Regulatory Alerts2016-01-07 | DOF 5422274Added · Updated
Amending Circular 21/15 of the Single Insurance and Surety Circular
The National Insurance and Surety Commission modifies Annex 38.1.4 of the Single Insurance and Surety Circular to clarify the requirements for the Regulatory Report on Technical Reserves (RR-3) submitted by insurance institutions and mutual societies. The amendment specifies the exact alphanumeric naming conventions, file formats (including .ZIP.PGP encryption and Excel templates), and field definitions for the RR-3 delivery control report and the quarterly outstanding risk reserve valuation reports. These adjustments apply to all regulated entities to ensure legal certainty and standardized data submission without altering the substantive scope of the original regulations.
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DOF: 07/01/2016
Amending Circular 21/15 of the Single Insurance and Surety Circular
At the margin, a seal with the National Coat of Arms, which says: United Mexican States.- Ministry of Finance and Public Credit.- National Insurance and Surety Commission.
AMENDING CIRCULAR 21/15 OF THE SINGLE INSURANCE AND SURETY CIRCULAR
(Annex 38.1.4.)
The National Insurance and Surety Commission, based on the provisions of Articles 366, fraction II, and 372, fraction VI, of the Law of Insurance and Surety Companies, and
CONSIDERING
That in accordance with the provisions of Article 218 of the Law of Insurance and Surety Companies, insurance institutions shall establish and value the technical reserves referred to in Articles 216, 217, and 223 of the same Law, in accordance with the general provisions issued by the National Insurance and Surety Commission, considering the principles provided for in the aforementioned Article 218.
That in terms of what is established in Article 224 of the Law of Insurance and Surety Companies, the Commission shall determine, through general provisions, the form and terms in which insurance institutions and surety institutions must inform and prove to it everything related to their technical reserves.
That in accordance with Provision 38.1.4 of the Single Insurance and Surety Circular, the Regulatory Report on Technical Reserves (RR-3) shall be presented in accordance with what is stated in Annex 38.1.4, and its delivery shall adhere to the procedure indicated in Chapters 39.1 and 39.3 of the aforementioned Circular.
That from the application that the National Insurance and Surety Commission has carried out of what is established in the aforementioned Annex 38.1.4 for the purpose of delivering the RR-3, said Commission has deemed it necessary, in order to provide legal certainty to regulated entities, to make adjustments to the aforementioned Annex, in order to give greater clarity to the regulations without such adjustments modifying their scope.
Therefore, the National Insurance and Surety Commission has resolved to modify the Single Insurance and Surety Circular in the following terms:
AMENDING CIRCULAR 21/15 OF THE SINGLE INSURANCE AND SURETY CIRCULAR
(Annex 38.1.4.)
SINGLE.- Annex 38.1.4 of the Single Insurance and Surety Circular is modified.
TRANSITORY
SINGLE.- This Amending Circular shall enter into force the day following its publication in the Official Gazette of the Federation.
This is made known to you, based on the provisions of Articles 366, fraction II, and 372, fraction VI, of the Law of Insurance and Surety Companies.
Respectfully,
Effective Suffrage. No Re-election.
Mexico, D.F., December 21, 2015.- The President of the National Insurance and Surety Commission, Norma Alicia Rosas Rodríguez.- Signature.
ANNEX 38.1.4
INFORMATION AND DOCUMENTATION RELATED TO THE
REGULATORY REPORT
ON TECHNICAL RESERVES (RR-3)
For the purposes of what is established in Provision 38.1.4., Institutions and Mutual Societies shall present, as indicated, the information and documentation related to the regulatory report on technical reserves (RR-3), as indicated below:
Institutions and Mutual Societies shall deliver the Regulatory Report on Technical Reserves (RR-3), within 20 business days following the close of the month of December and within 15 business days following the close of each quarter or each month, in case they have the authorization referred to in Provision 5.8.13 of this Single Circular.
In the case of Insurance Institutions and Mutual Societies, with the exception of Insurance Institutions authorized to practice insurance of pensions derived from social security laws.
Information Delivery Control Report of Insurance Institutions and Mutual Societies
Quarterly, the product RR3CERTS must be sent, which must contain the Excel format file corresponding to the information delivery control report, in accordance with what is indicated below:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
The first eight positions will correspond to the specific identifier of the product:
" RR3CERTS " .
c)
In the ninth position, the company type key must be written:
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
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15
16
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20
21
Extension
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E
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S
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0
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9
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.ZIP
.PGP
The Excel format file corresponding to the information delivery control
The Excel format file corresponding to the information delivery control report, as well as its respective user manual, will be available on the Commission's Website ( www.cnsf.gob.mx ) with the name " RR3CERTS.xls " . For its sending, this file must be renamed according to the following:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CERTSFMT " .
b)
In the twelfth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: " 30 "
Month: June ( " 06 " )
Year: 2013
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2
3
4
5
6
7
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24
Extension
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.XLS
The Excel format corresponding to the information delivery control report must be filled out as follows:
i)
The information contained in the cells of the column named " Report " will be related to the names of all the reports indicated in this Regulatory Report, which can be delivered by Insurance Institutions and Mutual Societies.
ii)
For each row, each cell of the column named " Delivered " must be filled with the text " YES " if the report whose name is indicated in the same row in the " Report " column is sent by the Insurance Institution or Mutual Society in the quarter or close of the fiscal year in question; otherwise, the cell of the column named " Delivered " must be filled with the text " NO " .
I.
Outstanding Risk Reserve
Information with quarterly delivery frequency
The report of the results of the valuation of the outstanding risk reserve of each line or type of insurance, with quarterly delivery frequency, will consist of the following:
1.-
The product RR3RRCCV, which must contain the text files of the valuation of the outstanding risk reserve, the Excel format file corresponding to the summary of the valuation of the outstanding risk reserve, and the document or documents of certification, in pdf format, corresponding to the valuation of the outstanding risk reserve, signed by the actuaries responsible for it, referred to in subsections 1, 2, and 3 immediately following, in accordance with what is indicated below:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
The first eight positions will correspond to the specific identifier of the product:
" RR3RRCCV " .
c)
In the ninth position, the company type key must be written:
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
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Extension
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.ZIP
.PGP
1.1.- The valuation of the outstanding risk reserve
From 2 to 23 reports in text file format, of the results of the valuation of each line or type of insurance, whose names must be integrated by 26 alphanumeric characters, that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3RRCCVRES " .
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Description
01
Outstanding risk reserve of short-term life insurance
02
Outstanding risk reserve of long-term life insurance
03
Outstanding risk reserve of reinsurance taken on life insurance
04
Outstanding risk reserve of life insurance by currency
05
Outstanding risk reserve of accidents and diseases
06
Outstanding risk reserve of accidents and diseases of reinsurance taken
07
Outstanding risk reserve of accidents and diseases by currency
08
Outstanding risk reserve of damage
09
Outstanding risk reserve of damage of reinsurance taken
10
Outstanding risk reserve of damage by currency
11
Outstanding risk reserve by Reinsurance taken
12
Large products
13
Large risks
14
Microinsurance
15
Agricultural and animal
16
Insurance with savings component
17
Insurance linked to credits
18
Standardized basic products
19
Mandatory motor third-party liability insurance
20
Earthquake insurance
21
Hurricane and other hydrometeorological risks insurance
22
Mass insurance
23
Responsible
c)
In the fourteenth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 01
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
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5
6
7
8
9
10
11
12
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24
25
26
Extension
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S
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6
3
0
.TXT
Each of the reports of the results of the valuation of the outstanding risk reserve will contain the fields described below for each of them, which must be reported in a matrix arrangement in which each listed field must be delimited by the character known as pipe ( " | " ) to the left and right of each field, except for the first and last of these, in which case they must only be delimited by pipes to the right and left, respectively. Each record will correspond to the detail of the information by line or type of insurance, according to each operation.
The number of fields and records will be fixed and will depend on each report, so that, when a field or a record is not applicable in a certain report, it must be left empty.
The figures must be reported in national currency at the exchange rate corresponding to the currency or monetary unit in question, on the valuation date. For such purposes, the value of the exchange rate of the index or currency in question, published in the Official Gazette of the Federation on the valuation date, must be used.
a) Reports of " Outstanding risk reserve of short-term life insurance ", " Outstanding risk reserve of accidents and diseases " and " Outstanding risk reserve of damage ", Report Key 01, 05 and 08, respectively.
For these reports, short-term insurance will be understood as those whose duration is less than or equal to one year, or damage and accident and disease insurance that operate in the multi-year or poly-year modality.
These reports must contain the following information regarding the outstanding risk reserve of short-term life insurance, accidents and diseases, and damage, coming from the total operation (direct and taken), ceded, and recoverable amounts, which is defined below and disaggregated according to the types of insurance corresponding to each operation.
Field 1:
Line or type of insurance.- It must report, in each record, the name of the line or type of insurance that corresponds, as indicated in the definition of records that follows the present definition of fields.
Example for short-term life insurance.
Field 1, in record 1, must contain the text:
Individual life insurance
Example for accident and disease insurance.
Field 1, in record 6, must contain the text:
Collective personal accidents
Example for damage insurance.
Field 1, in record 5, must contain the text:
Agricultural and animal
Field 2:
Unearned risk premium.- It must correspond to the amount of the unearned risk premium of policies in force or in advance issuance, integrated by the sum of the unearned risk premium of each of the policies, certificates, or endorsements in force or in advance issuance, for short-term and multi-year insurance.
Field 3:
BEL-future obligations for the covered risk.- It must report the best estimate of the future flows of obligations of the Insurance Institution or Mutual Society.
Field 4:
Future premiums not considered in the premium debtor.- It must report the future premiums that, if applicable, have not been registered as premium debtor and have been deducted directly in the calculation of the outstanding risk reserve.
Field 5:
BEL-administration expenses.- It must report the best estimate of administration expenses as registered in the valuation method of the outstanding risk reserve.
Field 6:
Other future costs.- It must report other future costs that, if applicable, have been considered in the calculation of the outstanding risk reserve and that do not correspond to the amount of the risk BEL and the administration expense BEL. Costs such as future dividends or surrenders that have not been part of the risk BEL or the expense BEL can be included. There is no obligation to report anything in this item when there is nothing to report.
Field 7:
Risk margin.- It must report the amount of the risk margin corresponding to the policy in question.
Field 8:
Outstanding risk reserve amount.- It refers to the amount of the outstanding risk reserve, which incorporates the corresponding part to the BEL of future obligations for the covered risk, BEL of administration expenses, other future costs, and the risk margin, deducting, if applicable, the future premiums not considered in the premium debtor.
Field 9:
Amount of ceded premiums of policies in force.- It will indicate the amount of the issued premium ceded in proportional reinsurance.
Field 10:
Recoverable amounts of reinsurance.- It must report the amount of the recoverable amounts of the ceded reinsurance that has been calculated as part of the valuation of the outstanding risk reserve, considering the probability of default.
In each record, the information reported in fields 2 to 8 must correspond to the line or type of insurance reported in field 1, as defined below:
In the case of reports containing the information of the types of insurance of the life operation.
31 records must be reported, as follows.
Record 1:
Individual life insurance.- The totals of the information corresponding to the basic benefits and additional benefits of individual life insurance plans will be reported.
Record 2:
Basic benefits.- The totals of the information corresponding to the basic benefits of individual life insurance plans will be reported.
Record 3:
Term life insurance.- The information corresponding to the basic benefits of individual life insurance plans that cover only the risk of death for a temporary period of n years will be reported.
Record 4:
Endowment insurance.- The information corresponding to the basic benefits of individual life insurance plans that cover the risk of death and provide payments for survival will be reported.
Record 5:
Pure endowment insurance.- The information corresponding to the basic benefits of individual life insurance plans in which the benefit consists of the payment of an amount in case of the insured's survival will be reported.
Record 6:
Other insurance.- Information corresponding to the basic benefits of individual life insurance plans that cannot be classified in the above items may be reported.
Record 7:
Additional benefits.- The totals of the information corresponding to the additional benefits of individual life insurance plans will be reported.
Record 8:
Accidental death.- The information corresponding to additional benefits of individual life insurance in which the granting of benefits in case of accidental death is provided will be reported.
Record 9:
Disability.- The information corresponding to additional benefits of individual life insurance in which the granting of benefits in case of the insured's disability is provided will be reported.
Record 10:
Other additional benefits.- Information corresponding to additional benefits of individual life insurance that cannot be classified in the above items must be reported.
Record 11:
Group life with employment relationship.- The totals of the information corresponding to the basic and additional benefits of group life insurance plans with an employment relationship between the insured and the policyholder will be reported.
Record 12:
Basic benefits.- The totals of the information corresponding to the basic benefits of group life insurance plans with employment relationship will be reported.
Record 13:
Term life insurance.- The information corresponding to the basic benefits of group life insurance plans with employment relationship that cover only the risk of death temporarily will be reported.
Record 14:
Endowment insurance.- The information corresponding to the basic benefits of group life insurance plans with employment relationship that cover the risk of death and provide payments for survival will be reported.
Record 15:
Pure endowment insurance.- The information corresponding to the basic benefits of group life insurance plans with employment relationship in which the benefit consists of the payment of an amount in case of the insured's survival will be reported.
Record 16:
Other insurance.- Information corresponding to the basic benefits of group life insurance plans with employment relationship that cannot be classified in the above items may be reported.
Record 17:
Additional benefits.- The totals of the information corresponding to the additional benefits of group life insurance plans with employment relationship will be reported.
Record 18:
Accidental death.- The information corresponding to additional benefits of group life insurance with employment relationship, in which the granting of benefits in case of accidental death is provided, will be reported.
Record 19:
Disability.- The information corresponding to additional benefits of group life insurance with employment relationship, in which the granting of benefits in case of the insured's disability is provided, will be reported.
Record 20:
Other additional benefits.- Information corresponding to additional benefits of group life insurance with employment relationship that cannot be classified in the above items must be reported.
Record 21:
Group life without employment relationship.- The totals of the information
corresponding to the basic and additional benefits of group life insurance plans
in which there is no labor relationship between the insured and the policyholder.
Record 22:
Basic Benefits.- The totals of the information corresponding to the
basic benefits of group life insurance plans without labor relationship will be reported.
Record 23:
Term Life Insurance.- The information corresponding to the basic
benefits of group life insurance plans without labor relationship that cover only the risk
of death temporarily will be reported.
Record 24:
Endowment Insurance.- The information corresponding to the basic
benefits of group life insurance plans without labor relationship that cover the risk of death and
provide for payments upon survival will be reported.
Record 25:
Pure Endowment Insurance.- The information corresponding to the basic
benefits of group life insurance plans without labor relationship in which the benefit
consists of the payment of an amount in case of survival of the insured will be reported.
Record 26:
Other Insurance.- Information corresponding to the basic
benefits of group life insurance plans without labor relationship that cannot be classified into
the above categories may be reported.
Record 27:
Additional Benefits.- The totals of the information corresponding to the
additional benefits of group life insurance plans without labor relationship will be reported.
Record 28:
Accidental Death.- The information corresponding to additional
benefits of group life insurance without labor relationship, in which the granting of
benefits in case of accidental death is provided, will be reported.
Record 29:
Disability.- The information corresponding to additional benefits of the
group life insurance without labor relationship, in which the granting of
benefits in case of disability of the insured is provided, will be reported.
Record 30:
Other Additional Benefits.- Information corresponding to
additional benefits of group life insurance without labor relationship that cannot be
classified into the above categories must be reported.
Record 31:
Total short-term life: The result of the sum of the values
corresponding to records 1, 11 and 21 will be reported.
In the case of reports containing the information of the branches or types of insurance of the
accident and health operation:
10 records must be reported, as follows:
Record 1:
Medical Expenses.- The totals of the information corresponding to the
insurance, individual and collective, of medical expenses will be reported.
Record 2:
Individual Medical Expenses: The information corresponding to the individual
insurance of medical expenses will be reported.
Record 3:
Collective Medical Expenses: The information corresponding to the collective
insurance of medical expenses will be reported.
Record 4:
Personal Accidents: The totals of the information corresponding to the
insurance, individual and collective, of personal accidents will be reported.
Record 5:
Individual Personal Accidents: The information corresponding to the
individual personal accident insurance will be reported.
