definition

Where a risk has been endorsed, where a mid-term adjustment has beenmade; then the reason for this adjustment.
Recommended values for Flood Re: -CR0320Premium-core risk
MNA New Address
MAD Addition or Deletion of Sections

MAA Change to AA LimitMCB Change to Building Sum Insured
MCC Change to Contents Sum Insured
MND Not Defined
Mandatory UK Flood Re property risks; optional for other risks.

CR0321

Field

Risk, reason for reinstatement

CR0321

Definition

Where a UK flood re property risk has been cancelled then the reason forreinstatement
Recommended values for Flood Re: -CR0321

Premium-core risk
CE Cancelled in Error
PR Premium Received
ND Not Defined
Mandatory UK Flood Re property risks; optional for other risks.

CR0322

Field

Risk, original inception date

CR0322

Definition

The date when cover under this policy was first issued to the client.

CR0322Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance where this is the original inception date.

CR0323

Field

Risk, number of locations

CR0323

Definition

This is the total number of locations covered by the policy.

CR0323

Premium-core risk

Mandatory for UK Flood Re properties and for liability risks. Optional for otherclasses

CR0324

Field

Insured, occupation description

CR0324

Definition

The details of the trade or profession or institution type of the insured. In many
territories there are standard codes which can be used to provide suchinformation. In some cases, the coverholder will have their own set of codes.
The coverholder will need to state the code-set being used and the code, and a
description of the code. Where codes are not used, a description must be
given.
For Australia


For Public and Products Liability, EPL and D&O risks, use theprincipal classification of the business from the latest edition of
Catalogue Number 1292.0 Australian and New Zealand Standard
Industrial Classification (ANZSIC), published by the Australian Bureauof Statistics and available on their web site. Provide data at the 4-digit
ANZSIC code level. Any reports or publications will be aggregated to
the 2-digit level ANZSIC.

Residential strata owners’ liability is collected under ANZSIC
classification 7711- Residential Property Operators, whereas forCommercial Property Operators it is either 7712 or the occupation
code that is most closely aligned with the tenancy of the strata.



For Professional Risks (excl. EPL and D&O), use the APRA
occupation codes for professional indemnity Where an appropriate
91

Lloyd’s Coverholder Reporting Standards Version 5.2

code does not exist for the insured organisation, the first character of
the appropriate industry may be used.
For UK - The standard industrial classification of risks, the SIC code should be
used,
CR0324

Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide details of the nature of the insuredorganisation/occupation by providing either the insured occupation code
(CR1284) or the insured occupation description must be provided.
Mandatory for all UK pool re risks
Mandatory where the location of risk country (CR0050) is the UK; or the
insured or reinsured country (CR0041) is the UK for all risks incepting from 1
January 2019 – provide either the description and/or code (CR1285).

CR0325

Field

Insured, Assets

CR0325

Definition

The most recent prior year business assets.

CR0325Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional feesor total number of employees must be provided

CR0326

Field

Additional insured, policy typeCR0326

Definition

Identifies whether this is a Parent or a Child Record. A child is a subsidiarycompany. There can only be a child record if there is also a parent record.

CR0326Premium-core risk

Mandatory for employers’ liability reporting where the insured is located in theUK.
Recommended values “P” for parent, “C” for child.

CR0327

Field

Additional insured, employer nameCR0327

Definition

Identifies the employer name (The name known by the employee). If a Trading
as Name exists on this policy, the supplier will concatenate the Trading as
Name to the Employer Name. Lloyd’s comment: This could be the name of
the insured or it could be a trading name. Maximum length 250 characters

CR0327

Premium-core risk

Mandatory for employers’ liability where the insured is located in the UK.

CR0328Field

Additional insured, employer, ERN exempt flag

CR0328

Definition

Identifies if the “Employer Reference Number” is applicable to this policy
record. ‘Y’ = exempt. Values - “Y” – Yes; “N” – No

CR0328Premium-core risk

Mandatory for employers’ liability where the insured is located in the UK.

CR0329Field

Additional insured, employer reference number

CR0329Definition

Identifies the Unique ID / PAYE Code. The format for most numbers allocatedsince 2001 is NNN/Aznnnnn, where NNN is the 3-digit number for the Tax
Office whose catchment area the employer falls into, and Aznnnnn is the ERN,
where n is numeric, and A and z are letters. For numbers allocated prior to
2001, the format is NNN/Annnnn in the majority of cases.

CR0329Premium-core risk

Mandatory for employers’ liability where the insured is located in the UK unlessthe Insured ERN Exempt Flag = “Y”.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0330

Field

FRID

CR0330Definition

The Flood Re unique identifier of "FRid" is being created by the Managing
Agent for all of the 30 million UK properties that will be stored on the online andoffline version of the Property Data Hub. The unique field is a UUID, UUID isrepresented by 32 lowercase hexadecimal digits, displayed in five groups
separated by hyphens, in the form 8-4-4-4-12 for a total of 36 characters (32alphanumeric characters and four hyphens).

CR0330Premium-core risk

Recommended for UK Flood Re Properties

CR0331

Field

Property typeCR0331

Definition

The type of building which is insured.
Recommended values:















ETB End terrace bungalow;
SDB Semi-detached bungalow
TB Terraced bungalow;
MNS Maisonette;
BUC Building Under Construction
CH Chalet;
HR Halls of Residence;
HB House Boat;
M Mansion
PH Park Home;RC Residential Caravan;
R Rooms;
SF Service Flat Within Employers
Premises;
SH Show House;
UNK Unknown

CR0331

Premium-core risk

DH Detached house;
ETH End terraced house;
H House;
MTH Mid terrace house;
SDH Semi-detached house;
TH Terraced house;
BF Basement flat;
FT Flat;GF Ground Floor Flat;
OF Other Floor Flat
B Bungalow;
MTB Mid Terraced Bungalow;DB Detached Bungalow
Mandatory for UK Flood Re property; recommended for other property

CR0332

Field

Property, eligibility category

CR0332

DefinitionCouncil / Property tax band. If 'Property Use' = M then the 'Property tax band' isthat of the freeholder.
Note that for NI the value in this field can be between 1-8.
England and Scotland A - H. Wales A - I.

