Transaction Type
Transaction Type is reference CR0056 in Lloyd's Coverholder Reporting Standards v5.2. It is a mandatory enum field on risk and premium (paid) bordereaux. Accepts 3 permitted values.
- Lloyd's reference
- CR0056
- Status
- Mandatory
- Data type
- enum
- Allowed values
Original premiumAdditional premiumReturn premium
Applies to
RiskMandatory
Risk bordereaux describe what was written: the insured, the location, the cover and the limits.
Premium (paid)Mandatory
Paid premium reporting covers settlement: what was actually collected and in which currency.
Mapping this field from a coverholder file?
BDXFlow maps your columns to Transaction Type automatically, checks the format, and flags rows that would fail validation before you submit.
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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.