Record 6:
Collective Personal Accidents: The information corresponding to the
collective personal accident insurance will be reported.
Record 7:
Health: The totals of the information corresponding to the individual and collective
health insurance will be reported.
Record 8:
Individual Health: The information corresponding to the individual
health insurance will be reported.
Record 9:
Collective Health: The information corresponding to the collective
health insurance will be reported.
Record 10:
Total accidents and health: The result of the sum of the values
corresponding to records 1, 4 and 7 will be reported.
In the case of reports containing the information of the branches of the damage operation:
12 records must be reported, as follows:
Record 1:
Civil Liability and Professional Risks: The information
corresponding to civil liability and professional risk insurance will be reported.
Record 2:
Marine and Transport: The information corresponding to the
marine and transport insurance will be reported.
Record 3:
Fire: The information corresponding to fire insurance will be reported.
Record 4:
Earthquake and other catastrophic risks: The information corresponding to
earthquake and other catastrophic risk insurance will be reported.
Record 5:
Agricultural and Animal: The information corresponding to the
agricultural and animal insurance will be reported.
Record 6:
Automobiles: The information corresponding to Automobile insurance will be reported.
Record 7:
Credit: The information corresponding to credit insurance will be reported.
Record 8:
Miscellaneous: The information corresponding to miscellaneous insurance will be reported.
Record 9:
Suretyship: The information corresponding to suretyship insurance will be reported.
Record 10:
Housing Credit: The information corresponding to
housing credit insurance will be reported.
Record 11:
Financial Guarantee: The information corresponding to
Financial Guarantee insurance will be reported.
Record 12:
Total Damage: The sum of the values corresponding to the records
above of the damage operation will be reported.
b) Report of " Reserve for Risks in Course of Long-Term Life Insurance " , Report Key 02.
For this report, long-term life insurance will be understood as those life insurance policies whose
term is greater than one year.
The report must contain 31 records, with the following information regarding the reserve for risks in course of long-term life insurance, coming from the total operation (direct and assumed), ceded and from the recoverable amounts, and disaggregated according to the types of insurance defined below.
Field 1:
Type of Insurance: Each record must report the type of insurance that corresponds, according to the definition presented below.
Field 2:
BEL-future obligations: The best estimate of the flows of future obligations associated with the reserve for risks in course must be reported, which must include the part of the risk covered, surrenders, acquisition costs, administrative expenses and
dividends.
Field 3:
Administrative Expenses (Provision for Expenses): The best estimate of future administrative expenses must be reported.
Field 4:
Risk Margin: The amount of the corresponding risk margin must be reported.
Field 5:
Amount of the reserve for risks in course: Refers to the amount of the reserve for risks in course, which incorporates the corresponding part of the BEL and the risk margin.
Field 6:
Amount of ceded premiums of policies in force: The amount of the premium issued ceded in proportional reinsurance will be indicated.
Field 7:
Reinsurance recoverables: The amount of the recoverable amounts of the ceded reinsurance must be reported, which has been obtained from the valuation, considering the probability of default.
In each record, the information reported in fields 2 to 7 must correspond to the type of insurance reported in field 1, as defined below:
Record 1:
Individual Life Insurance: The totals of the information corresponding to
the basic and additional benefits of individual life insurance plans will be reported.
Record 2:
Basic Benefits: The totals of the information corresponding to the
basic benefits of individual life insurance plans will be reported.
Record 3:
Traditional: The information corresponding to traditional individual life insurance plans (term, endowment, annuity, etc.) that are not classified as flexible type plans, investment plans, or private pension plans will be reported.
Record 4:
Flexible: The information corresponding to individual life insurance plans that are classified as flexible type or investment plans, based on the characteristics of premium payment, of the constitution of the reserve, according to what is registered in the technical note corresponding to each product.
Record 5:
Pensions: The information corresponding to private pension plans will be reported, according to what is established in article 27, fraction I, second paragraph of the LISF.
Record 6:
Other: The information corresponding to individual life insurance plans whose characteristics are special and differ or do not adjust to the characteristics described for the plans classified in the previous subsections will be reported.
Record 7:
Additional Benefits: The totals of the information corresponding to the
additional benefits of individual life insurance plans will be reported.
Record 8:
Accidental Death: The information corresponding to additional benefits of individual life insurance, in which the granting of benefits in
accidental death is provided, will be reported.
Record 9:
Disability: The information corresponding to additional benefits of the
individual life insurance, in which the granting of benefits in case of
disability of the insured is provided, will be reported.
Record 10:
Other additional benefits: Information corresponding to
additional benefits of individual life insurance that cannot be classified into the
above categories must be reported.
Record 11:
Group Life with Labor Relationship: The totals of the information corresponding to
the basic and additional benefits of group life insurance plans with labor
relationship between the insured and the policyholder will be reported.
Record 12:
Basic Benefits: The totals of the information corresponding to the
basic benefits of group life insurance plans with labor relationship will be reported.
Record 13:
Traditional: The information corresponding to basic benefits of
group life insurance plans with labor relationship (term, endowment, annuity, etc.),
that are not classified as flexible type plans or private pension plans will be reported.
Record 14:
Flexible: The information corresponding to basic benefits of group
life insurance plans with labor relationship, that are classified as flexible type plans,
based on the characteristics of premium payment, of the constitution of the
reserve, according to what is registered in the technical note corresponding to each product.
Record 15:
Pensions: The information corresponding to private pension plans will be reported,
according to what is established in article 27, fraction I, second paragraph of the LISF.
Record 16:
Other: The information corresponding to basic benefits of group
life insurance plans with labor relationship, whose characteristics are special and differ or do not adjust to
the characteristics described for the plans classified in the
previous subsections will be reported.
Record 17:
Additional Benefits: The totals of the information corresponding to the
additional benefits of group life insurance plans with labor relationship will be reported.
Record 18:
Accidental Death: The information corresponding to additional benefits
of group life insurance with labor relationship, in which the granting of
benefits in case of accidental death is provided, will be reported.
Record 19:
Disability: The information corresponding to additional benefits of the
group life insurance with labor relationship, in which the granting of
benefits in case of disability of the insured is provided, will be reported.
Record 20:
Other additional benefits: Information corresponding to
additional benefits of group life insurance with labor relationship that cannot be
classified into the above categories must be reported.
Record 21:
Group Life without Labor Relationship: The totals of the information
corresponding to the basic and additional benefits of group life insurance plans
of long-term without labor relationship will be reported.
Record 22:
Basic Benefits: The totals of the information corresponding to the
basic benefits of group life insurance plans without labor relationship will be reported.
Record 23:
Traditional: The information corresponding to basic benefits of
group life insurance plans without labor relationship (term, endowment, annuity, etc.),
that are not classified as flexible type plans or private pension plans will be reported.
Record 24:
Flexible: The information corresponding to basic benefits of group
life insurance plans without labor relationship, that are classified as flexible type plans
based on the characteristics of premium payment, of the constitution of the
reserve, according to what is registered in the technical note corresponding to each product.
Record 25:
Pensions: The information corresponding to private pension plans will be reported,
according to what is established in article 27, fraction I, second paragraph of the LISF.
Record 26:
Other: The information corresponding to basic benefits of group
life insurance plans without labor relationship, whose special characteristics differ from the
characteristics described for the plans classified in the previous subsections will be reported.
Record 27:
Additional Benefits: The totals of the information corresponding to the
additional benefits of group life insurance plans without labor relationship will be reported.
Record 28:
Accidental Death: The information corresponding to additional benefits
of group life insurance without labor relationship, in which the granting of
benefits in case of accidental death is provided, will be reported.
Record 29:
Disability: The information corresponding to additional benefits of the
group life insurance without labor relationship, in which the granting of
benefits in case of disability of the insured is provided, will be reported.
Record 30:
Other additional benefits: Information corresponding to
additional benefits of group life insurance without labor relationship that cannot be
classified into the above categories must be reported.
Record 31:
Total long-term life: The result of the sum of the values
corresponding to records 1, 11 and 21 will be reported.
c) Reports of " Reserve for Risks in Course of Assumed Reinsurance of Life Insurance " , " Reserve for
Risks in Course of Assumed Reinsurance of Accidents and Health " and " Reserve for Risks in Course
of
Assumed Reinsurance of Damage " , Report Keys 03, 06 and 09, respectively.
These reports must contain, for the assumed operation, the information regarding the reserve for risks in course of life, accident and health, and damage insurance, according to the fields that were defined in subsection a) for the direct operation, and disaggregated according to the types of insurance that correspond to each operation, which are shown below.
In the case of life insurance:
The report must contain 3 records.
Record 1:
Individual Life: The information corresponding to the basic and
additional benefits of individual life insurance plans of the assumed reinsurance will be reported.
Record 2:
Group Life: The information corresponding to the basic benefits and
additional benefits of group life insurance plans of the assumed reinsurance will be reported.
Record 3:
Total Life: The sum of each field will be reported, according to records 1 and 2.
In the case of insurance of the accident and health operation:
The information must be reported by each branch and type of insurance, so it must contain
10
records according to the list defined for report 05.
In the case of insurance of the damage operation:
The information must be reported by each branch, so it must contain 12 records, according to the
list defined for report 08.
d) Reports of " Reserve for Risks in Course of Life Insurance by Currency " , " Reserve for Risks in
Course of Accidents and Health by Currency " and " Reserve for Risks in Course of Damage by Currency " ,
Report Keys 04, 07 and 10, respectively.
In these reports, the Insurance Institution or Mutual Society must indicate the amount of the reserve for risks in course corresponding to the policies of direct insurance and assumed reinsurance that are in
force or in advance issuance, classifying them by currency and disaggregated according to the types of insurance that correspond to each operation, as indicated below.
Field 1:
Type of Insurance: Each record must report the branch or type of insurance that
corresponds to each operation as indicated for reports 03, 05 and 08
respectively.
Field 2:
Amount of the reserve for risks in course denominated in national currency: Refers to the amount of the reserve for risks in course of policies in force or in advance issuance, denominated in national currency.
Field 3:
Amount of the reserve for risks in course denominated in dollars: Refers to the amount
of the reserve for risks in course of policies in force or in advance issuance, denominated
in dollars.
Field 4:
Amount of the reserve for risks in course denominated in indexed units: Refers to the amount
of the reserve for risks in course of policies in force or in advance issuance, denominated in indexed units.
Field 5:
Total amount of the reserve for risks in course: Corresponds to the sum of the reserve for risks in course of policies in force or in advance issuance.
Field 6:
Recoverable amounts denominated in national currency: Must report the recoverable amounts of the ceded reinsurance of policies denominated in national currency.
Field 7:
Recoverable amounts denominated in dollars: Must report the recoverable amounts of the ceded reinsurance of policies denominated in dollars.
Field 8:
Recoverable amounts denominated in indexed units: Must report the recoverable amounts of the ceded reinsurance of policies denominated in
indexed units.
Field 9:
Total reinsurance recoverables: Corresponds to the sum of the recoverable amounts of reinsurance.
In each record, the information reported in fields 2 to 9 must correspond to the type of insurance reported in field 1, as defined below:
In the case of life insurance, the information must be reported by each type of insurance according to the list defined for report 03.
In the case of insurance of the Accident and Health operation, the information must be reported by each branch and type of insurance according to the list defined for report 05.
In the case of insurance of the damage operation, the information must be reported by each branch according to the list defined for report 08.
e)
Reserve for Risks in Course by Assumed Reinsurance.
This report must contain 5 records, which must be reported as follows:
1.- Records 1 to 4: The information of each of the suretyship branches will be reported.
2.- Record 5: The result of the sum of each field will be reported, in fields 2 to 4.
Below, each of the fields that must be reported is defined:
Field 1:
Branch: Each record must report the branch that corresponds. To this effect, it must adhere to the following catalog:
Record
Field 1
1
Fidelity Suretyship
2
Judicial Suretyship
3
Administrative Suretyship
4
Credit Suretyship
5
Total assumed reinsurance
Field 2:
Premium of the reserve
of the assumed reinsurance: Must correspond to the amount of the reserve premium of the policies in force of the assumed reinsurance. In the case of the policies of the fidelity branch and the judicial sub-branch that cover drivers of motor vehicles, it must report in this field what corresponds to the reserve premium not earned at the date of the report.
Field 3:
Annual administrative expenses of the assumed reinsurance: Must report the amount of annual administrative expense of the policies in force of the assumed reinsurance
. In the case of the policies of the fidelity branch and the judicial sub-branch that cover drivers of motor vehicles, it must report in this field what corresponds to the annual administrative expense not earned at the date of the report.
Field 4:
Reserve of suretyship in force of the assumed reinsurance: Refers to the amount of the reserve of suretyship in force of the assumed reinsurance, which incorporates the sum corresponding to the reserve premium of the assumed reinsurance and to the annual administrative expenses of the assumed reinsurance.
In each record, the information reported in fields 2 to 4 must correspond to what is reported
in field 1.
f) Report of major products
This report must contain 10 records, in each of which one of the ten most representative products in terms of volume of premium issued or reserve for risks in course must be indicated. Major products are understood as follows:
i)
In the case of long-term life insurance, products whose premium issued at the date of the report has represented to the Insurance Institution or Mutual Society an amount greater than 10%
of the total premium issued of the life operation (at the date of the report) and that in amount is greater than $50,000,000.00 (Fifty million pesos, N.M.), or whose reserve for risks in course at the close of the reporting quarter is greater than $50,000,000.00 (Fifty million pesos, N.M.).
ii)
If it is insurance other than long-term life, the products whose premium issued at the date of the report has represented to the Insurance Institution or Mutual Society an amount greater than 10% of the total premium issued of the operation that corresponds to (at the date of the report) and that in amount is greater than $50,000,000.00 (Fifty million pesos,
N.M.).
iii)
If it is package products (as defined in Provision 4.1.12 of this Circular) those whose premium issued at the date of the report must be reported, be greater than 10% of the total premium issued of the Insurance Institution or Mutual Society (at the date of the report) and in amount is greater than $50,000,000.00 (Fifty million pesos, N.M.).
The information that will integrate this report is defined below:
Field 1:
Product Name: Indicate the name of the product. This field does not refer to the
commercial name of the product, but to the technical name generally recognized, which corresponds to the technical characteristics of the product, such as " Term Insurance for n
years " , " Endowment Insurance for 10 years " , " Flexible Insurance " , " Universal Life Insurance " , " Unemployment Insurance " , " Machinery Breakdown Insurance " , " Hurricane Insurance " , " Disability Income Insurance " , " Hospitalization Income Insurance " .
Field 2:
Valid Registration Number(s): List, for each of the reported products, the registration number(s) before the Commission.
Field 3:
Insurance branch or type.- Indicate the insurance branch or type corresponding to the product.
In the case of bundle products, the branches or types of insurance to which each of the coverages comprising the product belongs shall be listed (Examples: Individual Life, Medical Expenses, Fire, Miscellaneous, Maritime and Transport, etc.).
Field 4:
Premium written.- The accumulated premium written from January 1 until the close of the relevant quarter shall be reported.
Field 5:
Outstanding risk reserve.- The balance of the outstanding risk reserve at the close of the corresponding quarter shall be reported.
Field 6:
Number of policies, certificates, or endorsements.- This is the number of policies, certificates, or endorsements in force at the close of the corresponding quarter.
In each record, the information reported in fields 2 through 6 must correspond to the name of the product reported in field 1.
g) Large Risks Report
This report shall contain 10 records, in each of which the following information shall be reported for the ten active property insurance businesses at the close of the reported quarter, whose volume of sum insured, in a single insured risk unit, exceeds USD 50,000,000.00 (Fifty million United States dollars). The objective of this report is to identify those risks that could represent a significant loss for the company in the event of a claim. In this sense, the insured risk unit to be reported shall refer only to those insured assets that, corresponding to a single item or building, have an insured value such that, in the event of damage from the covered risk, the amount of the insurer's obligation or liability could be equal to or greater than the indicated amount. Businesses consisting of insuring sets of assets composed of various properties or buildings whose combined insured value is equal to or greater than the indicated amount shall not be considered in this report, unless the Insurance Institution has information allowing it to know that a single unit constituting the set of insured units has a value that could cause it a loss equal to or greater than the stated amount.