CR0332Premium-core risk

Mandatory for UK Flood Re properties

CR0333

Field

Property, resilience work

CR0333

Definition

Has work been carried out to the property to protect against flooding? If not
known, then state “U” unknown. Values Y, N, U

CR0333

Premium-core risk

Mandatory for UK Flood Re properties

CR0334

Field

Property, basement

CR0334

Definition

Does the property have a basement? If not known, then state “U” unknown.
Values Y, N, U

CR0334

Premium-core risk

Mandatory for UK Flood Re properties

CR0335

Field

Property, basement usage

CR0335

Definition

If the property has a basement, then the usage of the basement.
ValuesS – Storage;93

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0335Premium-core risk


D – Dwelling;U – Unknown
Mandatory for UK Flood Re properties which are known to have a basement

CR0336

Field

Property, number of bedrooms

CR0336

Definition

The number of bedrooms within the property insured. Where there are multiple
units, this will reflect the total number of bedrooms in all units.

CR0336Premium-core risk

Mandatory for UK Flood Re properties

CR0337

Field

Property, wall construction

CR0337

Definition

What materials are used in the wallconstruction?
Values:



















ALM Aluminium;
ASB Asbestos;
BR Brick;
BG Bungaroosh
CLA Clay-Lump/Adobe;
CLU Clunch;
COB Cob Construction;
CON Concrete
CI Corrugated Iron;
EC Essex Construction;
FG Fibreglass Construction
FLN Flint; GLS Glass;
LAP Lathe And Plaster;
MTL Metal
MB Mundic Block;
PST Plastic;
PC Prefabricated Building Combustible Materials
PN Prefabricated Building - Non
Combustible Materials

CR0337

Premium-core risk

Mandatory for UK Flood Re properties

CR0338

Field

Property, roof construction

CR0338

Definition

What materials are used in the roof
construction?
















ALM Aluminium;
ASB Asbestos;ASP Asphalt;
CON Concrete;
COP Copper;
CI Corrugated Iron;
EPD Ethylene Propylene Diene
Monomer;
EPDM FOT Felt On Timber
FBR Fibreglass;
GLS Glass;
GR Green Roofs;
LED Lead;
MTL Metal;
PST Plastic
POL Polycarbonate;

94






































STN Standard Construction
SF Steel Frame;
SFB Steel Frame/Brick;
SFR Steel Frame/Render Or
Pebbledash
SFT Steel Frame/Tile;
SFW Steel Frame/Wood Shiplap;
STO Stone
STM Stramit Construction;
SB Straw Bale;SIP Structurally Insulated Panels(SIPs)TBR Timber;
TBF Timber Frame;
TFB Timber Frame/BrickTLP Timber Frame/Lathe And
Plaster;
TFS Timber Frame/Stone
TFT Timber Frame/Timber;
TP Timber/Plaster;
WAD Wattle And Daub
Construction
WW Woodwall WC Woodwork
Construction;
UNK Not Covered By Any Other
Item On The List

PVC Reinforced PVC;SHG Shingle;
SA Shingle - Asphalt
SP Shingle - Pine/Spruce/Cedar;
SLT Slate;
STN Standard Construction
STM Stramit;
TF Thatch – Fibre;
TR Thatch – Reed;
TLE Tile
TBR Timber;
TRN Turnerised;
WC Woodwork Construction;ZNC Zinc
UNK Not Covered By Any Other
Item On The List

Lloyd’s Coverholder Reporting Standards Version 5.2

CR0338Premium-core risk

Mandatory for UK Flood Re properties

CR0339Field

Property, rebuilding costs

CR0339Definition

This value is a true representation of the risk am dos

CR0339Premium-core risk

Mandatory for UK Flood Re properties

CR0340

Field

Property, rebuilding basis indicator

CR0340Definition

How the rebuilding cost was derived

CR0340Premium-core risk
I Insured declared estimate
C Calculated by insurer
S Provided by surveyor

U Unknown
Mandatory for UK Flood Re properties

CR0341

Field

Property, transaction rating date

CR0341

Definition

The date on which the rating of building cover is based. This will determine
which version of FR premium tables or property tax tables are used.

CR0341

Premium-core risk

Mandatory for UK Flood Re properties

CR0342

Field

Property, building excess amountCR0342

Definition

Insurer buildings excess amount.

CR0342Premium-core risk

Mandatory for UK Flood Re properties

CR0343

Field

Property, buildings new annual premium

CR0343

Definition

Flood Re annual buildings cover premium linked to tax band.

CR0343

Premium-core risk

Mandatory for UK Flood Re properties

CR0344

Field

Property, transaction premium

CR0344

Definition

Flood Re additional or return premium for adjustments to buildings cover.

CR0344

Premium-core risk

Mandatory for UK Flood Re properties

CR0345

Field

Property, building alternative accommodation limit

CR0345

Definition

This is the limit amount of alternative accommodation costs as a monetary
value.

CR0345Premium-core risk

Mandatory for UK Flood Re properties

CR0346

Field

Property, high value art

CR0346

Definition

High value fine art items insured on original policy. High value art items aredefined in this case as a single fine art item worth or valued at more than
£25,000.

CR0346Premium-core risk

Mandatory for UK Flood Re properties

CR0347

Field

Property, contents blanket sum insured

CR0347

Definition

The blanket limit set by the insured.

CR0347

Premium-core risk

Mandatory for UK Flood Re properties

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0348

Field

Property, contents transaction rating date

CR0348

Definition

The date on which the rating of Contents cover is based. This will determine
which version of Flood Re premium tables or Property Tax tables are used.

CR0348Premium-core risk

Mandatory for UK Flood Re properties

CR0349Field

Property, contents excess amountCR0349Definition

Insurer contents excess amount.

CR0349Premium-core risk

Mandatory for UK Flood Re properties

CR0350

Field

Property, contents new annual premium

CR0350Definition

Flood Re annual contents cover premium linked to tax band.

CR0350Premium-core risk

Mandatory for UK Flood Re properties

CR0351

Field

Property, contents transaction premium

CR0351

Definition

Flood Re additional or returned premium for adjustments to Contents cover.

CR0351

Premium-core risk

Mandatory for UK Flood Re properties

CR0352

Field

Property, contents alternative accommodation list

CR0352

Definition

This is the limit amount of alternative accommodation costs as a monetary
value.

CR0352Premium-core risk

Mandatory for UK Flood Re properties

CR0353

Field

Property, total premium payable

CR0353

Definition

Total of transaction premiums.

