Management Expense
Management Expense is reference CR1279 in Lloyd's Coverholder Reporting Standards v5.2. It is a conditional monetary field on risk and claims bordereaux. Expected format: Numeric, 2 decimal places. Negative for returns/refunds.
- Lloyd's reference
- CR1279
- Status
- Conditional
- Data type
- monetary
- Format
- Numeric, 2 decimal places. Negative for returns/refunds.
Applies to
RiskMandatory here
Risk bordereaux describe what was written: the insured, the location, the cover and the limits.
ClaimsMandatory here
Claims bordereaux track incidents, reserves, payments and recoveries against the bound risks.
Mapping this field from a coverholder file?
BDXFlow maps your columns to Management Expense automatically, checks the format, and flags rows that would fail validation before you submit.
Get in touchRelated fields
BDXFlow is not affiliated with, endorsed by, or connected to Lloyd’s. This page lists the structure of the Coverholder Reporting Standards: reference, data type, format and report applicability, described in our own words so you can map files against it. For the official definitions and guidance, see Lloyd’s Reporting Standards. “Lloyd’s” is a registered trademark of the Society of Lloyd’s.