Field 1:
Description of asset and covered risk.- The insured asset and the risk or risks against which coverage is provided shall be described.
Field 2:
Policyholder.- Name or corporate name of the policyholder.
Field 3:
Policy number.- Indicate the policy number.
Field 4:
Start of validity.- Corresponds to the start date of the policy's validity, in yyyymmdd format.
Field 5:
End of validity.-
Corresponds to the end date of the policy's validity, in yyyymmdd format.
Field 6:
Branch.- Indicate the branch corresponding to the policy. In the case of bundle products, the branches to which each of the coverages comprising the product belongs shall be listed (Examples: Fire, Miscellaneous, Maritime and Transport, etc.).
Field 7:
Premium written.- The premium written during the year, corresponding to the policy, shall be reported.
Field 8:
Outstanding risk reserve.- The balance of the outstanding risk reserve at the close of the corresponding quarter shall be reported.
Field 9:
Sum insured.- Total sum insured at risk for the insured asset.
Field 10:
Main reinsurers.- List the names of the main reinsurers of the policy in question.
In each record, the information reported in fields 2 through 10 must correspond to the risk described in field 1.
h) Microinsurance Report
This report shall contain 10 records, in each of which the information relative to life, accident, and disease or property insurance products that meet any of the following characteristics shall be reported:
a)
Products that have been registered as microinsurance with the Commission.
b)
Products that, although not registered as microinsurance with the Commission, have been designed by the Insurance Institution or Mutual Society with special characteristics, such as small sum insured amounts, simplified operational schemes, mass marketing channels, among others, and that have as their object offering insurance coverage exclusively to persons of low economic means.
Field 1:
Product registration number.- For products registered since July 16, 2002, the number assigned to the product in the Commission's Website module; for products whose technical note was registered prior to the aforementioned date, the registration number of the technical note or the number of the official letter issued by the Commission, through which the referenced technical note was authorized.
Field 2:
Covered risk.- Contingency whose possible damage or economic loss is covered by the microinsurance. As part of the risk description, the damage or economic loss covered may be mentioned. (Examples: material damage from hurricane, indemnity for death by accident, medical expenses for serious illnesses, theft in home, daily indemnity for unemployment). For products covering more than one risk, whether covered as basic or additional benefits, or if the risks must be registered in different branches or sub-branches, a row or line shall be used for each covered risk whenever possible.
Field 3:
Type of coverage.- The key "B" shall be assigned to basic coverages and the key "A" to additional coverages, using a row or line for each coverage.
Field 4:
Number of policies, certificates, or endorsements issued during the year.- The number of policies, certificates, or endorsements issued by the close of the reported quarter shall be reported, even if they are not in force at the end of the same. For additional benefits of life operations, the number of policies or certificates that have contracted the additional benefit shall be reported whenever possible, even if the policy or certificate has already been accounted for in the basic coverage.
Field 5:
Sum insured.- The amount of sum insured contracted for policies, certificates, or endorsements issued during the year in question, up to the close of the reported quarter, shall be reported, even if they are not in force at the end of the same.
Field 6:
Premium written.- The premium written for policies, certificates, or endorsements issued during the year and up to the close of the reported quarter, corresponding to each basic or additional coverage, or covered risk, shall be reported.
Field 7:
Acquisition expense amount.- The amount of acquisition expenses contained in the premiums written at the close of the reported quarter shall be reported.
Field 8:
Administrative expense amount.- The amount of administrative expenses contained in the premiums written at the close of the reported quarter shall be reported.
Field 9:
Profit margin amount.- The amount of the profit margin contained in the premiums written at the close of the reported quarter shall be reported.
Field 10:
Number of policies, certificates, or endorsements in force.- The number of policies, certificates, or endorsements in force at the close of the relevant quarter shall be reported (even if their validity did not begin in that year, as may be the case with long-term life policies or multi-year insurance).
Field 11:
Sum insured in force.- The amount of sum insured contracted for policies, certificates, or endorsements in force at the close of the relevant quarter shall be reported.
Field 12:
Premiums written in force.- The premium written for policies, certificates, or endorsements in force at the close of the relevant quarter shall be reported (even if the premium was not written in that year, as may be the case with long-term life policies or multi-year insurance).
Field 13:
Number of claims.- The number of claims received by the close of the reported quarter shall be reported, regardless of the status of the claim on the reporting date.
Field 14:
Claim amount.- The amount of claims received by the close of the relevant quarter shall be reported, whether reporting the amount claimed by the insured/policyholder/beneficiary or the amount estimated by the Insurance Institution or Mutual Society (including adjustments).
Field 15:
Number of paid claims.- The number of claims paid by the close of the relevant quarter shall be reported, regardless of the date of claim registration, and without counting as a paid claim, supplements to initial payments.
Field 16:
Amount of paid claims.- The amount of paid claims by the close of the relevant quarter shall be reported, integrated by the sum of initial and supplementary claim concepts, regardless of the date of claim registration.
In each record, the information reported in fields 2 through 16 must correspond to the product reported in field 1.
i) Agricultural and Animal Insurance Report
This report shall contain 34 records, which shall be reported as follows:
1.-
Records 1 to 32: Information shall be reported by federal entity, corresponding to both direct insurance and reinsurance taken, which must include information on agricultural and rural insurance funds.
2.-
Record 33: Information corresponding to direct insurance from abroad shall be reported.
3.-
Record 34: The result of the sum of each field, in fields 2 through 11, shall be reported, while in field 12, the total amount of excess of loss coverages contracted by the Insurance Institution or Mutual Society to cover the risk of agricultural and animal insurance shall be reported.
Below, each of the fields to be reported is defined:
Field 1:
Entity.- The federal entity shall be reported, or it shall be indicated if the information corresponds to abroad. Additionally, a record with the total sum of each concept shall be added as part of the concepts of this field. To this effect, the following catalog shall be adhered to:
Field 1 Information
Record
Entity
Record
Entity
1
Aguascalientes
18
Nayarit
2
Baja California
19
Nuevo León
3
Baja California Sur
20
Oaxaca
4
Campeche
21
Puebla
5
Chiapas
22
Querétaro
6
Chihuahua
23
Quintana Roo
7
Coahuila
24
San Luis Potosí
8
Colima
25
Sinaloa
9
Distrito Federal
26
Sonora
10
Durango
27
Tabasco
11
Guanajuato
28
Tamaulipas
12
Guerrero
29
Tlaxcala
13
Hidalgo
30
Veracruz
14
Jalisco
31
Yucatán
15
Estado de México
32
Zacatecas
16
Michoacán
33
Extranjero
17
Morelos
34
Total
Field 2:
Premium written.- The premium written at the close of the reported quarter shall be reported.
Field 3:
Premium retained.- The premium retained at the close of the reported quarter shall be reported.
Field 4:
Sum insured.- The amount of sum insured for policies issued at the close of the reported quarter shall be reported.
Field 5:
Claims occurred.- The amount of claims received at the close of the reported quarter shall be reported.
Field 6:
Claims retained.- The amount of claims received retained at the close of the reported quarter shall be reported.
Field 7:
Premium written for reinsurance taken.- The premium written at the close of the reported quarter shall be reported.
Field 8:
Premium retained for reinsurance taken.- The premium retained at the close of the reported quarter shall be reported.
Field 9.-
Sum insured for reinsurance taken: The amount of sum insured for policies issued at the close of the reported quarter shall be reported.
Field 10:
Claims occurred for reinsurance taken.- The amount of claims received at the close of the reported quarter shall be reported.
Field 11:
Claims retained for reinsurance taken.- The amount of claims received retained at the close of the reported quarter shall be reported.
Field 12:
Amount of excess of loss reinsurance coverages.- The amount of excess of loss coverages contracted by the company to cover the risk of agricultural and animal insurance, which are in force at the close of the reported quarter, shall be reported. This amount shall be entered in the record corresponding to the total information. This information is recorded exclusively for record 34.
In each record, the information reported in fields 2 through 11 must correspond to what was reported in field 1.
j) Insurance with Savings Component Report
This report shall contain 2 records, in each of which the following information shall be reported for life insurance with a savings or investment component, distinguishing between individual and group insurance.
Insurance with pure savings or investment components are those that generate a savings fund through the formation of a reserve in which premiums, dividends, or interest are accumulated or capitalized and which, contractually, belong to the insured. Such insurance, regardless of the commercial name they receive, may include some of the following: pure endowment insurance, short-term endowment insurance, flexible insurance, investment life insurance, deferred annuities, retirement or separation insurance that are in the accumulation period, etc.
Field 1:
Type of insurance.- The type of insurance to which the information refers shall be reported according to the following:
Record
Type of insurance
1
Individual
2
Group
Field 2:
Number of insured in force.- The number of insured, whose policy or certificate is in force at the close of the relevant quarter, shall be reported.
Field 3:
Premium written.- The premium written at the close of the relevant quarter shall be reported.
Field 4:
Outstanding risk reserve.- The balance of the outstanding risk reserve at the close of the corresponding quarter.
In each record, the information reported in fields 2 through 4 must correspond to the type of insurance reported in field 1.
k) Credit-Linked Insurance Report
This report shall contain 6 records, in each of which the following information shall be reported for credit-linked insurance, understood as those whose object is to cover debtor balances for credits against eventualities such as the death, disability, or unemployment of the debtor, total loss of the asset, among others, and whose preferential beneficiary before the Insurance Institution or Mutual Society is the grantor of the credit or creditor.
Field 1:
Operation.- The insurance operation to which the information refers shall be reported according to the following:
Operation
Life
Property
Field 2:
Type of credit.- For each operation, in this field the type of credit to which the information refers shall be reported according to the following:
Type of credit
For automobiles
Mortgage
Others*
*Others: This category may include, by way of example, credits for the acquisition of durable consumer goods or revolving credits.
According to the definition, fields 1 and 2 shall present the following content for each of the 6 records comprising this report:
Record
Field 1
Field 2
1
Life
For automobiles
2
Life
Mortgage
3
Life
Others*
4
Property
For automobiles
5
Property
Mortgage
6
Property
Others*
Field 3:
Number of insured in force.- The number of insured, whose policy or certificate is in force at the close of the relevant quarter, shall be reported.
Field 4:
Premium written.- The premium written at the close of the relevant quarter shall be reported.
Field 5:
Outstanding risk reserve.- The balance of the outstanding risk reserve at the close of the corresponding quarter.
In each record, the information reported in fields 3 through 5 must correspond to what was reported in fields 1 and 2.
l)
Standardized Basic Products
This report shall contain 6 records, in each of which the following information relative to standardized basic products shall be reported:
Field 1:
Insurance branch or type.- The insurance branch or type to which the standardized basic product corresponds shall be reported. To this effect, the following catalog shall be adhered to:
Record
Field 1
1
Life
2
Personal Accident
3
Medical Expenses
4
Health
5
Dental Health
6
Civil Liability
Field 2:
Number of insured during the year.- The number of insured who have been insured since January 1, at the close of the relevant quarter, whether or not the respective policies or endorsements are in force, shall be reported.
Field 3:
Number of insured in force.- The number of insured who are in force at the close of the relevant quarter shall be reported.
Field 4:
Premium written.- The premium written at the close of the relevant quarter shall be reported.
Field 5:
Outstanding risk reserve.- The balance of the outstanding risk reserve at the close of the corresponding quarter.
In each record, the information reported in fields 2 through 5 must correspond to what was reported in field 1.
m)
Mandatory Vehicle Civil Liability Insurance
The following information relative to mandatory vehicle civil liability insurance shall be reported:
This report shall consist of 34 records, which shall contain information relative to mandatory vehicle civil liability insurance, and which shall be reported as follows:
1.-
Records 1 to 32: Information shall be reported according to the federal entity where the insured resides.
2.-
Record 33: Information whose federal entity of the insured's residence cannot be identified shall be reported.
3.-
Record 34: The result of the sum of the previous 33 records, for fields 2 through 7, shall be reported.
Below, each of the fields to be reported is defined:
Field 1:
Entity.- The federal entity where the insured resides shall be reported, or it shall be indicated if the information corresponds to an unidentified federal entity. Additionally, a record with the total sum of each concept shall be added as part of the concepts of this field. To this effect, the following catalog shall be adhered to:
Field 1 Information
Record
Entity
Record
Entity
1
Aguascalientes
18
Nayarit
2
Baja California
19
Nuevo León
3
Baja California Sur
20
Oaxaca
4
Campeche
21
Puebla
5
Chiapas
22
Querétaro
6
Chihuahua
23
Quintana Roo
7
Coahuila
24
San Luis Potosí
8
Colima
25
Sinaloa
9
Distrito Federal
26
Sonora
10
Durango
27
Tabasco
11
Guanajuato
28
Tamaulipas
12
Guerrero
29
Tlaxcala
13
Hidalgo
30
Veracruz
14
Jalisco
31
Yucatán
15
Estado de México
32
Zacatecas
16
Michoacán
33
Unidentified State
17
Morelos
34
Total
Field 2:
Number of insured during the year.- The number of insured who have been insured since January 1, at the close of the relevant quarter, whether or not the respective policies or endorsements are in force, shall be reported.
Field 3:
Number of insured in force.- The number of insured who are in force at the close of the relevant quarter shall be reported.
Field 4:
Premium written.- The premium written for policies or endorsements issued at the close of the reported quarter shall be reported.
Field 5:
Premium retained.- The premium retained at the close of the reported quarter shall be reported.
Field 6:
Sum insured.- The amount of sum insured for policies in force at the close of the reported quarter shall be reported.
Field 7:
Claim amount for the year.- The amount of claims received, since January 1, at the close of the relevant quarter, shall be reported.
In each record, the information reported in fields 2 through 7 must correspond to what was reported in field 1.
n)
Earthquake Insurance
The following information relative to earthquake insurance shall be reported:
This report shall consist of 34 records, which shall contain information relative to earthquake insurance, and which shall be reported as follows:
Records 1 to 32:
Information shall be reported according to the federal entity where the insured asset is located.
Record 33:
Information whose federal entity cannot be identified shall be reported.
Record 34:
The result of the sum of the previous 33 records, for fields 2 through 7, shall be reported.
Below, each of the fields to be reported is defined:
Field 1:
Federal Entity.- The federal entity where the insured asset is located shall be reported, or it shall be indicated if the information corresponds to an unidentified federal entity. Additionally, a record with the total sum of each concept shall be added as part of the concepts of this field. To this effect, the following catalog shall be adhered to:
Field 1 Information
Record
Federal Entity
Record
Federal Entity
1
Aguascalientes
18
Nayarit
2
Baja California
19
Nuevo León
3
Baja California Sur
20
Oaxaca
4
Campeche
21
Puebla
5
Chiapas
22
Querétaro
6
Chihuahua
23
Quintana Roo
7
Coahuila
24
San Luis Potosí
8
Colima
25
Sinaloa
9
Distrito Federal
26
Sonora
10
Durango
27
Tabasco
11
Guanajuato
28
Tamaulipas
12
Guerrero
29
Tlaxcala
13
Hidalgo
30
Veracruz
14
Jalisco
31
Yucatán
15
Estado de México
32
Zacatecas
16
Michoacán
33
Unidentified State
17
Morelos
34
Total
Field 2:
Number of policies, certificates, or endorsements during the year.- The number of policies, certificates, or endorsements that have been insured since January 1, at the close of the relevant quarter, whether or not the respective policies or endorsements are in force, shall be reported.
Field 3:
Number of policies, certificates, or endorsements in force.- The number of policies, certificates, or endorsements in force at the close of the relevant quarter shall be reported.
Field 4:
Premium written.- The premium written for policies, certificates, or endorsements issued at the close of the reported quarter shall be reported.
Field 5:
Premium retained.- The premium retained at the close of the reported quarter shall be reported.
Field 6:
Sum insured.- The amount of sum insured for policies, certificates, or endorsements in force at the close of the reported quarter shall be reported.
Field 7:
Claim amount for the year.- The amount of claims received, since January 1, at the close of the relevant quarter, shall be reported.