CR0353

Premium-core risk

Mandatory for UK Flood Re properties

CR0354

Field

Policy basis

CR0354

Definition

Whether the policy is written on a losses incurring or claims made basis
Required values for APRA - Losses Incurred Basis or Claims Made Basis

CR0354

Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance where this is the policy basis

CR0355

Field

Duplicate combined with CR0054

CR0356

Field

Limit of indemnity

CR0356

Definition

The proportion of the limit of the indemnity which applies to the risk.

CR0356Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance

CR0357

Field

Professional Fees

CR0357

Definition

Most recent prior year annual professional fees represented by this risk record.

CR0357

Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional fees or
total number of employees must be provided

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CR0358

Field

Other risk factors, description

CR0358

Definition

Risk factor is a measure of the relative exposure that the policy represents.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide either, turnover, assets,
professional fees or total number of employees. If none of these apply, thenanother risk factor must be reported, and this field should provide thedescription.

CR0358Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional fees or
total number of employees or another risk factor description (CR0358) andvalue (CR0359) must be provided.

CR0359Field

Other risk factors, Value

CR0359Definition

Risk factor is a measure of the relative exposure that the policy represents.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. Either, turnover, assets, professional fees or
total number of employees must be provided. If none of these apply, thenanother risk factor must be reported, and this field should provide the value.

CR0359Premium-core risk

Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide either, turnover, assets,
professional fees or total number of employees or another risk factor
description (CR0358) and value (CR0359).

CR0360Field

APRA Product Type

CR0360Definition

One from the following list of values defined by APRA. Where business iswritten as part of a package policy, the “Product type” is to be based on thenature of the cover offered, as set out in the above table. The fact that cover issold in conjunction with other types of insurance is not collected.

Public liability (pure) (PUB)
Products liability (pure) and product recall (PRO)
Mixed public/products cover ('Broadform' liability) (BRD)Construction liability (CON)
Environmental impairment liability (EIL)
Excess Liability (EXL)
Excess Umbrella (EXU)
Umbrella covers (UMB)
Other (PLO)Professional indemnity (not medical malpractice) and errors &Omissions (PII)
Association Liability (ASN)
Directors' and Officers' liability (D&O)
Defamation Insurance (DFI)
Employment Practices (EPL)Financial Institutions Policy (FIP)Information & Communication Technology Insurance (ICT)Medical Indemnity/Malpractice (MAL)Superannuation Trustees (STL)
Other (PIO)
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0360Premium-core risk

CR0361

Field

Date or report/first report date (removed, merged with CR0136)

CR0362

Field

Jurisdiction of claim

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0362

Definition

This is the state (ACT, NSW, NT, QLD, SA, TAS, VIC or WA) where the claim
has been decided by a court judgement. If the claim is decided in a federal
court, input the state where the claim was heard. However, if the claim issettled out of court, then input the state where the claim was settled, this would
usually be the State or Territory in which the claimant resides. A claim thatnever reaches the stage of a writ is an out of court claim.
Where an insurer has multiple claimants under the one claim and payments are
made to each claimant, but in different jurisdictions, the jurisdiction of theprinciple claimant should be used. If the claim was settled overseas, code thejurisdiction as that of the policy holder's principle address.

CR0362ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance. This field is mandatory for finalised claims
only.

CR0364

Field

General nature of loss

CR0364

Definition

The general nature of the loss as defined by the regulator.
For Australia this is as defined by APRA. If a claim is comprised of more than
one general nature of loss field type (i.e. P (property damage) and B (bodily
injury)), then a claim may only be coded as L, X, Y or Z if the relevant
component is greater than 15% of the claim amount.
Values
Bodily injury or deathB
Property damage onlyP
Financial loss only (no physical damage or bodily injury)F
Both property damage and bodily injury
L
Both bodily injury and financial loss X
Both property damage and financial lossY
Property damage, bodily injury and financial loss
Z
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0364Claims

CR0366

Field

Body functions or structures affected

CR0366

Definition

Code the most significant body function or structure affecting the claimant as
known at the end of the reporting period, for all claims involving bodily injury
where the General Nature of Loss, CR0364, contains a bodily injury component
i.e. B, L, X or Z.
ValuesC
Cardiovascular, Haematological, Immunological and Respiratory
D Death
E Digestive, Metabolic and Endocrine Systems

G Genitourinary and Reproductive
M Mental or Nervous System
N Neuro-musculoskeletal and Movement-Related
P Sensory, Pain, Eye, Ear and Related Structures

S Skin and Related Structures
V Voice and Speech
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0366Claims

CR0367

Field

Severity of loss

CR0367

Definition

Code the severity of the loss underlying the claim for all claims involving bodily
injury where General Nature of Loss, CR0365, contains a bodily injury
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Lloyd’s Coverholder Reporting Standards Version 5.2

component i.e. B, L, X or Z.
ValuesL1 Minor or mild injury to soft tissue; minor lacerations; bruising; minor
psychological harm
L2 Minor or simple fractures; larger lacerations

M1 Moderate injury usually involving nerve or tissue damage; major
psychological harm
M2 Serious injury involving loss of tissue, internal bleeding, ruptured
tissue or organs; serious and permanent psychological damage
S1 Major injury involving brain injury likely to lead to permanent
impairment

S2 Major injury involving spinal cord injury likely to lead to permanent
impairment

S3 Quadriplegia

S4 Paraplegia
S5 Other major injury leading to a disability that is likely to permanently
reduce the earning capacity or activity in the community of the claimant
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.
CR0367

Claims

CR0368Field

Litigation status

CR0368

Definition

Extent to which case has proceeded through the legal system
ValuesO Claim is not litigated
N Plaintiff does not have legal representation
U Plaintiff has legal representation, but the claim has not been resolved.
L Plaintiff has obtained legal advice, but settlement was reached bynegotiation (whether court proceedings were commenced or subsequent
to a judgement but before an appeal court determination)V Case was settled by court judgement (whether lower court or appeal
court) and defendant paid judgement amount (i.e. either case was notappealed, or appeal was not upheld)
W Plaintiff has legal representation and elects to withdraw the claim.

X Plaintiff has legal representation, but the case is not awarded inplaintiff’s favour
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.