In each record, the information reported in fields 2 through 7 must correspond to what was reported in field 1.
o)
Hurricane and Other Hydrometeorological Risks Insurance
The following information regarding hurricane and other hydrometeorological risks insurance shall be reported:
This report must consist of 34 records, which must contain information regarding hurricane and other hydrometeorological risks insurance, and which must be reported as follows:
Records 1 to 32:
Information shall be reported according to the federal entity where the insured object is located.
Record 33:
Information shall be reported for which the federal entity cannot be identified.
Record 34:
The result of the sum of the previous 33 records shall be reported, for fields 2 to 7.
Below, each of the fields that must be reported is defined:
Field 1:
Federal Entity.- The federal entity where the insured object is located shall be reported, or it shall be indicated if the information corresponds to an unidentified federal entity. Likewise, it must add, as part of the concepts of this field, a record with the total sum of each concept. To this effect, it must adhere to the following catalog:
Information of Field 1
| Record | Federal Entity | Record | Federal Entity |
|---|---|---|---|
| 1 | Aguascalientes | 18 | Nayarit |
| 2 | Baja California | 19 | Nuevo León |
| 3 | Baja California Sur | 20 | Oaxaca |
| 4 | Campeche | 21 | Puebla |
| 5 | Chiapas | 22 | Querétaro |
| 6 | Chihuahua | 23 | Quintana Roo |
| 7 | Coahuila | 24 | San Luis Potosí |
| 8 | Colima | 25 | Sinaloa |
| 9 | Distrito Federal | 26 | Sonora |
| 10 | Durango | 27 | Tabasco |
| 11 | Guanajuato | 28 | Tamaulipas |
| 12 | Guerrero | 29 | Tlaxcala |
| 13 | Hidalgo | 30 | Veracruz |
| 14 | Jalisco | 31 | Yucatán |
| 15 | Estado de México | 32 | Zacatecas |
| 16 | Michoacán | 33 | Undefined State |
| 17 | Morelos | 34 | Total |
Field 2:
Number of policies, certificates, or endorsements in the year.- The number of policies, certificates, or endorsements that have been insured since January 1, until the close of the quarter in question, shall be reported, whether the respective policies or endorsements are in force or not.
Field 3:
Number of policies, certificates, or endorsements in force.- The number of policies, certificates, or endorsements that are in force at the close of the quarter in question shall be reported.
Field 4:
Issued Premium.- The issued premium of the policies, certificates, or endorsements that have been issued at the close of the quarter being reported shall be reported.
Field 5:
Retained Premium.- The retained premium at the close of the quarter being reported shall be reported.
Field 6:
Insured Amount.- The amount of the insured sums of the policies, certificates, or endorsements in force at the close of the quarter being reported shall be reported.
Field 7:
Amount of claims in the year.- The amount of claims received, since January 1, until the close of the quarter in question, shall be reported.
In each record, the information reported in fields 2 to 7 must correspond to what is reported in field 1.
p) Mass Insurance Report
This report must contain 6 records, in each of which the following information regarding mass sale insurance shall be reported, understood as those defined in Chapter 4.9 of this Circular.
Field 1:
Line/type of insurance.- The line or type of insurance to which the information refers shall be reported according to the following:
| Record | Field 1 |
|---|---|
| 1 | Individual Life |
| 2 | Personal Accidents |
| 3 | Medical Expenses |
| 4 | Automobiles |
| 5 | Miscellaneous |
| 6 | Other |
Field 2:
Number of insured persons in the year.- The number of insured persons who have been insured since January 1, until the close of the quarter in question, shall be reported, whether the respective policies or endorsements are in force or not.
Field 3:
Number of insured persons in force.- The number of insured persons of policies that are in force at the close of the quarter in question shall be reported.
Field 4:
Valid Registration Number(s).- List, for each of the plans or products reported, the registration number(s) before the Commission.
Field 5:
Issued Premium.- The issued premium at the close of the quarter in question shall be reported.
Field 6:
Unearned Risk Reserve.- The balance of the unearned risk reserve at the close of the corresponding quarter.
In each record, the information reported in fields 2 to 6 must correspond to what is reported in field 1.
q) Responsible Parties Report
This report must contain 6 records, in each of which the following information regarding the official of the Insurance Institution or Mutual Society responsible for the valuation of the unearned risk reserve, as well as the actuaries who certify such valuations, for each of the operations, shall be reported. The delivery of this report is mandatory.
Field 1:
Responsible Party.- It shall be reported for each record whether the requested information corresponds to the responsible official of the technical area or to the certifying actuary, according to the following:
| Record | Field 1 |
|---|---|
| 1 | Responsible official of the technical area |
| 2 | Certifying actuary 1 |
| 3 | Certifying actuary 2 |
| 4 | Certifying actuary 3 |
| 5 | Certifying actuary 4 |
| 6 | Certifying actuary 5 |
Field 2:
Name.- The name of the official or certifying actuary shall be reported.
Field 3:
Position.- The position of the official or certifying actuary shall be reported.
Field 4:
Phone(s).- The phone number(s) of contact of the official or certifying actuary shall be reported.
Field 5:
Email.- The email of the official or certifying actuary shall be reported.
Field 6:
Insurance Operation or Line Certified.- It shall be indicated, in the case of the certifying actuary(ies), the operation in which the unearned risk reserve is being certified.
In each record, the information reported in fields 2 to 6 must correspond to what is reported in field 1.
1.2.- The Excel format file corresponding to the summary of the valuation of the unearned risk reserve
The text files of the valuation of the unearned risk reserve referred to in the immediate preceding numeral must be generated using the Excel format file corresponding to the summary of the valuation of the unearned risk reserve, which will be available, as well as its respective user manual, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3RRCCVRES.xls".
The Excel format file corresponding to the summary of the valuation of the unearned risk reserve, containing the information reported in accordance with what is defined in the immediate preceding numeral, must be sent as part of the RR3RRCCV product, for which it must be renamed according to the following:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
"RR3RRCCVRES".
b)
In the twelfth position, the company type key must be written.
| Key | Definition |
|---|---|
| H | Insurance Institutions authorized to operate health insurance. |
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the seventeenth to the twentieth positions, the year must be written.
f)
In the twenty-first and twenty-second positions, the month being reported must be written.
g)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: "S" Company Number: "0009" Day: "30" Month: June ("06") Year: 2013
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | C | V | R | E | S | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 3 | 0 | 6 | 3 |
.XLS
1.3.- Document or documents of certification corresponding to the valuation of the unearned risk reserve signed by the actuaries responsible for it
For each operation carried out by the Insurance Institution or Mutual Society (life, damage and accidents and diseases), a certification letter in PDF format, corresponding to the valuation of the unearned risk reserve, signed by the actuary or actuaries responsible.
The PDF format files for each operation must contain the name and electronic signature of the actuary or licensed actuary responsible for the valuation, professional license number, number of the valid certification issued by the professional college of the specialty or the accreditation of the Commission required for the preparation and signing of the technical reserve valuation, in compliance with what is established in article 226 of the LISF.
The name of each magnetic file in PDF format must be integrated by 26 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file(s) must be written:
"RR3RRCCVCER"
b)
In the twelfth and thirteenth positions, the key corresponding to the operation being certified must be written:
| Operation Key | Description |
|---|---|
| 01 | Life |
| 02 | Accidents and diseases |
| 03 | Damage |
c)
In the fourteenth position, the company type key must be written.
| Key | Definition |
|---|---|
| H | Insurance Institutions authorized to operate health insurance. |
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Certification document of the operation of: damage ("03"). Company Key: "S" Company Number: "0009" Day: "30" Month: June ("06") Year: 2013
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | C | V | C | E | R | 0 | 3 | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 3 | 0 | 6 | 3 |
2.- The RR3RRCVT product, which must contain the Excel format file corresponding to the result in the valuation of the long-term unearned risk reserve due to variations in the interest rate, in accordance with what is indicated below:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
The first eight positions will correspond to the specific identifier of the product:
"RR3RRCVT".
c)
In the ninth position, the company type key must be written:
| Key | Definition |
|---|---|
| S | Other Insurance Institutions and Mutual Societies. |
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: "S" Company Number: "0009" Day: ("30") Month: June ("06") Year: 2013
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | V | T | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 3 | 0 | 6 | 3 |
.ZIP .PGP
The Excel format file corresponding to the result in the valuation of the long-term unearned risk reserve due to variations in the interest rate
The Excel format file corresponding to the result in the valuation of the long-term unearned risk reserve due to variations in the interest rate will be available, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3RRCVT.xls". For its sending, this file must be renamed according to the following:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
"RR3RRCVTFMT".
b)
In the twelfth position, the company type key must be written.
| Key | Definition |
|---|---|
| S | Other Insurance Institutions and Mutual Societies. |
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: "S" Company Number: "0009" Day: "30" Month: June ("06") Year: 2013
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | V | T | F | M | T | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 3 | 0 | 6 | 3 |
.XLS
The Excel format corresponding to the result in the valuation of the long-term unearned risk reserve due to variations in the interest rate must be filled out considering the following:
Direct and assumed business.- The information regarding the result of the valuation of the reserve of long-term life insurance of direct and assumed business, carried out with the corresponding interest rate, shall be reported.
Reinsurance recoverable amounts.- The information regarding the recoverable amounts corresponding to the result of the valuation of the reserve of long-term life insurance of direct and assumed business, carried out with the corresponding interest rate, shall be reported.
Term life insurance.- The information corresponding to life insurance that covers only the risk of death temporarily shall be reported.
Endowment insurance.- The information corresponding to life insurance plans that cover the risk of death and provide payments for survival shall be reported.
Ordinary life insurance.- The information regarding life insurance in which both the coverage of the risk of death and the payment of the corresponding premiums is carried out for life shall be reported.
Limited payment life insurance.- The information corresponding to life insurance that covers the risk of death for life, but the payment of premiums is temporary, shall be reported.
Result of the reserve valuation with agreed technical rate.- The information corresponding to the result of the valuation of the reserve of long-term life insurance, carried out with the technical rate used for the original calculation, shall be reported.
Result of the reserve valuation with market interest rate.- The information corresponding to the result of the valuation of the reserve of long-term life insurance, carried out with the market interest rate, shall be reported.
National currency.- The information regarding the result of the valuation of the reserve of long-term life insurance, carried out with the corresponding interest rate, for policies denominated in national currency, shall be reported.
Dollars.- The information regarding the result of the valuation of the reserve of long-term life insurance, carried out with the corresponding interest rate, for policies denominated in dollars, shall be reported.
Indexed.- The information regarding the result of the valuation of the reserve of long-term life insurance, carried out with the corresponding interest rate, for policies denominated in indexed units, shall be reported.
Information with annual delivery periodicity
In addition to the information delivered with quarterly periodicity, annually the information of the results of the valuation of the unearned risk reserve of each line or type of insurance must be delivered, which will consist of the following:
1.- The RR3RRCBD product will contain the following:
a)
Text files of the databases with the detail of the policy-by-policy valuation of the unearned risk reserve.
b)
A Word file containing the catalog of keys of special monetary units reported in the text files of the detail databases of the valuation.
c)
A Word file containing the catalog in which the keys and characteristics used to classify the insurance plans, reported in the text files of the detail databases of the valuation, are indicated.
d)
Text files of the databases with the detail of the information of the reinsurance recoverable amounts.
The information indicated in items a), b), c) and d) will be indicated in numerales 1.1, 1.2, 1.3 and 1.4, respectively, as follows:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
"RR3RRCBD"
c)
In the ninth position, the company type key must be written:
| Key | Definition |
|---|---|
| H | Insurance Institutions authorized to operate health insurance. |
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the day of the month being reported must be indicated.
Example:
Company Key: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2013
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | B | D | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 3 | 1 | 2 | 3 |
.ZIP .PGP
1.1.- Text files of the databases with the detail of the policy-by-policy valuation of the unearned risk reserve
Up to 29 reports in text file format with the detail of the policy-by-policy valuation, whose names must be integrated by 23 alphanumeric characters, that must be ordered as follows:
a)
In the first eight positions, the specific identifier of the files must be written:
"RR3RRCBD"
b)
In the ninth and tenth positions, the report key must be written.
| Report Key | Description |
|---|---|
| 01 | Individual life short-term insurance |
| 02 | Individual life long-term insurance |
| 03 | Individual life flexible insurance |
| 04 | Individual life pension insurance |
| 05 | Group life short-term insurance |
| 06 | Group life long-term insurance |
| 07 | Group life flexible insurance |
| 08 | Group life pension insurance |
| 09 | Personal accidents insurance line |
| 10 | Medical expenses insurance line |
| 11 | Health insurance line |
| 12 | Fire insurance line |
| 13 | Automobile insurance line |
| 14 | Miscellaneous insurance line |
| 15 | Agricultural and animal insurance line |
| 16 | Maritime and transport insurance line |
| 17 | Civil liability insurance line |
| 18 | Earthquake and/or volcanic eruption insurance |
| 19 | Hurricane and/or other hydrometeorological risks insurance |
| 20 | Credit insurance line |
| 21 | Housing credit insurance line |
| 22 | Financial guarantee insurance line |
| 23 | Fidelity sureties |
| 24 | Judicial sureties |
| 25 | Administrative sureties |
| 26 | Credit sureties |
| 27 | Short-term collective life insurance |
| 28 | Long-term collective life insurance |
| 29 | Caution sureties insurance line |
c)
In the eleventh position, the company type key must be written.
| Key | Definition |
|---|---|
| H | Insurance Institutions authorized to operate health insurance. |
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d)
From the twelfth to the fifteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the sixteenth to the nineteenth positions, the year must be written.
f)
In the twentieth and twenty-first positions, the month being reported must be written.
g)
In the twenty-second and twenty-third positions, the last day of the month being reported must be written.
Example:
Report ("01") Company Key: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2015
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Extension | R | R | 3 | R | R | C | B | D | 0 | 1 | S | 0 | 0 | 0 | 9 | 2 | 0 | 1 | 5 | 1 | 2 | 3 |
.TXT
The structure, order, identifiers, field length and other details of the databases will be as follows:
a)
The databases must contain the information ordered in matrix arrays, in which the columns correspond to the fields described below and the rows to the records of each of the policies, certificates or endorsements that make up the reserve valuation. The fields will be delimited from each other by the "|" sign, known as "pipe".
| No. | Name | Type | Size |
|---|---|---|---|
| 1 | Operation | Alphanumeric | 2 |
| 2 | Line, sub-line or type of insurance/surety | Alphanumeric | 2 |
| 3 | Policy Number | Alphanumeric | 30 |
| 4 | Certificate, endorsement or movement (movement) | Alphanumeric | 30 |
| 5 | Start date of validity | Numeric | 8 |
| 6 | End date of validity | Numeric | 8 |
| 7 | Gross issued premium | Numeric | 15 |
| 8 | Gross risk premium | Numeric | 15 |
| 9 | Gross unearned risk premium | Numeric | 15 |
| 10 | Acquisition cost | Numeric | 15 |
| 11 | Administration expenses | Numeric | 15 |
| 12 | Profit margin | Numeric | 15 |
| 13 | Product registration number |
Alphanumeric
30
14
Currency or monetary unit
Alphanumeric
15
15
Insurance plan identifier
Alphanumeric
15
16
Retained issued premium
Numeric
15
17
Reinsurance recoverable amounts
Numeric
15
18
Multi-year policy identifier
Alphanumeric
2
19
Basic or additional benefit identifier
Alphanumeric
2
20
Insured's age at contracting
Numeric
2
21
Gross sum insured
Numeric
15
22
Premium payment term
Numeric
5
23
Plan temporality
Numeric
5
24
Insured's sex
Alphanumeric
1
25
Settled and extended policy identifier
Alphanumeric
3
26
Traditional life plan identifier
Alphanumeric
3
27
BEL-Risk
Numeric
15
28
Future premiums
Numeric
15
29
BEL-Expenses
Numeric
15
30
Risk margin
Numeric
15
31
Other future costs
Numeric
15
32
M.O. Reserve
Numeric
15
33
M.N. Reserve
Numeric
15
b)
When a field is not applicable to a record, the column for that field must be left
empty, maintaining, however, the corresponding pipes.
c)
The amounts indicated in each of the fields that make up the databases must be
expressed in the original currency or monetary unit in which the policy was
subscribed, except with respect to the field named M.N. Reserve, in which the amount
must always be expressed in national currency, for which, if applicable, the corresponding
exchange rate at year-end shall be used.
d)
The database in question shall not include additional information on policies, certificates,
clauses or endorsements that are expired or cancelled at the time of valuation,
regardless of whether such information is maintained within the internal controls of the
Insurance Institution or Mutual Society respectively.
e)
The parameters for settled and extended policies shall be those that those Insurance
Institutions and Mutual Societies have used for the valuation of their reserve for
risks in force at the time of the report, omitting the value of the parameters of the
original plan from which they originate.
f)
The quantities reported in the databases must be expressed without decimals,
except, where applicable, with respect to the plan temporality and the term for the
payment of premiums.
g)
The fields referred to in the preceding subsection a) shall be filled in accordance with the following
definitions:
Field 1:
Operation.- Refers to whether the policy, certificate, clause or endorsement corresponds to
the direct operation, taken or reinsurance. In the first case, the text " DI " shall be captured,
in the second, " TO ", and in the third case " RF ".