CR0368Claims

CR0369Field

Diary date

CR0369Definition

The open diary date assigned to the claim. The last diary date. This can becompleted with a nil return.

CR0369ClaimsMandatory, but this does need not be reported on the same submission as theother data discussed here

CR0370

Field

Peer review date

CR0370Definition

If a peer review has been assigned to the claim, then the date on which thisclaim was last peer reviewed.

CR0370ClaimsMandatory to report the dates of any peer reviews. This does need not bereported on the same submission as the other data discussed here.

CR0371

Field

Date first reserve established

CR0371

Definition

The date that first financial (indemnity or fee) reserve was assigned to theclaim, including fees and indemnities.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR0371ClaimsMandatory that this field is completed if there is a reserve, but this does neednot be reported on the same submission as the other data discussed here.

CR0372

Field

Claim first notification acknowledgement date

CR0372

Definition

The date on which the first notification of the loss was acknowledged to theinsured.

CR0372ClaimsMandatory for all claims, but this does need not be reported on the same
submission as the other data discussed here.

CR0373Field

Date first advised, notification date – removed, no longer required as duplicate
of CR0136

CR0374

Field

Pool Re Zone

CR0374

Definition

The pool re rating zone in which the risk is located.

CR0374

Premium-core risk

Mandatory for all UK pool re risks

CR0375Field

Gross third-party recoveries received

CR0375

Definition

Total of all amounts that have been received to date from third parties inrespect of the claim, net of GST in whole dollars, no decimal point. Excludes
any amounts that have been received under reinsurance contracts. Salvage
should be reported as a third-party recovery.

CR0375

ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0376Field

Gross third-party recoveries outstanding

CR0376

Definition

Total of all amounts that are expected to be received after the end of thereporting period from third parties in respect of the claim, net of GST in whole
dollars, no decimal point. Excludes any amounts expected to be received
under reinsurance contracts. Will be zero if the claim is finalised. Salvage
should be reported as a third-party recovery.

CR0376ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance.

CR0377

Field

Cover Type

CR0377

Definition

The type of cover being provided by the policy. Please see Appendix 2 forvalues required

CR0377

Premium-core risk

Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.
Either complete this field using Appendix 2 or complete fields CR1281, CR1282
and CR1283 with the three values from Appendix 2.

CR0378

Field

Distribution Channel

CR0378

Definition

The distribution channel used to acquire the policy.
Values required:






Direct marketing via telesales/call centre of the insurer
Direct marketing via telesales/call centre of affinity scheme
Direct marketing via telesales/call centres of any other third party
Direct marketing via internet
Marketing via aggregator and/or lead generator
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Lloyd’s Coverholder Reporting Standards Version 5.2

Face-to-face by insurer’s own individual representatives (“tiedagents”)

Face-to-face by insurer's juristic representatives
Face-to-face by independent intermediaries (FSP’s that are notrepresentatives of the insurer)
Other
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
inception get after 30 June 2016 and any existing binders as at 1 January 2017
CR0378Premium-core risk

CR0925

Field

Total Fee AmountCR0925

Definition

The total amount being added or deducted for the whole risk.

CR0925

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
New! Mandatory for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels.

CR1250Field

IA-Levy - Co-insurance code

CR1250Definition

Whether the risk has been written on a co-insurance basis with the company
market and if so, whether Lloyd's participants are acting in a lead or following
capacity.
Values
L = Lead
F = Follower
N = Not co-insurance
X = where lead has confirmed they’re not paying the levy on behalf of thefollower.
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.
CR1250

Risk

CR1251Field

IA-Levy - Total gross written premium amountCR1251

Definition

Total amount of the gross written premium charged for the risk to the insured
by both Lloyd's and other co-insurance participants.

CR1251

Risk

Mandatory for co-insurance where Lloyd’s is the lead, where the business isbeing written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual risk.

CR1252

Field

Paid this month fees – VAT applied

CR1252

Definition

CR1252Claims

New! Change to definition - Breakdown of total fees reported (CR0127) - Thegross amount of fees invoiced to the insurer which have had VAT applied to theinvoice.
A breakdown of fees is mandatory for any claims on any risks incepting on
coverholder appointment agreements with Lloyd’s Brussels. All appropriate
fields to be completed. Where there is no breakdown of the fees reported,
Belgian VAT (currently 21%) will be applied to the total paid this month fees
(CR0127).

CR1253

Field

Paid this month fees – VAT AmountCR1253

Definition

New! Change to definition - Breakdown of total fees reported (CR0127) - The
VAT amount which was invoiced to the insurer on the fees captured inadditional field Paid this month fees –VAT applied (CR1252).

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR1253ClaimsA breakdown of fees is mandatory for any claims on any risks incepting on
coverholder appointment agreements with Lloyd’s Brussels. All appropriate
fields to be completed. Where there is no breakdown of the fees reported,
Belgian VAT (currently 21%) will be applied to the total paid this month fees
(CR0127).

CR1254

Field

Paid this month fees – exempt Belgian VAT

CR1254

Definition

CR1254ClaimsBreakdown of total fees reported (CR0127) - The total amount of fees invoiced
to the insurer which are exempt from Belgian VAT.; for example: claims
handling fees charged by a coverholder who was involved in the placing of theinsurance policy with Lloyd’s Brussels.
A breakdown of fees is mandatory for any claims on any risks incepting on
coverholder appointment agreements with Lloyd’s Brussels. All appropriate
fields to be completed. Where there is no breakdown of the fees reported,
Belgian VAT (currently 21%) will be applied to the total paid this month fees
(CR0127).

CR1255

Field

Paid this month fees – no VAT applied

CR1255

Definition

CR1255

Claims

New! Change to definition - Breakdown of total fees reported (CR0127) - The
total amount of fees invoiced to the insurer, which have not had any VAT
applied to the invoices, and, are not exempt from Belgian VAT (CR1254).
These fees will be subject to Belgian VAT as services being supplied crossborder to Lloyd’s Brussels.
A breakdown of fees is mandatory for any claims on any risks incepting on
coverholder appointment agreements with Lloyd’s Brussels. All appropriate
fields to be completed. Where there is no breakdown of the fees reported,
Belgian VAT (currently 21%) will be applied to the total paid this month fees
(CR0127).