Field 2:
Branch, sub-branch or type of insurance/surety.- In this field, the corresponding key
shall be indicated, according to the following table:
Branch, sub-branch or type of insurance/surety
Key
Individual Life
VI
Group Life*
VG
Personal Accidents
AP
Medical Expenses
GM
Health
SA
Civil Liability and Professional Risks
RC
Maritime and Transport
MT
Fire
IN
Agricultural and Animal
AA
Automobiles
AU
Credit
CR
Surety
CA
Housing Credit
CV
Financial Guarantee
GF
Earthquake and Volcanic Eruption
TE
Hurricane and other hydrometeorological nature
HH
Various
DV
First Risk Fidelity Sureties**
FP
Other Fidelity Sureties
FO
Judicial Sureties covering drivers of motor vehicles
JA
Other Judicial Sureties
JO
Administrative Sureties
FA
Credit Sureties
FC
- Also classified as group insurance, those that at the close of 2009 were classified as collective, prior to the entry into force of the Group Insurance Regulation, for the Life Operation and the Collective Insurance for the Accident and Disease Operation, published in the Official Journal of the Federation on July 20, 2009.
** These are sureties whose secured amount subscribed is determined as the expected amount of claims.
Field 3:
Policy Number.- The assigned policy number shall be indicated, in accordance with the internal control criteria of the Insurance Institution or Mutual Society. In the case of reinsurance or taken reinsurance operations, this concept shall correspond to the policy number or contract of reinsurance or taken reinsurance.
Field 4:
Certificate, clause or endorsement (movement).- In cases where there are, in addition to the policy, certificates, clauses or endorsements, that consider premiums, terms and coverages different from the main policy and for which a specific valuation of their reserve has been made, the Insurance Institution or Mutual Society in question shall, in accordance with its own criteria, establish a control number to serve to identify the information relative to said certificates, clauses or endorsements.
Field 5:
Start of Validity Date.- The start of validity date of the policy, certificate, clause or endorsement corresponding to each record shall be indicated. In the case of reinsurance or taken reinsurance operations, this concept shall correspond to the start of validity date of the policy or contract of reinsurance or taken reinsurance. The date must be in a string of 8 digits, indicating in the first two positions the day; in the third and fourth, the month; and from the fifth to the eighth, the year, padding with zeros to the left in the case of months and days that do not occupy the two positions assigned.
Field 6:
End of Validity Date.- The date on which the validity of the policy, certificate, clause or endorsement corresponding to each record shall end shall be indicated. In the case of reinsurance or taken reinsurance operations, this concept shall correspond to the end of validity date of the policy or contract of reinsurance or taken reinsurance. The date must be in a string of 8 digits, indicating in the first two positions the day; in the third and fourth, the month; and from the fifth to the eighth, the year, padding with zeros to the left in the case of months and days that do not occupy the two positions assigned.
Field 7:
Gross Issued Premium.- The gross amount of the issued premium used for the valuation of the reserve, of the policy, certificate, clause or endorsement in question, excluding taxes or policy fees, shall be indicated.
Field 8:
Gross Risk Premium.- The amount of the risk premium of the policy, certificate, clause or endorsement in question shall be identified, without deducting the portion of reinsurance ceded.
Field 9:
Gross Unearned Risk Premium.- The amount of the unearned risk premium of the policy, certificate, clause or endorsement in question shall be identified, without deducting the portion of reinsurance ceded. This value shall correspond to the value of the gross risk premium multiplied by the corresponding earning factor for the portion of the validity period not yet elapsed.
Field 10:
Acquisition Cost.- It shall be the acquisition cost amount of the policy, certificate, clause or endorsement in question. In the case of long-term life insurance, the acquisition cost must be the levelled acquisition cost.
Field 11:
Administrative Expenses.- The amount of administrative expense applied for the calculation of the reserve of the policy, certificate, class or endorsement in question shall be identified. In the case of long-term life insurance, the administrative expense must be the annual levelled expense, used for the valuation of the reserve.
Field 12:
Profit Margin.- The amount corresponding to the profit margin applied for the calculation of the reserve of the policy, certificate, clause or endorsement in question shall be identified.
Field 13:
Product Registration Number.- The product registration number obtained before this Commission, corresponding to the policy, certificate, class or endorsement, shall be indicated. In the case of insurance plans that, under the applicable regulations, do not require registration, " Exempt " shall be indicated.
Field 14:
Currency or Monetary Unit.- The currency or monetary unit in which the value of the benefit or risk covered by the product corresponding to the policy, certificate, clause or endorsement in question is defined or indexed shall be indicated. The indication must be made with a 4-character text string, in accordance with what is indicated in the following table:
Currency or Monetary Unit
Text String
National Currency
MNAC
Dollars
DOLA
Indexed
INDX
Special Monetary Unit
*In the case of plans denominated in special monetary units such as USAG, UVAC, SMDF, etc., a key identifying the type of special monetary unit shall be indicated through a catalog in a Word file, which shall be prepared by the Institution itself, in which the keys used and the description of the monetary unit corresponding to each key are indicated.
The Word file containing the aforementioned catalog shall be sent as part of the RR3RRCBD package.
Field 15:
Insurance Plan Identifier.- For each policy, certificate, clause or endorsement, a key shall be indicated that those Insurance Institutions and Mutual Societies will freely define, through which they will specifically identify the type of plan in question, in accordance with their control and classification criteria. For this purpose, those Insurance Institutions and Mutual Societies must design a catalog in which they indicate the keys used and the characteristics of the insurance plans corresponding to each key. The catalog must be sent in a Word file, as part of the RR3RRCBD package.
Field 16:
Retained Issued Premium.- The amount of the issued premium of the policy, certificate, clause or endorsement in question, excluding taxes or policy fees, less the portion of premium that has been ceded in proportional reinsurance, shall be indicated.
Field 17:
Reinsurance Recoverable Amounts.- The amount of the reinsurance recoverable amounts, determined in accordance with the applicable regulations and with which the corresponding asset item has been integrated, shall be identified.
Field 18:
Multi-year Policy Identifier.- It shall be indicated whether the policy, certificate, clause or endorsement corresponds to a multi-year policy. This indication must be made with a text string " MA ".
Field 19:
Basic or Additional Benefit Identifier.- It shall be indicated, in the type of insurance plans that apply, whether it is a basic benefit or an additional benefit. In the case of basic benefits, the field shall be denoted as " BB " and in the case that it is an additional benefit, the field shall be denoted as " BA ", understanding that one benefit must be reported in each record.
Field 20:
Insured's Age at Contracting.- In long-term life insurance, it shall indicate the age of the insured that was used for the underwriting of the policy or certificate.
Field 21:
Gross Sum Insured.- In long-term life insurance, it shall indicate the amount of the gross sum insured with which the reserve was valued. In the case of plans that, due to their characteristics, have a variable sum insured, the sum insured reached at the time of valuation shall be indicated. In the case of annuities or other types of periodic indemnities, it shall be indicated as sum insured the amount of the periodic indemnity reached at the time of valuation.
Field 22:
Premium Payment Term.- It shall be indicated, where applicable, the premium payment term contracted with the insured. In the case of long-term plans contracted with a single premium, the premium payment term shall be indicated as " 1 ". In the case of fractions of a year, it shall be indicated to 2 decimal places.
Field 23:
Plan Temporality.- It shall be indicated, for insurance with temporality greater than one year, the number of years that will comprise the validity term of the insurance plan in question. In the case of fractions of a year, it shall be indicated to 2 decimal places.
Field 24:
Insured's Sex.- It shall be indicated, where applicable, the sex of the insured, in the policy or insurance certificate in question. The sex shall be indicated in a 1-character text string, indicating " H " if male, or " M ", if female.
Field 25:
Settled and Extended Policy Identifier.- It shall be indicated, where applicable, whether it is a settled or extended policy. The indication must be made with a 3-character text string, indicating " PRO " if the policy is extended, or " SAL " if it is settled. Regardless of this identifier, settled or extended plans must be classified into one of the traditional life insurance plans indicated in the following numeral.
Field 26:
Traditional Life Plan Identifier.- It shall be indicated, in the case of the basic benefits of life insurance, whether it is one of the traditional life insurance plans indicated below:
Plan Type
Text String
Whole Life
VIT
Term
TEM
Endowment
DOT
Other
OTR
Field 27:
BEL-Risk.- In the case of short-term insurance, it shall be the amount of the risk component of the best estimate of the reserve for risks in force. In the case of long-term insurance, it must correspond to the best estimate of all future cash flows of the Insurance Institution or Mutual Society.
Field 28:
Future Premiums.- In the case of short-term insurance, it shall report the future premiums that are not considered in the premium debtor recorded by the Insurance Institution or Mutual Society.
Field 29:
BEL-Expenses.- In the case of short-term insurance, it shall be the amount of the expense component of the best estimate of the reserve for risks in force.
Field 30:
Risk Margin.- In the case of short-term insurance, it shall be the amount of the risk margin corresponding to the reserve for risks in force. This concept is only mandatory to report at the policy level, when the institution has registered that form of risk margin calculation, as part of its reserve methodology.
Field 31:
Other Future Costs.- In the case of short-term insurance, it shall report other future costs that must be part of the reserve for risks in force.
Field 32:
M.O. Reserve.- In the case of short-term insurance, the gross amount of the reserve for risks in force of the policy, certificate, clause or endorsement shall be indicated, determined in accordance with the valuation criteria provided for in the applicable regulations, in units of its original currency or monetary unit in which the plan is contracted.
Field 33:
M.N. Reserve.- In the case of short-term insurance, the gross amount of the reserve for risks in force of the policy, certificate, clause or endorsement shall be indicated, determined in accordance with the valuation criteria provided for in the applicable regulations, translated into national currency.
1.2.- Word file containing the catalog of keys for special monetary units reported in the text files of the databases of the detail of the valuation
A Word file, in free format, in which, for the case of plans denominated in special monetary units such as USAG, UVAC, SMDF, etc., the keys used and the description of the monetary unit corresponding to each are indicated. The keys reported in this file must correspond to the keys used in Field 14: " Currency or Monetary Unit ", of the text files of the databases of detail of the valuation policy by policy of the reserve for risks in force.
The name of the Word file must be integrated by 26 alphanumeric characters that must be ordered as follows:
a)
In the first eight positions, the specific identifier of the files shall be written: " RR3RRCBD "
b)
From the ninth to the thirteenth positions, the key corresponding to the Word file shall be written: " MONED ".
c)
In the fourteenth position, the key of the type of company shall be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question shall be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year shall be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported shall be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported shall be written.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: " 31 "
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
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R
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B
D
M
O
N
E
D
S
0
0
0
9
2
0
1
3
1
2
3
1
.DOC
1.3.- Word file containing the catalog of keys and characteristics used to classify the insurance plans reported in the text files of the databases of the detail of the valuation
A Word file, in free format, in which the keys used and the characteristics of the insurance plans corresponding to each key are indicated, through which they specifically identify the types of plans in question, in accordance with their control and classification criteria. The keys reported in this file must correspond to the keys used in Field 15: " Insurance Plan Identifier ", of the text files of the databases of detail of the valuation policy by policy of the reserve for risks in force.
The name of the Word file must be integrated by 26 alphanumeric characters that must be ordered as follows:
a)
In the first eight positions, the specific identifier of the files shall be written: " RR3RRCBD "
b)
From the ninth to the thirteenth positions, the key corresponding to the Word file shall be written: " IPLAN ".
c)
In the fourteenth position, the key of the type of company shall be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question shall be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year shall be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported shall be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported shall be written.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: " 31 "
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
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3
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B
D
I
P
L
A
N
S
0
0
0
9
2
0
1
3
1
2
3
1
.DOC
1.4.- Text files of the databases with the detail of the information on the amounts recoverable from reinsurance
Up to 29 reports in text file format with the detail of the information on the amounts recoverable from reinsurance, corresponding to the reserve for risks in force, whose names must be integrated by 25 alphanumeric characters, which must be ordered as follows:
a)
In the first ten positions, the specific identifier of the files shall be written: " RR3RRCBDIR "
b)
In the eleventh and twelfth positions, the key of the report shall be written.
Report Key
Description
01
Individual Life short-term insurance
02
Individual Life long-term insurance
03
Individual Life flexible insurance
04
Individual Life pension insurance
05
Group Life short-term insurance
06
Group Life long-term insurance
07
Group Life flexible insurance
08
Group Life pension insurance
09
Personal Accidents branch insurance
10
Medical Expenses branch insurance
11
Health branch insurance
12
Fire branch insurance
13
Automobiles branch insurance
14
Various branch insurance
15
Agricultural and Animal branch insurance
16
Maritime and Transport branch insurance
17
Civil Liability branch insurance
18
Earthquake and/or volcanic eruption insurance
19
Hurricane and/or other hydrometeorological risks insurance
20
Credit branch insurance
21
Housing Credit branch insurance
22
Financial Guarantee branch insurance
23
Fidelity Sureties
24
Judicial Sureties
25
Administrative Sureties
26
Credit Sureties
27
Collective Life short-term insurance
28
Collective Life long-term insurance
29
Surety branch insurance
c)
In the thirteenth position, the key of the type of company shall be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fourteenth to the seventeenth positions, the number assigned to the Insurance Institution or Mutual Society in question shall be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the eighteenth to the twenty-first positions, the year shall be written.
f)
In the twenty-second and twenty-third positions, the month being reported shall be written.
g)
In the twenty-fourth and twenty-fifth positions, the last day of the month being reported shall be written.
Example:
Report ( " 01 " )
Company Key: " S "
Company Number: " 0009 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2015
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Extension
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3
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B
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0
1
S
0
0
0
9
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1
5
1
2
3
1
.TXT
The structure, order, identifiers, field length and other details of the databases shall be as follows:
a)
The databases must contain the information ordered in matrix arrays, in which the columns correspond to the fields described below and the rows to the records of each of the policies, certificates or endorsements that make up the reserve valuation. The fields will be delimited from each other by the " | " sign, known as " pipe ".
No.
Name
Type
Size
1
Direct or Taken Operation
Alphanumeric
2
2
Line, sub-line or type of insurance/suretyship
Alphanumeric
2
3
Policy number
Alphanumeric
30
4
Certificate, clause or endorsement (movement)
Alphanumeric
30
5
Multi-year policy identifier
Alphanumeric
2
6
Reinsurer number
Alphanumeric
15
7
Risk BEL participation
Numeric
15
8
Probability of default
Numeric
6 decimals
9
Recoverable amount O.C.
Numeric
15
10
Recoverable amount N.C.
Numeric
15
b)
When a field is not applicable to a record, the column for said field must be left empty, maintaining, notwithstanding the foregoing, the corresponding pipes.
c)
The amounts indicated in each of the fields that make up the databases must be expressed in the original currency or monetary unit in which the policy was subscribed, except with respect to the field named Recoverable amount N.C., in which the amount must always be expressed in national currency, for which, if applicable, the corresponding exchange rate at year-end will be used.
d)
The database in question must contain only information on policies in force and, if applicable, on policies issued in advance at the time of valuation, so it must not include information on policies, endorsements or certificates that are expired or cancelled at the time of such valuation, regardless of whether such information is maintained within the controls of the respective Insurance Institution or Mutual Insurance Society.
e)
The amounts reported in the database in question, except for those corresponding to Probability of default, must be expressed without decimals.
f)
The fields referred to in the preceding subsection a) must be filled in accordance with the following definitions:
Field 1:
Direct or taken operation.- Refers to whether the policy, certificate, clause or endorsement corresponds to a direct operation, taken operation or suretyship taken. In the first case, the text "DI" will be captured, in the second, "TO", and in the third case "RF".