CR1256

Field

Spanish tax identification number

CR1256

Definition

The Spanish tax identification number for the insured the NIF (personal
insured) or the CIF (commercial insured)(i) Spanish citizens, the NIF is the ID number plus one letter;(ii) Spanish entities, it consists of a letter followed by 8 digits (the letter
represents the type of entity, the most common being “A” for Sociedad
Anónima or SA and “B” for Sociedad Limitada or SL andForeign people residing in Spain, it consists of an 'X' followed by 7 or 8 digits
and then another letter.
Spain - Mandatory for all new policies incepting or renewing on or after 1 July
2018 for risks located in the following Spanish regions - Spain Navarra (NV).

CR1256Premium-core risk

CR1257

Field

Heads of damage – past economic loss

CR1257

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.

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Lloyd’s Coverholder Reporting Standards Version 5.2

This field should be completed with the amount for past economic loss.
CR1257

ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR0105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1258

Field

Heads of damage – future economic loss

CR1258

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for future economic loss.

CR1258ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1259

Field

Heads of damage - Past medical, hospital

CR1259Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for past medical, hospital,
caring and related services.

CR1259ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1260

Field

Heads of damage - Future medical, hospital

CR1260Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services
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Lloyd’s Coverholder Reporting Standards Version 5.2(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for future medical, hospital andrelated services.
CR1260ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1261

Field

Heads of damage - Future caring services

CR1261

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for future caring services.

CR1261ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1262

Field

Heads of damage - General damages

CR1262

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for general damages.

CR1262ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

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CR1263

Field

Heads of damage - Interest

CR1263

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for interest.

CR1263ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1264

Field

Heads of damage - Plaintiff legal costs

CR1264

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for plaintiff legal costs.

CR1264ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR0105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1265

Field

Heads of damage - Defendant legal costs

CR1265

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for defendant legal costs.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR1265

ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1266

Field

Heads of damage - Investigation costs

CR1266

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for investigation costs.

CR1266ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1267

Field

Heads of damage – other

CR1267

Definition

Heads of damage is a breakdown of the total settlement amount. When aclaim is closed a breakdown of the total settlement amount must be given
across the following fields:- past economic loss (CR1257); future economic loss
(CR1258); past medical, hospital, caring and related services (CR1259); future
medical, hospital and related services (CR1260); future caring services(CR1261); general damages (CR1262); interest (CR1263) ; plaintiff legal costs(CR1264) ; defendant legal costs (CR1265); investigation costs (CR1266) andother (CR1267). The total across all these items should be equal to the sum of
the previously paid indemnity (CR0128), paid this month – indemnity (CR0126),
the previously paid fees (CR0129) and the paid this month fees (CR0127). Anyrounding differences should be included in other.
This field should be completed with the amount for other.

CR1267

ClaimsMandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance for any finalised claims; to be reported in the
period in which the claim was finalised only. For example, the first time a claim
status (CR105), is closed and the reserve indemnity (CR0130) and reserve
fees (CR0131) are zero.

CR1268

Field

Lead syndicate number

CR1268

Definition

The number attributed to the lead syndicate on the binding authority contract.
4 digits numeric. If only 3 numbers are provided a leading zero will beassumed, for example ‘385’ will be assumed to be ‘0385’.
Note – there may be different lead syndicates for each section of the binding
authority contract, in which case the different lead syndicates must be reportedwith the section reference.

106

Lloyd’s Coverholder Reporting Standards Version 5.2

CR1268

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR1268ClaimsMandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk or
claim.

CR1269Field

Hong Kong Insured Occupation CodeDefinition

This is the code used to define the trade or profession of the insured.
For Hong Kong - The EC description used to categorise Employee
Compensation business.
Values for Hong Kong
Agriculture, Forestry and Fishing
AFF
Mining and Quarrying
MQ
Manufacturing
MANElectricity, Gas and Water
EGSSpecial TradesSTConstruction – on Annual Wage Basis
CAWBConstruction – on Contract Value Basis
CCVBWholesale, Retail and Import/Export Trades
WRI
Restaurants and Hotels
RH
Transport, Storage and Communication
TSC
Financing, Insurance, Real Estate and Business Services
FIRECommunity, Social and Personal Services
CSPS
Others/Non-Classified Occupations
NCO
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR1269Risk

CR1269ClaimsMandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim

CR1270Field

IA Accounting Class

CR1270Definition

For Hong Kong this is the code for the IA Accounting Class. Values: 
Accident and Health
AH
Motor Vehicle, Damage and Liability
MDL
Aircraft Damage and Liability
ADL
Ships, Damage and Liability
SDL
Goods in Transit
GIT
Property Damage
PD
General LiabilityGL
Pecuniary Loss
PL
Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR1270

Risk

CR1270ClaimsMandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim.

CR1271

Field

Accessori – written amount

CR1271

Definition

The total written amount of any accessori added by the coverholder in Italy.

CR1271

Risk

New! Mandatory for Italian transactions; if no accessori has been deducted
then state zero. This should form part of the Lloyd’s Brussels Risk Data.

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Lloyd’s Coverholder Reporting Standards Version 5.2

CR1272Field

IA Sub-accounting class

CR1272

Definition

For Hong Kong this is the code for the
IA sub-accounting class
Values for Hong Kong










Forwarder Liability FL
Protection and Indemnity
OthersOTH
Goods in Transit
GIT
Fire
FIRE
Engineering
ENG
OthersOTH
Employees’ Compensation
EC
Owners’ Corporation Liability
OCL
OthersOTH
Mortgage Guarantee MG
OthersOTH

PI

MedicalM
Non-Medical (Travel) NMT
Non-Medical (Non-Travel)
NMNT
Comprehensive
COMP
Third PartyTPSpecial Own Damage SODAircraft Damage and Liability

ADL


Hull and Machinery HM
Local Vessels Liability –Comprehensive
LVLC
Local Vessels Liability – Third
Party
LVLTP
Mandatory when type of insurance (CR0019) is direct and the IA Accountingclass (CR1270) has been provided; otherwise optional where the business isbeing written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual risk.


CR1272

Risk

CR1272ClaimsMandatory when type of insurance (CR0019) is direct and the IA Accountingclass (CR1270) has been provided; otherwise optional where the business isbeing written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual claim.

CR1273

Field

Nature of claim

CR1273

Definition

For Hong Kong - This defines whether the claim is a bodily injury or non-bodily
injury claim.
Values
Bodily Injury
BI
Non-Bodily Injury NBI
Mandatory where IA Accounting class (CR1270) is Motor Vehicle, Damage andLiability MDL and type of insurance (CR0019) is direct and the business isbeing written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual claim

CR1273ClaimsCR1275Field

Type of vehicle - code

CR1275

Definition

For Hong Kong this is the code used to categorise the type of motor vehicle.
ValuesCR1275Risk


Private Car
PCGoods Carrying Vehicle GCVTractors TRC

Taxis
TAX

Public Light Buses (Green) PLBG

Public Light Buses (Red) PLBRPrivate Light Buses and Non-Franchised Buses
PLBMotor Cycles
MC
Others OTH
Mandatory for class of business code (CR1270) Motor Vehicle, Damage andLiability MDL and type of insurance (CR0019) is direct where the business is108

Lloyd’s Coverholder Reporting Standards Version 5.2

being written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual risk. Should not be populated for otherclasses.
CR1275

ClaimsMandatory for class of business code (CR1270) Motor Vehicle, Damage andLiability MDL and type of insurance (CR0019) is direct where the business isbeing written through a Hong Kong domiciled coverholder or service company,
regardless of the location of the actual claim. Should not be populated for otherclasses.

CR1276

Field

Number of vessels

CR1276

Definition

The number of launches, ferry vessels and pleasure craft covered by local
vessels liability

CR1276

Risk

Mandatory for class of business code (CR1270) Ships, Damage and Liability
SDL; IA Sub-accounting class (CR1272) Local Vessels Liability –Comprehensive LVLC or Local Vessels Liability – Third Party LVLTP; type of
insurance (CR0019) Direct where the business is being written through a Hong
Kong domiciled coverholder or service company, regardless of the location of
the actual risk. Optional for other ships damage and liability combinations.
Should not be populated for other classes.

CR1276ClaimsMandatory for class of business code (CR1270) Ships, Damage and Liability
SDL; sub-class of business code (New! Correction CR1272) Local Vessels
Liability – Comprehensive LVLC or Local Vessels Liability – Third Party LVLTP;
type of insurance (CR0019) Direct where the business is being written througha Hong Kong domiciled coverholder or service company, regardless of thelocation of the actual claim. Optional for other ships damage and liability
combinations. Should not be populated for other classes.

CR1277

Field

Estimated premium income

CR1277

Definition

The total amount of estimated premium income relevant to an open cargo
cover.

CR1277

Risk

Where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk Either Gross Written Premium (CR0021) or Estimated Premium Income field(CR1277) must be completed when class of business code (CR1270) is Goods
in Transit GIT. Should not be populated for other classes.

CR1278

Field

Lloyd's brokerage amount for the risk

CR1278

Definition

The brokerage amount taken by the Lloyd’s Broker expressed as an amount of
the gross written premium, in the original currency.
Notes for Hong Kong - Brokerage charged as an annual fee should not beshown here and should be reported as a management expense in Other Fee
Amount (CR0087).

CR1278Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR1279Field

Management expense

CR1279Definition

Costs arising from the management of the binding authority.

CR1279Risk

Mandatory for any management expenses (costs arising from the
management of a binding authority); where the business is being written
through a Hong Kong domiciled coverholder or service company, regardless of109

Lloyd’s Coverholder Reporting Standards Version 5.2

the location of the actual risk.
CR1279Claims reporting

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual claim
where there is a management expense to report.

CR1280Field

Net premium to underwriters for the risk

CR1280Definition

The amount of the gross written premium due to underwriters following thededuction of coverholder commissions (CR0235) and Lloyd’s BrokerageAmount for the Risk (CR1278), but excluding items recorded as management
expenses (CR1279).

CR1280Risk

Mandatory where the business is being written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk or
claim.
New! Mandatory for risks written by Service Company on Lloyd’s Asia platform

CR1281

Field

Cover type – level 1

CR1281

Definition

The type of cover being provided by
the policy. Please see Appendix 2 forvalues required – across levels 1, 2
and 3
Values for level 1












Liability
MarineMiscellaneous
Motor
Property
Rail
Trade Credit
Transport
TravelCommercial Lines Policy with
Multiple Cover Types
Personal Lines Policy with
Multiple Cover Types


Accident and Health
Agriculture
AviationConsumer CreditEngineering
GuaranteeLegal Expense
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017

CR1281

Premium-core risk

CR1282

Field

Cover type – level 2

CR1282

Definition

The type of cover being provided by the policy. Please see Appendix 2 forvalues required across levels 1, 2 and 3.
Values for level 2












Commercial lines
Commercial lines - Mandatory
Commercial lines - Optional
Commercial lines - OtherGroup
Individual - Commercial lines
Individual - Personal lines
Personal lines
Personal lines - Mandatory
Personal lines - Optional
Personal Lines – OtherThis field may also be left blank to meet requirements of Appendix 2.
CR1282Premium-core risk

Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or110

Lloyd’s Coverholder Reporting Standards Version 5.2

incepting after 30 June 2016 and any existing binders as at 1 January 2017.
CR1283

Field

Cover type – level 3

CR1283

Definition

The type of cover being provided by
the policy. Please see Appendix 2 forvalues required across levels 1, 2 and3Values for level 3







Liability: Public liability
Livestock
Loss of Property (including
baggage)MarineMedical emergency evacuation ortransport
Medical expense shortfall cover(Gap Cover)
Miscellaneous: Other
Miscellaneous: Warranty
Motor
Motor: 3rd Party, fire & theft
Motor: 3rd Party
Motor: Comprehensive
Motor: Other;
Motor;
Non-medical expense cover as aresult of hospitalisation (Hospital
Cash Back)
Other
Personal
Pet Insurance
Product liability
Professional indemnity
Property: Building structure
Property: Business interruption
Property: Contents
Property: Other
Property: Specified items
Public liability
RailSpecified items
Transport
Warranty

3rd Party, fire & theft
3rd Party
A&H: Health event other than
accident
A&H: Personal accident
Accident & Health
Agriculture: Crop
Agriculture: Equipment

Agriculture: Other
Aviation
Building structureBusiness interruptionCancellationComprehensiveContentsCredit Shortfall


Crop;


Death, disability or health event
while travelling
Directors and officers

Employer liabilityEngineeringEquipmentHIV, Aids, tuberculosis andmalaria testing and treatment
International travel insuranceInterruptionLegal ExpenseLiability: Directors and officers
Liability: Employer liability
Liability: OtherThis field may also be left blank toLiability: Product liability;
meet requirements of Appendix 2.
Liability: Professional indemnity
Mandatory where the insured or the risk is located in South Africa excluding
reinsurance; for any risks or claims attached to any annual binders renewing or
incepting after 30 June 2016 and any existing binders as at 1 January 2017.