Field 2:
Line, sub-line or type of insurance/suretyship.- In this field, the corresponding key will be indicated, according to the following table:
Line, sub-line or type of insurance/suretyship
Key
Individual Life
VI
Group Life*
VG
Personal Accidents
AP
Medical Expenses
GM
Health
SA
Civil Liability and Professional Risks
RC
Maritime and Transport
MT
Fire
IN
Agricultural and Animals
AA
Automobiles
AU
Credit
CR
Suretyship
CA
Housing Credit
CV
Financial Guarantee
GF
Earthquake and Volcanic Eruption
TE
Hurricane and Other Hydrometeorological Nature
HH
Various
DV
First Risk Fidelity Suretyships**
FP
Other Fidelity Suretyships
FO
Judicial Suretyships Covering Drivers of Motor Vehicles
JA
Other Judicial Suretyships
JO
Administrative Suretyships
FA
Credit Suretyships
FC
- Also classified as group insurance, those that at the close of 2009 were classified as collective, prior to the entry into force of the Regulation on Group Insurance for the Life Operation and Collective Insurance for the Accidents and Diseases Operation, published in the Official Journal of the Federation on July 20, 2009.
** Those are suretyships whose secured amount subscribed is determined as the expected amount of claims.
Field 3:
Policy number.- The policy number assigned according to the internal control criteria of the Insurance Institution or Mutual Society must be indicated. In the case of reinsurance or suretyship taken operations, this concept will correspond to the policy number or contract of reinsurance or suretyship taken.
Field 4:
Certificate, clause or endorsement (movement).- In cases where certificates, clauses or endorsements exist in addition to the policy, which consider premiums, terms and coverages different from the main policy and for which a specific valuation of their reserve has been carried out, the Insurance Institution or Mutual Society in question must, in accordance with its own criteria, establish a control number that serves to identify the information related to said certificates, clauses or endorsements.
Field 5:
Multi-year policy identifier.- It will be indicated whether the policy, certificate, clause or endorsement corresponds to a multi-year policy. This indication must be made with the text string "MA".
Field 6:
Reinsurer number.- The key of the reinsurer, assigned by the Ministry of Finance and Public Credit in the General Register of Authorized Foreign Reinsurers to Take Reinsurance and Suretyship in the Country, must be indicated. In the case where the reinsurer covering the risk is not registered, "NO REGISTRADA" will be captured in this field.
Field 7:
Risk BEL participation.- In the case of short-term insurance, the quantity resulting from multiplying the proportion of risk ceded by the risk component of the best estimate of the corresponding policy, certificate or endorsement will be recorded. In the case of long-term insurance, it must correspond to the amount of recoverable reinsurance amounts, relative to the best estimate of all future flows of the Insurance Institution or Mutual Society.
Field 8:
Probability of default.- The probability of default will be that corresponding to the Insurance Institution or foreign reinsuring entity, based on the rating that said entity has, in accordance with what is stated in fractions V and VIII of Provision 8.20.2 of Chapter 8.20 of these provisions.
Field 9:
Recoverable amount O.C.- In the case of short-term insurance, the amount of recoverable reinsurance amounts in original currency will be identified, determined in accordance with applicable regulations and with which the corresponding asset item has been integrated.
Field 10:
Recoverable amount N.C.- In the case of short-term insurance, the amount of recoverable reinsurance amounts in national currency will be identified, determined in accordance with applicable regulations and with which the corresponding asset item has been integrated.
2.- The product RR3RRCDT will contain the following:
a)
Explanatory documents of the methodological detail of the valuation of the reserve for risks in force, in PDF format.
b)
Text files containing the information on premiums and losses of the reserve for risks in force.
c)
The Excel format file corresponding to the information on premiums and losses of the reserve for risks in force.
d)
Files with the explanatory documents of the procedure and results corresponding to the retrospective test (back-testing test) of the reserve for risks in force, in PDF format.
The information indicated in the preceding subsections a), b), c) and d) will be indicated in items 2.1, 2.2, 2.3 and 2.4, respectively, as follows:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated from 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
"RR3RRCDT"
c)
In the ninth position, the key of the type of company must be written:
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the day of the month being reported must be indicated.
Example:
Company Key: "S"
Company Number: "0009"
Day: ("31")
Month: December ("12")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
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S
0
0
0
9
2
0
1
3
1
2
3
1
.ZIP
.PGP
2.1.- Explanatory documents of the methodological detail of the valuation of the reserve for risks in force
For each operation carried out by the Insurance Institution or Mutual Society in question, an explanatory document, in free text, of the development, hypotheses and results of the application of the valuation methods, by means of which the reserve for risks in force of each line or type of insurance was determined.
The explanatory document referred to in the preceding paragraph will be sent in PDF format and its name must be integrated from 26 alphanumeric characters, ordered as follows:
a)
In the first eleven positions, the specific identifier of the file in PDF format must be written: "RR3RRCDTDES"
b)
In the twelfth and thirteenth positions, the operation key must be written.
Operation Key
Description
01
Life
02
Accidents and Diseases
03
Damages
c)
In the fourteenth position, the key of the type of company must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
From the twenty-third to the twenty-fourth positions, the month being reported must be written.
g)
From the twenty-fifth to the twenty-sixth positions, the last day of the month being reported must be written.
Example:
Detail corresponding to the damages operation ("03").
Company Key: "S"
Company Number: "0009"
Day: ("31")
Month: December ("12")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
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3
R
R
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T
D
E
S
0
3
S
0
0
0
9
2
0
1
3
1
2
3
1
2.2.- Text files containing the information on premiums and losses of the reserve for risks in force
A report in text file format, of the information on premiums and losses of each line or type of insurance, whose name must be integrated from 24 alphanumeric characters, which must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3RRCDTTPS".
b)
In the twelfth position, the key of the type of company must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the seventeenth to the twentieth positions, the year must be written.
f)
In the twenty-first and twenty-second positions, the month being reported must be written.
g)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: "S"
Company Number: "0009"
Day: ("31")
Month: December ("12")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
R
R
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D
T
T
P
S
S
0
0
0
9
2
0
1
3
1
2
3
1
.TXT
The description of the fields of the report is as follows:
Field 1:
Line or type of insurance.- The line or type of insurance to which the information on premiums and losses refers must be reported according to the following:
Line or type of insurance
Long-term non-endowment life insurance
Long-term endowment life insurance
Flexible life insurance
Short-term life insurance
Personal accident insurance
Medical expense insurance
Health insurance
Civil liability line insurance
Maritime and transport line insurance
Fire line insurance
Agricultural and animals line insurance
Automobile line insurance
Credit line insurance
Suretyship line insurance
Earthquake and volcanic eruption insurance
Hydrometeorological risk insurance
Housing credit line insurance
Financial guarantee line insurance
Various line insurance
Field 2:
Origin year.- The information on premiums and losses will correspond to the last 8 calendar years; in this sense, for each line or type of insurance, in this Field, the following values must be captured in consecutive lines:
Content
n-7
n-6
n-5
n-4
n-3
n-2
n-1
n
Where the value of n corresponds to the value of the most recent year being reported.
Example:
for the coverages of Agricultural and Animals, and Automobiles, the content of fields 1 and 2 that must be reported at the close of the 2015 exercise must be:
Field 1
Field 2
...
...
Agricultural and animals line insurance
2008
Agricultural and animals line insurance
2009
Agricultural and animals line insurance
2010
Agricultural and animals line insurance
2011
Agricultural and animals line insurance
2012
Agricultural and animals line insurance
2013
Agricultural and animals line insurance
2014
Agricultural and animals line insurance
2015
Automobile line insurance
2008
Automobile line insurance
2009
Automobile line insurance
2010
Automobile line insurance
2011
Automobile line insurance
2012
Automobile line insurance
2013
Automobile line insurance
2014
Automobile line insurance
2015
...
...
Field 3:
Issued premium.- The issued premium corresponding to the line or type of insurance, and origin year reported in fields 1 and 2 of said record must be captured in each record; understood by issued premium and origin year what is established in Annex 5.3.2 of this Circular.
Fields 4
to 11:
Development periods of 0 to 7 of the gross amount of losses, dividends, surrenders, adjustments, adjustment expenses, salvages and third-party recoveries.-
In fields 4 to 11 of each record, the gross amount of losses, dividends, surrenders, adjustments, adjustment expenses, salvages and third-party recoveries (except reinsurance) of the respective line or type of insurance must be reported, classified by origin year and development year, using for this purpose the classification criteria established in fraction I of Annex 5.3.2 of this Circular and considering that, the line or type of insurance corresponds to the value reported in field 1 and the origin year corresponds to the value reported in field 2 of each record. Likewise, to report the referred information, it must be considered that each field corresponds to a development year as follows:
Field
4
5
6
7
8
9
10
11
Development Year
0
1
2
3
4
5
6
7
Field 12:
Retained premium.- The retained premium corresponding to the line or type of insurance, and origin year reported in fields 1 and 2 of said record must be captured in each record.
Fields 13
to 20:
Development periods of 0 to 7 of the retained amount of losses, dividends, surrenders, adjustments, adjustment expenses, salvages and third-party recoveries.-
In fields 13 to 20 of each record, the retained amount of losses, dividends, surrenders, adjustments, adjustment expenses, salvages and third-party recoveries (except reinsurance) of the respective line or type of insurance must be reported, classified by origin year and development year, using for this purpose the classification criteria established in fraction I of Annex 5.3.2 of this Circular and considering that, the line or type of insurance corresponds to the value reported in field 1 and the origin year corresponds to the value reported in field 2 of each record. Likewise, to report the referred information, it must be considered that each field corresponds to a development year as follows:
Field
13
14
15
16
17
18
19
20
Development Year
0
1
2
3
4
5
6
7
2.3.- The Excel format file corresponding to the information on premiums and losses of the reserve for risks in force
The text files containing the information on premiums and losses of the reserve for risks in force referred to in the immediate preceding item 2.2, must be generated using for this purpose the Excel format file corresponding to the information on premiums and losses of the reserve for risks in force, which will be available, as well as its respective user manual, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3RRCDTTPS.xls".
The Excel format file corresponding to the information on premiums and losses of the reserve for risks in force, containing the information reported in accordance with what is defined in the immediate preceding item 2.2, must be sent as part of the product RR3RRCDT, for which, it must be renamed as follows:
The name must be integrated from 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3RRCDTTPS".
b)
In the twelfth position, the key of the type of company must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the seventeenth to the twentieth positions, the year must be written.
f)
In the twenty-first and twenty-second positions, the month being reported must be written.
g)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: "S"
Company Number: "0009"
Day: "31"
Month: December ("12")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
R
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D
T
T
P
S
S
0
0
0
9
2
0
1
3
1
2
3
1
.XLS
2.4- Files with the explanatory documents of the procedure and results corresponding to the retrospective test (back-testing test) of the reserve for risks in force
For each operation carried out by the Insurance Institution or Mutual Society in question, an explanatory document of the procedure and results corresponding to the retrospective test (back-testing test) must be presented, by means of which the adequate functioning of the actuarial methods with which the valuation of the reserve for risks in force was determined was verified.
The document referred to in the preceding paragraph will be sent in PDF format and its name must be integrated from 26 alphanumeric characters, ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3RRCDTPRE"
b)
In the twelfth and thirteenth positions, the operation key must be written.
Operation Key
Description
01
Life
02
Accidents and Diseases
03
Damages
c)
In the fourteenth position, the key of the type of company must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Retrospective test report for the reserve for risks in force of the damages operation ("03")
Company Key: "S"
Company Number: "0009"
Day: ("31")
Month: December ("12")
Year: 2013
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II.- Reserve for obligations pending to fulfill
Information with quarterly delivery periodicity
The valuation of the reserve for obligations pending to fulfill of life, damage and accidents and diseases insurance, with quarterly delivery periodicity will consist of the following:
The product RR3OPCCV, which will contain the text files of the valuation of the reserve for obligations pending to fulfill, the Excel format file corresponding to the summary of the valuation of the reserve for obligations pending to fulfill and the document or documents of certification corresponding to the valuation of the reserve for obligations pending to fulfill signed by the actuaries responsible for the same, referred to in subsections 1, 2 and 3 immediate following, in accordance with what is indicated below:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated from 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
"RR3OPCCV".
c)
In the ninth position, the key of the type of company must be written:
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Institutions Authorized to Operate Home Credit Insurance.
Other Insurance Institutions and Mutual Societies.
d) From the tenth to the thirteenth positions, the number assigned to the respective Insurance Institution or Mutual Insurance Society must be written. This number must be preceded by zeros to occupy the four positions.
e) From the fourteenth to the seventeenth positions, the year must be written.
f) In the eighteenth and nineteenth positions, the month being reported must be written.
g) In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
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.ZIP
.PGP
1.- Valuation of the reserve for pending obligations
From 2 to 13 reports in text file format, of the results of the valuation of each line or type of insurance, whose name must be integrated from 26 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3OPCCVRES " .
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Description
01
Reserve for pending obligations of the life operation
02
Recoverable reinsurance amounts of the life operation
03
Reserve for pending obligations of the reinsurance taken from the
life operation
04
Recoverable reinsurance amounts corresponding to the taken from the life operation
(Retrocession)
05
Reserve for pending obligations of the accident and
sickness operation
06
Recoverable reinsurance amounts of the accident and sickness operation
07
Reserve for pending obligations of the reinsurance taken from the
accident and sickness operation
08
Recoverable reinsurance amounts corresponding to the taken from the accident and sickness operation
(Retrocession)
09
Reserve for pending obligations of the property operation
10
Recoverable reinsurance amounts of the property operation
11
Reserve for pending obligations of the reinsurance taken from the
property operation
12
Recoverable reinsurance amounts corresponding to the taken from the property operation
(Retrocession)
13
Responsible parties
c)
In the fourteenth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate
financial guarantee insurance.
V
Insurance Institutions authorized to operate home credit
insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the
Insurance Institution or Mutual Insurance Society in question must be written. This number must be preceded by
zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month
being
reported must be written.
Example:
Report: " 01 "
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
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Extension
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.TXT
Each of the reports of the results of the valuation of the reserve for pending obligations
will contain the fields described below for each of them, which must be reported in a matrix array where each listed field must be delimited by the character known as pipe ( " | " ) to the left and right of each field, except for the first and the last of these, in which case, they must only be delimited by pipes to the right and left, respectively, and each record will correspond to the detail of the information by line or type of insurance, according to each operation.
The number of fields and records will be fixed and will depend on each report, therefore, when a field
is not applicable in a certain report, it must be left empty.
The figures in all reports must be reported in national currency at the exchange rate that
corresponds to the currency or monetary unit in question, on the valuation date. For such purposes, the value of the exchange rate of the index or currency in question, published in the Official Gazette of the Federation on the valuation date, must be used.
a)
Reports of " Reserve for pending obligations of the life operation " ,
" Reserve for pending obligations of the reinsurance taken from the life operation " , " Reserve for pending obligations of the accident and
sickness operation " , " Reserve for pending obligations of the reinsurance taken from the
accident and sickness operation " , " Reserve for pending obligations
of the property operation " and " Reserve for pending obligations of the reinsurance
taken from the property operation " .
These reports must contain information regarding the reserve for pending obligations of
the life, accident and sickness, and property operations, coming from the direct and taken operations, which is defined below and disaggregated according to the lines or types of
insurance corresponding to each operation.
Regarding the reports " Reserve for pending obligations of the life operation " ,
" Reserve for pending obligations of the accident and sickness operation "
and
" Reserve for pending obligations of the property operation " , the information that must
be reported in fields 2 to 13, must be total (direct and taken).
Field 1:
Line or type of insurance.- It must report, in each record, the name of the line or type of
insurance corresponding, as indicated in the definition of records that follows the
present definition of fields.
Example for the format corresponding to the
Reserve for pending obligations
of the life operation.
Field 1, in record 1, must contain the text:
Individual Life
Example for the format corresponding to the Reserve for pending obligations
of the accident and sickness operation.
Field 1, in record 6, must contain the text:
Collective
Example for the format corresponding to the Reserve for pending obligations
of the property operation.
Field 1, in record 5, must contain the text:
Automobiles
Field 2:
For reported claims of known amount.- It refers to the reserve constituted for
pending obligations for reported claims whose amount of the obligation
is known at the time of valuation and does not require its balance to be determined
through an actuarial valuation.
Field 3:
Other known amount obligations, except dividends .- It refers to the reserve
constituted for other known amount obligations, except for the concept of
dividends, whose amount of the obligation is known at the time of valuation and does not
require its balance to be determined through an actuarial valuation.
Field 4:
Future obligations payable in installments: It refers to the reserve constituted by
future obligations payable in installments which will correspond to the estimated amount of the present value of future payment flows, discounted using risk-free market interest rate curves for each currency or monetary unit.
Field 5:
Total pending obligations for claims and other known amount obligations
except dividends.- It refers to the total pending obligations
for claims and other known amount obligations, except dividends, (sum of fields 2, 3 and 4).
Field 6:
BEL- IBNR and GAAS.- It refers to the best estimate of future obligations for
pending obligations for claims that, having already occurred on the valuation date,
have not yet been reported or have not been completely reported, as well as
their adjustment, salvage, and recovery expenses.
Field 7:
Risk margin for IBNR and GAAS.- It must report the amount of risk margin
obtained from the valuation of the IBNR reserve.
Field 8:
IBNR and GAAS Reserve.- It refers to the amount of the reserve, which incorporates the part
corresponding to the BEL of future obligations for claims occurred and not reported,
for the adjustment expenses assigned to the claims and the risk margin (sum of fields 6 and 7).
Field 9:
Dividends of known amounts.- It refers to the reserve constituted for obligations
pending fulfillment for the concept of dividends that constitute certain obligations or
due.
Field 10:
Contingent dividends.- It refers to the reserve constituted for
obligations
pending fulfillment for the concept of dividends that do not yet constitute
certain or due obligations, but which are estimated to be paid in the future due to the profit-sharing obligations
provided for in insurance contracts, derived from the favorable behavior
of risks, returns, or expenses of the Insurance Institution or Mutual
Society during the earned period of validity of the policies in force.
Field 11:
Total dividends.- Corresponds to the sum of the reserves for dividends of known amounts and contingent (sum of fields 9 and 10).
Field 12:
Pending obligations for administration of payments and benefits
due.- It refers to the reserve for pending obligations
corresponding to the administration of the sums that by concept of dividends,
endowments, annuities, or other indemnifications are entrusted by the insured or their beneficiaries
to the Insurance Institutions or Mutual Societies.
Field 13:
Amount of the PBO reserve.- It refers to the sum of the amounts of the reserves for
pending obligations, indicated in fields 5, 8, 11, and 12.
In each record, the information reported in fields 2 to 13 must correspond to the line or type
of insurance reported in field 1.
This information must be reported by line or type of insurance, as defined below:
In the case of reports containing the information of the types of insurance of the life operation
15 records must be reported, as follows.
Record 1:
Individual Life: The totals of the information corresponding to the
basic and additional benefits of individual life insurance plans will be reported in the
records
2: Basic Benefits and 7: Additional Benefits .
Record 2:
Basic Benefits: The totals of the information corresponding to the
basic benefits of individual life insurance plans will be reported.
Record 3:
Traditional: The information corresponding to the basic benefits of
individual life insurance plans (term, endowment, whole life, etc.) that are not
classified as flexible plans or private pension plans will be reported.
Record 4:
Flexible: The information corresponding to the basic benefits of individual
life insurance plans, which are classified as flexible plans based on the
characteristics of premium payment, of the constitution of the reserve, according to what is
registered in the technical note corresponding to each product.
Record 5:
Pensions: The information corresponding to the basic benefits of
individual private pension plans will be reported, as established in article 27,
fraction I, second paragraph of the LISF.
Record 6:
Others: The information corresponding to basic benefits of individual
life insurance plans, whose special characteristics differ from the characteristics described for the plans classified in the previous subsections, will be reported.
Record 7:
Additional Benefits: The totals of the information corresponding to the
additional benefits of individual life insurance plans will be reported.
Record 8:
Group Life: The totals of the information corresponding to the benefits
basic and additional of group life insurance plans will be reported.
Record 9:
Basic Benefits: The totals of the information corresponding to the
basic benefits of group life insurance plans will be reported.
Record 10:
Traditional: The information corresponding to basic benefits of
group life insurance plans (term, endowment, whole life, etc.) that are not
classified as flexible plans or private pension plans will be reported.
Record 11:
Flexible: The information corresponding to basic benefits of group
life insurance plans, which are classified as flexible plans based on the
characteristics of premium payment, of the constitution of the reserve, according to what is
registered in the technical note corresponding to each product.
Record 12:
Pensions: The information corresponding to basic benefits of group
private pension plans will be reported, as established in article 27, fraction
I, second paragraph of the LISF.
Record 13:
Others: The information corresponding to basic benefits of group
life insurance plans, whose special characteristics differ from the characteristics described for the plans classified in the previous subsections, will be reported.
Record 14:
Additional Benefits: The totals of the information corresponding to the
additional benefits of group life insurance plans will be reported.
Record 15:
Total Life: For fields 2 to 13, the result of the sum of the values
corresponding to records 1 and 8 will be reported.
In the case of reports containing the information of the lines of the accident
and sickness operation:
10 records must be reported, as follows:
Record 1:
Personal Accident: The totals of the information corresponding to the
insurance, individual and collective, of personal accident insurance will be reported.
Record 2:
Individual: The information corresponding to individual insurance of
personal accident insurance will be reported.
Record 3:
Collective: The information corresponding to collective insurance of
personal accident insurance will be reported.
Record 4:
Medical Expenses: The totals of the information corresponding to the
insurance, individual and collective, of medical expenses insurance will be reported.
Record 5:
Individual: The information corresponding to individual insurance of
medical expenses insurance will be reported.
Record 6:
Collective: The information corresponding to collective insurance of medical
expenses insurance will be reported.
Record 7:
Health: The totals of the information corresponding to the insurance,
individual and collective, of health insurance will be reported.
Record 8:
Individual: The information corresponding to individual insurance of
health insurance will be reported.
Record 9:
Collective: The information corresponding to collective insurance of health insurance will be reported.
Record 10:
Total Accident and Sickness: For fields 2 to 13, the result of
the sum of the values corresponding to records 1, 4, and 7 will be reported.
In the case of reports containing the information of the lines of the property operation:
13 records must be reported, as follows.
Record 1:
Civil Liability and Professional Risks: The information
corresponding to civil liability and professional risks insurance will be reported.
Record 2:
Marine and Transport: The information corresponding to marine and transport insurance will be reported.
Record 3:
Fire: The information corresponding to fire insurance will be reported.
Record 4:
Agricultural and Animal: The information corresponding to agricultural and animal insurance will be reported.
Record 5:
Automobiles: The information corresponding to Automobiles insurance will be reported.
Record 6:
Credit: The information corresponding to credit insurance will be reported.
Record 7:
Surety: The information corresponding to surety insurance will be reported.
Record 8:
Home Credit: The information corresponding to home credit insurance will be reported.
Record 9:
Financial Guarantee: The information corresponding to Financial Guarantee insurance will be reported.
Record 10:
Earthquake and/or Volcanic Eruption: The information corresponding to earthquake and/or volcanic eruption insurance will be reported.
Record 11:
Hurricane and other hydrometeorological nature: The information corresponding to Hurricane and other hydrometeorological nature insurance will be reported.
Record 12:
Miscellaneous: The information corresponding to miscellaneous insurance will be reported.
Record 13:
Total Property: For fields 2 to 13, the result of the sum of the values
corresponding to records 1 to 12 will be reported.
b) Reports of " Recoverable reinsurance amounts of the life operation " , " Recoverable
reinsurance amounts corresponding to the taken from the life operation " , " Recoverable
reinsurance amounts of the accident and sickness operation " , " Recoverable amounts of
reinsurance corresponding to the taken from the accident and sickness operation " , " Recoverable
reinsurance amounts of the property operation " and " Recoverable amounts of the reinsurance corresponding to the taken from the property operation " .
These reports must contain information regarding the recoverable amounts of reinsurance that
correspond to the pending obligations of the life, accident and
sickness, and property operations, which is defined below and disaggregated according to the lines or types of
insurance corresponding to each operation.
Field 1:
Line or type of insurance.- It must report, in each record, the name of the line or type of
insurance corresponding, as indicated in the definition of records that follows the
present definition of fields.
Example for the format corresponding to the Recoverable reinsurance amounts
of the life operation.
Field 1, in record 1, must contain the text:
Individual Life
Example for the format corresponding to the Recoverable reinsurance amounts
of the accident and sickness operation.
Field 1, in record 6, must contain the text:
Collective
Example for the format corresponding to the Recoverable reinsurance amounts
of the property operation.
Field 1, in record 5, must contain the text:
Automobiles
Field 2:
For reported claims of known amount.- It refers to the reserve constituted for
pending obligations for reported claims whose amount of the obligation
is known at the time of valuation and does not require its balance to be determined
through an actuarial valuation.
Field 3:
Other known amount obligations, except dividends .- It refers to the reserve
constituted for other known amount obligations, except for the concept of
dividends, whose amount of the obligation is known at the time of valuation and does not
require its balance to be determined through an actuarial valuation.
Field 4.-
Future obligations payable in installments: It refers to the reserve constituted by
future obligations payable in installments which will correspond to the estimated amount of the present value of future payment flows, discounted using risk-free market interest rate curves for each currency or monetary unit.
Field 5:
Total pending obligations for claims and other known amount obligations
except dividends.- It refers to the total pending obligations for
claims and other known amount obligations, except dividends, (sum of fields 2, 3, and 4).
Field 6:
BEL- IBNR and GAAS.- It refers to the best estimate of future obligations for
pending obligations for claims that, having already occurred on the valuation date,
have not yet been reported or have not been completely reported, as well as
their adjustment, salvage, and recovery expenses.
Field 7:
Pending obligations for administration of payments and benefits
due.- It refers to the reserve for pending obligations
corresponding to the administration of the sums that by concept of dividends,
endowments, annuities, or other indemnifications are entrusted by the insured or their beneficiaries
to the Insurance Institutions or Mutual Societies.
Field 8:
Amount of the PBO reserve.- It refers to the sum of the amounts of the reserves for
pending obligations, indicated in fields 5, 6, and 7.
Regarding the number and description of records of each report, these will correspond to the records
indicated in each of the operations reported previously for the direct operation, that is:
i)
Life operation: 15 records.
ii)
Accident and sickness operation: 10 records.
iii)
Property operation: 13 records.
c) Responsible Parties Report
This report must contain 6 records, in each of which the following information of the official of the Insurance Institution or Mutual Society must be reported, responsible for the valuation of the
reserve for pending obligations, as well as for the actuaries who certify such
valuations, for each of the operations. The delivery of this report is mandatory.
Field 1:
Responsible.- It must be reported, for each record, whether the requested information
corresponds to the responsible official of the technical area or to the certifying actuary, according to the following:
Record
Field 1
1
Responsible official of the technical area
2
Certifying Actuary 1
3
Certifying Actuary 2
4
Certifying Actuary 3
5
Certifying Actuary 4
6
Certifying Actuary 5
Field 2:
Name.- The name of the official or certifying actuary must be reported.
Field 3:
Position.- The position of the official or certifying actuary must be reported.
Field 4:
Telephone(s).- The telephone(s) of contact of the official or
actuary certifying must be reported.
Field 5:
Email.- The email of the official or certifying actuary must be reported.
Field 6:
Insurance Operation or Line Certified.- It must be indicated, in the case of the actuary(ies) certifying the reserve of
pending obligations.
In each record, the information reported in fields 2 to 6 must correspond to what was reported
in field 1.
2.- The Excel format file corresponding to the summary of the valuation of the reserve for pending obligations
The text files for the valuation of the reserve for pending obligations referred to in the immediately preceding numeral 1, must be generated using the Excel format file corresponding to the summary of the valuation of the reserve for pending obligations, which will be available, along with its respective user manual, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3OPCCVRES.xls".
The Excel format file corresponding to the summary of the valuation of the reserve for pending obligations, containing the information reported in accordance with what is defined in the immediately preceding numeral 1, must be sent as part of product RR3OPCCV, for which it must be renamed as follows:
The name must be integrated from 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3OPCCVRES".
b)
In the twelfth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
d)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the seventeenth to the twentieth positions, the year must be written.
f)
In the twenty-first and twenty-second positions, the month being reported must be written.
g)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Code: "S" Company Number: "0009" Day: "30" Month: June ("06") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Extension R R 3 O P C C V R E S S 0 0 0 9 2 0 1 3 0 6 3 0 .XLS
3.- Document or documents of certification corresponding to the valuation of the reserve for pending obligations signed by the actuaries responsible for it
For each operation performed by the Insurance Institution or Mutual Society (life, accidents and diseases, and health), a certification letter in PDF format corresponding to the valuation of the reserve for pending obligations, signed by the actuary or actuaries responsible for such valuation, must be sent.
The PDF format files for each operation must contain the name and electronic signature of the actuary or licensed actuary responsible for the valuation, professional license number, current certification number issued by the professional college of the specialty or the accreditation of the Commission required for the preparation and signing of technical reserves, in compliance with what is provided in article 226 of the LISF.
The name of the magnetic file in PDF format must be integrated from 26 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file or files must be written: "RR3OPCCVCER"
b)
In the twelfth and thirteenth positions, the operation code must be written.
Operation Code Description 01 Life 02 Accidents and diseases 03 Damages
c)
In the fourteenth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Certification document for the damages operation ("03"). Company Code: "S" Company Number: "0009" Day: ("30") Month: June ("06") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension R R 3 O P C C V C E R 0 3 S 0 0 0 9 2 0 1 3 0 6 3 0 .PDF
Information with annual delivery periodicity
In addition to the information delivered with quarterly periodicity, annually the information regarding the results of the valuation of the reserve for pending obligations for each branch or type of insurance must be delivered, which will consist of the following:
Product RR3OPCDT will contain the following:
a)
Explanatory documents of the methodological detail of the valuation of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim, in PDF format.
b)
Text files containing the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim.
c)
The Excel format file corresponding to the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim.
d)
Files with the explanatory documents of the procedure and results corresponding to the retrospective test (back-testing test) of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim, in PDF format.
The information indicated in subsections a), b), c) and d) above, will be indicated in numerals 1, 2, 3 and 4, respectively, as follows:
a)
For its sending, the product must be encrypted in a single .ZIP.PGP format file, whose name must be integrated from 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written: "RR3OPCDT"
c)
In the ninth position, the company type code must be written:
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the day of the month being reported must be indicated.
Example:
Company Code: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Extension R R 3 O P C D T S 0 0 0 9 2 0 1 3 1 2 3 1 .ZIP .PGP
1.- Explanatory documents of the methodological detail of the valuation of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim
For each operation performed by the Insurance Institution or Mutual Society in question, an explanatory document, in free text, of the development, hypotheses and results of the application of the valuation methods, through which the reserve for pending obligations for reported and unreported claims of each branch or type of insurance was determined.
The explanatory document referred to in the previous paragraph will be sent in PDF format and its name must be integrated from 26 alphanumeric characters, ordered as follows:
a)
In the first eleven positions, the specific identifier of the file or files must be written: "RR3OPCDTDES".
b)
In the twelfth and thirteenth positions, the operation code must be written.