CR1283

Premium-core risk

CR1284

Field

Australia insured occupation code

CR1284

Definition

This is the code used to define the trade or profession of the insured.


For Australia for Public and Products Liability, EPL and D&O risks,
use the principal classification of the business from the latest editionof Catalogue Number 1292.0 Australian and New Zealand Standard
Industrial Classification (ANZSIC), published by the Australian Bureauof Statistics and available on their web site. Provide data at the 4-digit
ANZSIC code level. Any reports or publications will be aggregated to
the 2-digit level ANZSIC.

Residential strata owners’ liability is collected under ANZSIC
classification 7711- Residential Property Operators, whereas forCommercial Property Operators it is either 7712 or the occupation111

Lloyd’s Coverholder Reporting Standards Version 5.2

code that is most closely aligned with the tenancy of the strata.

CR1284

Premium-core risk

For Professional Risks (excl. EPL and D&O), use the APRA
occupation codes for professional indemnity Where an appropriate
code does not exist for the insured organisation, the first character of
the appropriate industry may be used.
Mandatory in Australia for reporting to APRA on public and product liability andprofessional indemnity insurance to provide details of the nature of the insuredorganisation/occupation by providing either the insured occupation description(CR0382) or the insured occupation code (CR1284).

CR1285

Field

UK insured occupation code

CR1285

Definition

CR1285Premium-core riskThis is the code used to define the trade or profession of the insured.
For the UK - The standard industrial classification of risks, the SIC code should
be used. As a minimum the lowest level of SIC code, for example, “H”
representing “Transportation and storage” to be provided.
https://onsdigital.github.io/dp-classification-tools/standard-industrialclassification/ONS_SIC_hierarchy_view.html
Mandatory for all UK pool re risks

CR1288Field

Mandatory where the location of risk country (CR0050) is the UK; or the
insured or reinsured country (CR0041) is the UK for all commercial risks wheretype of insurance (CR0019) is Direct, incepting from 1 January 2019. (New!
Note amendment to conditions)
New! 100% Net written premium in USD

CR1288

Definition

The final net premium amount, that is the gross premium after the deduction of
all acquisition costs (deductions and additions) including any commissions andbrokerages, expressed in USD and as 100% of the Lloyd’s share.

CR1288

Risk

NEW! Mandatory for any risks written on Lloyd’s Asia platform, where thisinformation cannot be determined from the binder or section reference.

CR1292

Field

New! Amount of Taxable Written Premium

CR1292

Definition

New! The amount of taxable written premium, and fees if appropriate, to which
the tax applies. If this amount needs to be deducted from the original premium
to give the net, then it is recommended that a minus sign should be shown.

CR1292

Risk

New! Mandatory where the business is written through a Hong Kong domiciled
coverholder or service company, regardless of the location of the actual risk.

CR1294

Field

New! Local sub producers commission amount (written/risk)

CR1294

Definition

New! The commission taken by the local sub-producer in the original currency.



NOTE: This field should only be completed where the commission has notalready been included in the Coverholder Commission fields.
CR1294

Risk

New! Mandatory for risks written by Service Company on Lloyd’s Asia platform.
New! Mandatory where the business is being written through a Hong Kongdomiciled coverholder or service company, regardless of the location of theactual risk. Either the Local sub-producer's Commission Amount (CR1294) orthe Local sub-producer's Commission % (CR1295) must be completed where it
is charged.

CR1295

Field

New! Local sub-producer commission %CR1295

Definition

New! The commission taken by the local sub-producer expressed as apercentage of the gross written premium, in the original currency.

112

Lloyd’s Coverholder Reporting Standards Version 5.2

NOTE: This field should only be completed where the commission has notalready been included in the Coverholder Commission fields.
CR1295

Risk

New! Mandatory where the business is being written through a Hong Kongdomiciled coverholder or service company, regardless of the location of theactual risk. Either the Local sub-producer's Commission Amount (CR1294) orthe Local sub-producer's Commission % (CR1295) must be completed where it
is charged.

CR1297

Field

Lloyd’s Platform

CR1297

Definition

New! Lloyd’s platforms are underwriting hubs which Lloyd’s has created toenable the placing of business in different geographical regions. As there aredifferent challenges in different territories, so these hubs vary to meet local
requirements from wholly owned subsidiaries which are insurance companies,
for example Lloyd’s Brussels; to regional licensing agreements with regulators,
and, centralised services.
Expected values

CR1297

Risk

Lloyd’s Brussels
Lloyd’s Asia

NEW! Mandatory for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels, where this information cannot be determinedfrom the binder or section reference.
NEW! Mandatory for any risks written on Lloyd’s Asia platform, where thisinformation cannot be determined from the binder or section reference.

CR1297

Premium-core risk

NEW! Mandatory for any risks incepting on coverholder appointment
agreements with Lloyd’s Brussels, where this information cannot be determinedfrom the binder or section reference.
NEW! Mandatory for any risks written on Lloyd’s Asia platform, where thisinformation cannot be determined from the binder or section reference.

CR1297

ClaimsNEW! Mandatory for any claims on any risks incepting on coverholder
appointment agreements with Lloyd’s Brussels, where this information cannot
be determined from the binder or section reference.

CR1298Field

Industrial sector of the insured

CR1298

Definition

The insured to be classified as one of the following:PERSONAL LINES here means - Any natural person acting for purposes
outside his trade, business or profession
MULTIPLE RISKS here means - Facility with multiple risks including a mixtureof industries.











UNKNOWNPERSONAL LINES
MULTIPLE RISKS
A. AGRICULTURE, FORESTRY AND FISHING
B. MINING AND QUARRYING
C. MANUFACTURING
D. ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
E. WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND
REMEDIATION ACTIVITIES
F. CONSTRUCTION
G. WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR
VEHICLES AND MOTORCYCLES

113

Lloyd’s Coverholder Reporting Standards Version 5.2
















CR1298Premium-core-risk

H. TRANSPORTATION AND STORAGE
I. ACCOMMODATION AND FOOD SERVICE ACTIVITIESJ. INFORMATION AND COMMUNICATION
K. FINANCIAL AND INSURANCE ACTIVITIESL. REAL ESTATE ACTIVITIES
M. PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
N. ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
O. PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY
SOCIAL SECURITY
P. EDUCATION
Q. HUMAN HEALTH AND SOCIAL WORK ACTIVITIES
R. ARTS, ENTERTAINMENT AND RECREATIONS. OTHER SERVICE ACTIVITIEST. ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS;
UNDIFFERENTIATED GOODS-AND-SERVICES-PRODUCING
ACTIVITIES OF HOUSEHOLDS FOR OWN USE
U. ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND
BODIES

New! Mandatory, to be provided by 1 September 2020, where the type of
insurance (CR0019) is direct and one of the following has not been providedAustralian Insured Occupation Code, ANZSIC (CR1284);
Hong Kong Insured Occupation Code (CR1269);
UK Insured Occupation Code, SIC (CR1285);
US, NAIC Code (CR0037)



Then the industrial classification of the insured must be reported.

CR1299Field

Reinsurance basis

CR1299Definition

Reinsurance basis is the high-level classification of the terms of thereinsurance contract. For proportional reinsurance contracts, the reinsurer
receives a predetermined percentage of premium and pays a predetermined
percentage of cedant claims. Examples include quota share and surplus
reinsurance contracts. For non-proportional contracts, the reinsurer’s payment
is subject to a deductible or other non-proportional element so that thereinsurance recovery is not a fixed proportion of the cedant’s loss. Examples
include excess of loss per risk and or stop loss reinsurance.
Proportional reinsurance is where recoveries are a fixed percentage of thecedant’s loss.
Non-proportional reinsurance is where recoveries are not a fixed percentage ofthe cedant’s loss.
One of these values to be provided


CR1299Risk

Proportional
Non-proportional

Mandatory for risks incepting on coverholder appointment agreements with
Lloyd’s Brussels where CR0019 is not Direct.

114

Lloyd’s Coverholder Reporting Standards Version 5.2

18 Appendix Two – Cover Type
Level 1

Level 2

Level 3

Motor

Personal lines

Comprehensive;
3rd Party;
3rd Party, fire & theft;
Other

Commercial lines

Comprehensive;
3rd Party;
3rd Party, fire & theft;
Other

Property

Personal lines

Contents;
Specified items;
Building structure;
Other

Commercial lines

Contents;
Specified items;
Building structure;
Business interruption;
Other

Agriculture

Personal lines

Crop;
Equipment;
Livestock
Other

Commercial lines

Crop;
Equipment;
Livestock
Other

Engineering
MarinePersonal lines
Commercial lines

Aviation

Personal lines
Commercial lines

Transport

Personal lines
Commercial lines

Rail

Legal Expense

Personal lines
Commercial lines

115

Lloyd’s Coverholder Reporting Standards Version 5.2

Liability

Directors and officers

Employer liability
Product liability
Professional indemnity
Public liability
Aviation
Engineering
MarineMotor
RailTransport
Personal
Other
Consumer Credit

Personal lines Mandatory

Accident & Health;Motor;
Property: Specified items;
Property: Building structure;
Credit Shortfall;
Other

Personal lines - Optional

Accident & Health;Motor;
Property: Specified items;
Property: Building structure;
Credit Shortfall;
Other

Personal Lines - Other
Commercial lines Mandatory

Accident & Health;Motor;
Property: Specified items;
Property: Building structure;
Credit Shortfall;
Other

Commercial lines Optional

Accident & Health;Motor;
Property: Specified items;
Property: Building structure;116

Lloyd’s Coverholder Reporting Standards Version 5.2

Credit Shortfall;
Other

Commercial lines Other
Trade Credit
Guarantee

Commercial lines

Accident and
HealthIndividual - Personal
lines

Medical expense shortfall cover (Gap Cover);Non-medical expense cover as a result of hospitalisation (Hospital
Cash Back);
HIV, Aids, tuberculosis and malaria testing and treatment;International travel insurance;
Medical emergency evacuation or transport

Individual - Commercial
lines

Medical expense shortfall cover (Gap Cover);Non-medical expense cover as a result of hospitalisation (Hospital
Cash Back);
HIV, Aids, tuberculosis and malaria testing and treatment;International travel insurance;
Medical emergency evacuation or transport

Group

Medical expense shortfall cover (Gap Cover);Non-medical expense cover as a result of hospitalisation (Hospital
Cash Back);
HIV, Aids, tuberculosis and malaria testing and treatment;International travel insurance;
Medical emergency evacuation or transport

TravelIndividual - Personal
lines

Loss of Property (including baggage);
Cancellation;
Interruption;
Death, disability or health event while travelling

Individual - Commercial
lines

Loss of Property (including baggage);
Cancellation;
Interruption;
Death, disability or health event while travelling

Group

Loss of Property (including baggage);
Cancellation;
Interruption;
Death, disability or health event while travelling

Miscellaneous

Personal lines

Warranty;
Pet Insurance;
Other

Commercial lines

Warranty;
Other

117

Lloyd’s Coverholder Reporting Standards Version 5.2

Personal Lines
Policy with
Multiple Cover
Types

Motor: Comprehensive;
Motor: 3rd Party;
Motor: 3rd Party, fire & theft;
Motor: Other;
Property: Contents;
Property: Specified items;
Property: Building structure;
Property: Other
Legal Expense;
A&H: Health event other than accident;
Miscellaneous: Warranty;
Miscellaneous: Other.

Commercial
Lines Policy with
Multiple Cover
Types

Motor: Comprehensive;
Motor: 3rd Party;
Motor: 3rd Party, fire & theft;
Motor: Other;
Property: Contents;
Property: Specified items;
Property: Building structure;
Property: Business interruption;
Property: Other
Agriculture: Crop;
Agriculture: Equipment;
Agriculture: Other;
Legal Expense;
Liability: Directors and officers;
Liability: Employer liability;
Liability: Product liability;
Liability: Professional indemnity;
Liability: Public liability;
Liability: Other;
A&H: Personal accident;
A&H: Health event other than accident;
Miscellaneous: Warranty;
Miscellaneous: Other.

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