Operation Code Description 01 Life 02 Accidents and diseases 03 Damages
c)
In the fourteenth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Detail corresponding to the damages operation ("03"). Company Code: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension R R 3 O P C D T D E S 0 3 S 0 0 0 9 2 0 1 3 1 2 3 1 .PDF
2.- The information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim
A report in text file format, of the information on premiums and claims of each branch or type of insurance, whose name must be integrated from 24 alphanumeric characters, which must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3OPCDTTPS".
b)
In the twelfth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Code: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Extension R R 3 O P C D T T P S S 0 0 0 9 2 0 1 3 1 2 3 1 .TXT
The description of the fields of the report is as follows:
Field 1: Branch or type of insurance.- The branch or type of insurance to which the information on premiums and claims refers must be reported according to the following:
Branch or type of insurance Long-term non-endowment life insurance Long-term endowment life insurance Flexible life insurance Short-term life insurance Personal accident insurance Medical expense insurance Health insurance Civil liability branch insurance Maritime and transport branch insurance Fire branch insurance Agricultural and animal branch insurance Automobile branch insurance Credit branch insurance Surety branch insurance Earthquake and volcanic eruption insurance Hydrometeorological risk insurance Housing credit branch insurance Financial guarantee branch insurance Diverse branch insurance
Field 2: Origin year.- The information on premiums and claims will correspond to the last 8 calendar years; in this sense, for each branch or type of insurance, in this Field, the following values must be captured in consecutive rows:
n-7 n-6 n-5 n-4 n-3 n-2 n-1 n
Where the value of n corresponds to the value of the most recent year being reported.
Example:
for Agricultural and Animal coverages, and Automobiles, the content of fields 1 and 2 that must be reported at the close of the 2015 exercise must be:
Field 1 Field 2 ... ... Agricultural and animal branch insurance 2008 Agricultural and animal branch insurance 2009 Agricultural and animal branch insurance 2010 Agricultural and animal branch insurance 2011 Agricultural and animal branch insurance 2012 Agricultural and animal branch insurance 2013 Agricultural and animal branch insurance 2014 Agricultural and animal branch insurance 2015 Automobile branch insurance 2008 Automobile branch insurance 2009 Automobile branch insurance 2010 Automobile branch insurance 2011 Automobile branch insurance 2012 Automobile branch insurance 2013 Automobile branch insurance 2014 Automobile branch insurance 2015 ... ...
Field 3: Issued premium: The issued premium corresponding to the branch or type of insurance, and origin year reported in fields 1 and 2 of said record must be captured in each record; understood by issued premium and origin year what is established in Annex 5.3.2 of this Circular.
Fields 4 to 11: Development periods of 0 to 7 of gross amounts of claims, adjustments and adjustment expenses.- In fields 4 to 11 of each record, the gross amount of claims, adjustments and adjustment expenses of the respective branch or type of insurance must be reported, classified by origin year and development year, using for this purpose the classification criteria established in Annex 5.3.2 of this Circular and considering that, the branch or type of insurance, corresponds to the value reported in field 1 and the origin year corresponds to the value reported in field 2 of each record. Likewise, to report the referred information, it must be considered that each field corresponds to a development year as follows:
Field 4 5 6 7 8 9 10 11 Development Year 0 1 2 3 4 5 6 7
Fields 12 to 19: Development periods of 0 to 7 of gross amounts of claims, adjustments, adjustment expenses, salvages and recoveries.- In fields 12 to 19 of each record, the gross amount of claims, adjustments, adjustment expenses, salvages and third-party recoveries (except reinsurance) of the respective branch or type of insurance must be reported, classified by origin year and development year, using for this purpose the classification criteria established in Annex 5.3.2 of this Circular and considering that, the branch or type of insurance, corresponds to the value reported in field 1 and the origin year corresponds to the value reported in field 2 of each record. Likewise, to report the referred information, it must be considered that each field corresponds to a development year as follows:
Field 12 13 14 15 16 17 18 19 Development Year 0 1 2 3 4 5 6 7
Field 20: Retained premium.- The retained premium corresponding to the branch or type of insurance, and origin year reported in fields 1 and 2 of said record must be captured in each record.
Fields 21 to 28: Development periods of 0 to 7 of retained amounts of claims, dividends, adjustments, adjustment expenses, salvages and recoveries.- In fields 21 to 28 of each record, the retained amount of claims, dividends, adjustments, adjustment expenses, salvages and third-party recoveries (except reinsurance) of the respective branch or type of insurance must be reported, classified by origin year and development year, using for this purpose the classification criteria established in Annex 5.3.2 of this Circular and considering that, the branch or type of insurance, corresponds to the value reported in field 1 and the origin year corresponds to the value reported in field 2 of each record. Likewise, to report the referred information, it must be considered that each field corresponds to a development year as follows:
Field 21 22 23 24 25 26 27 28 Development Year 0 1 2 3 4 5 6 7
3.- The Excel format file corresponding to the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim
The text files containing the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim referred to in the immediately preceding numeral 3, must be generated using the Excel format file corresponding to the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim, which will be available, along with its respective user manual, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3OPCDTTPS.xls".
The Excel format file corresponding to the information on premiums and claims of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim, containing the information reported in accordance with what is defined in the immediately preceding numeral 3, must be sent as part of product RR3OPCDT, for which it must be renamed as follows:
The name must be integrated from 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3OPCDTTPS".
b)
In the twelfth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Code: "S" Company Number: "0009" Day: "31" Month: December ("12") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Extension R R 3 O P C D T T P S S 0 0 0 9 2 0 1 3 1 2 3 1 .XLS
4.- Explanatory documents of the procedure and results corresponding to the retrospective test (back-testing test) of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim
For each operation performed by the Insurance Institution or Mutual Society in question, an explanatory document of the procedure and results corresponding to the retrospective test (back-testing test) through which the adequate functioning of the actuarial methods with which the valuation of the reserve for pending obligations for reported and unreported claims and adjustment expenses assigned to the claim was determined was verified.
The document referred to in the previous paragraph will be sent in PDF format and its name must be integrated from 26 alphanumeric characters, ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written: "RR3OPCDTPRE".
b)
In the twelfth and thirteenth positions, the operation code must be written.
Operation Code Description 01 Life 02 Accidents and diseases 03 Damages
c)
In the fourteenth position, the company type code must be written.
Code Definition H Insurance Institutions authorized to operate health insurance. G Insurance Institutions authorized to operate financial guarantee insurance. V Insurance Institutions authorized to operate housing credit insurance. S Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second positions, the year must be written.
e)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report on the retrospective test of the reserve for reported and unreported claims of the damages operation ("03") Company Code: "S" Company Number: "0009" Day: ("31") Month: December ("12") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension R R 3 O P C D T P R E 0 3 S 0 0 0 9 2 0 1 3 1 2 3 1 .PDF
III. Reserve for catastrophic risks
Information with quarterly delivery periodicity
The report of the results of the valuation of the reserve for catastrophic risks of each branch or type of insurance, with quarterly delivery periodicity, will consist of the following:
The RR3CATCV product, which will contain the text file with the summary of the valuation of the catastrophic risk reserve, the Excel format file corresponding to the summary of the valuation of the catastrophic risk reserve, and the corresponding certification document signed by the actuaries responsible for the same, referred to in items 1.1, 1.2, and 1.3 in the immediate following sections.
a) For its transmission, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated with 21 alphanumeric characters, ordered as follows:
b) In the first eight positions, the specific product identifier must be written: "RR3CATCV".
c) In the ninth position, the company type key must be written:
| Key | Definition |
|---|---|
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d) From the tenth to the thirteenth positions, the number assigned to the respective Insurance Institution or Mutual Insurance Society must be written. This number must be preceded by zeros until it occupies the four positions.
e) From the fourteenth to the seventeenth positions, the year must be written.
f) In the eighteenth and nineteenth positions, the month being reported must be written. This number must be preceded by zeros until it occupies the two positions.
g) In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: "S" Company Number: "0009" Day: ("30") Month: June ("06") Year: 2013
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 R R 3 C A T C V S 0 0 0 9 2 0 1 3 0 6 3 0 .ZIP .PGP
1.1.- Summary of the valuation of the catastrophic risk reserve
From 2 to 14 reports in text file format, of the results of the valuation of each line or type of insurance, whose name must be integrated with 26 alphanumeric characters, which must be ordered as follows:
a) In the first eleven positions, the specific file identifier must be written: "RR3CATCVRES".
b) In the twelfth and thirteenth positions, the report key must be written.
| Report Key | Description |
|---|---|
| 01 | Catastrophic risk reserve for earthquake insurance |
| 02 | Maximum accumulation limit of the catastrophic risk reserve for earthquake insurance |
| 03 | Catastrophic risk reserve for hurricane and other hydrometeorological risk insurance |
| 04 | Maximum accumulation limit of the catastrophic risk reserve for hurricane and other hydrometeorological risk insurance |
| 05 | Catastrophic risk reserve for agricultural and animal insurance |
| 06 | Maximum accumulation limit of the catastrophic risk reserve for agricultural and animal insurance |
| 07 | Catastrophic risk reserve for housing credit insurance |
| 08 | Catastrophic risk reserve for financial guarantee insurance |
| 09 | Maximum accumulation limit of the catastrophic risk reserve for financial guarantee insurance |
| 10 | Catastrophic risk reserve for credit insurance |
| 11 | Maximum accumulation limit of the catastrophic risk reserve for credit insurance |
| 12 | Catastrophic risk reserve for surety insurance |
| 13 | Maximum accumulation limit of the catastrophic risk reserve for surety insurance |
| 14 | Responsible parties |
c) In the fourteenth position, the company type key must be written.
| Key | Definition |
|---|---|
| G | Insurance Institutions authorized to operate financial guarantee insurance. |
| V | Insurance Institutions authorized to operate housing credit insurance. |
| S | Other Insurance Institutions and Mutual Societies. |
d) From the fifteenth to the eighteenth positions, the number assigned to the respective Insurance Institution or Mutual Insurance Society must be written. This number must be preceded by zeros until it occupies the four positions.
e) From the nineteenth to the twenty-second positions, the year must be written.
f) In the twenty-third and twenty-fourth positions, the month being reported must be written.
g) In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 01 Company Key: "S" Company Number: "0009" Day: ("30") Month: June ("06") Year: 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Ext. R R 3 C A T C V R E S 0 1 S 0 0 0 9 2 0 1 5 0 6 3 0 TXT
Each of the reports of the results of the valuation of the catastrophic risk reserve will contain the fields described below for each of them, which must be reported in a matrix array in which each listed field must be delimited by the character known as pipe ("|") to the left and right of each field, except for the first and last of these, in which case they must only be delimited by pipes to the right and left, respectively. Each record will correspond to the detail of the information by line or type of insurance, according to each operation.
The number of fields and records will be fixed and will depend on each report; therefore, when a field is not applicable in a certain report, it must be left empty.
The figures must be reported in national currency at the exchange rate corresponding to the currency or monetary unit in question, on the valuation date. For these purposes, the value of the exchange rate of the index or currency in question, published in the Official Gazette of the Federation on the valuation date, must be used.
a) Report of "Catastrophic risk reserve for earthquake insurance"
The report must contain 13 records, filled out as follows:
Field 1: Year.- The first record must contain the number of the year corresponding to the close immediately preceding the year being reported; from record 2 to 13, they must contain the number of the year being reported.
Field 2: Month.- Each record must contain the text corresponding according to the following relationship:
| Record | Content |
|---|---|
| 1 | Dec |
| 2 | Jan |
| 3 | Feb |
| 4 | Mar |
| 5 | Apr |
| 6 | May |
| 7 | Jun |
| 8 | Jul |
| 9 | Aug |
| 10 | Sep |
| 11 | Oct |
| 12 | Nov |
| 13 | Dec |
Field 3: Retained risk premium of the month.- This field must be filled only for records 2 to 13, and refers to the total amount determined as the sum of the retained risk premiums of the policies, certificates, or endorsements, that were in force during the month in question of earthquake insurance. It will be understood that the retained risk premium is the one corresponding to each policy, certificate, or endorsement, according to the calculation performed with the computing system with which the risk premium for the constitution of the risk reserve in progress, as well as the Probable Maximum Loss, is determined.
Field 4: Earned retained risk premium of the month.- This field must be filled only for records 2 to 13, and refers to the total amount of the earned part of the retained risk premium of the policies, certificates, or endorsements, that were in force during the month in question, of earthquake insurance.
Field 5: Financial products of the month.- This field must be filled only for records 2 to 13, and refers to the amount of the financial products of this reserve, determined based on the average monthly effective rate of the emissions of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 6: Impact on the catastrophic risk reserve for earthquake.- This field must be filled only for records 2 to 13, and corresponds to the total amount with which the catastrophic risk reserve for earthquake has been affected during the month, in case the assumptions considered in Fraction V of Provision 5.6.6 of the CUSF are presented.
Field 7: Reserve balance at the end of the month.- Refers to the amount of the catastrophic risk reserve for earthquake, at the end of the month in question.
In each record, the information reported in fields 3 to 7 must correspond to the year and month reported in fields 1 and 2 respectively.
b) Report of "Maximum accumulation limit of the catastrophic risk reserve for earthquake insurance"
The report must contain 7 records, filled out as follows:
Field 1: Year.- Records 1 to 5 of this field must contain the number of the year to which the amount of the retention Probable Maximum Loss (PML) reported in each of said records corresponds. It should be noted that, in each report, the records must present the information corresponding to the last 5 years. Record 6 of this field must contain the legend "Average", while record 7 of this field must contain the legend "Maximum accumulation limit".
Example. For the close of the 2015 exercise
| Record | Content |
|---|---|
| 1 | 2011 |
| 2 | 2012 |
| 3 | 2013 |
| 4 | 2014 |
| 5 | 2015 |
| 6 | Average |
| 7 | Maximum accumulation limit |
Field 2.- : Total Insured Sum (SA TOTAL):- Must be filled only in records 1 to 5, and refers to the total amount of insured sums of the policies of earthquake insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 3.- : Retained Insured Sum (SA RETAINED):- Must be filled only in records 1 to 5, and refers to the retained amount of insured sums of the policies of earthquake insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 4: Gross Probable Maximum Loss (Gross PML).- In records 1 to 5, it must be filled with the amount of the gross Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases.
Field 5: Retention Probable Maximum Loss (Retention PML).- In records 1 to 5, it must be filled with the amount of the retention Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases. For record 6, with the average value of the amounts reported in records 1 to 5 of this field. For record 7, with the result of multiplying by 0.9 the amount reported in record 6 of this field.
In each record, the information reported in fields 2 to 5 must correspond to what is reported in field 1.
c) Report of "Catastrophic risk reserve for hurricane and other hydrometeorological risk insurance"
The report must contain 13 records, filled out as follows:
Field 1: Year.- The first record must contain the number of the year corresponding to the close immediately preceding the year being reported; from record 2 to 13, they must contain the number of the year being reported.
Field 2: Month.- Each record must contain the text corresponding according to the following relationship:
| Record | Content |
|---|---|
| 1 | Dec |
| 2 | Jan |
| 3 | Feb |
| 4 | Mar |
| 5 | Apr |
| 6 | May |
| 7 | Jun |
| 8 | Jul |
| 9 | Aug |
| 10 | Sep |
| 11 | Oct |
| 12 | Nov |
| 13 | Dec |
Field 3: Retained risk premium of the month.- This field must be filled only for records 2 to 13, and refers to the total amount determined as the sum of the retained risk premiums of the policies, certificates, or endorsements, that were in force during the month in question of hurricane and other hydrometeorological risk insurance. It will be understood that the retained risk premium is the one corresponding to each policy, certificate, or endorsement, according to the calculation performed with the computing system with which the risk premium for the constitution of the risk reserve in progress, as well as the Probable Maximum Loss, is determined.
Field 4: Earned retained risk premium of the month.- This field must be filled only for records 2 to 13, and refers to the total amount of the earned part of the retained risk premium of the policies, certificates, or endorsements, that were in force during the month in question, of hurricane and other hydrometeorological risk insurance.
Field 5: Financial products of the month:- This field must be filled only for records 2 to 13, and refers to the amount of the financial products of this reserve, determined based on the average monthly effective rate of the emissions of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 6: Impact on the catastrophic risk reserve for hurricane and other hydrometeorological risks.- This field must be filled only for records 2 to 13, and corresponds to the total amount with which the catastrophic risk reserve for hurricane and other hydrometeorological risks has been affected during the month, in case the assumptions considered in Fractions VI and VII of Provision 5.6.5 of the CUSF are presented.
Field 7: Reserve balance at the end of the month.- Refers to the amount of the catastrophic risk reserve for hurricane and other hydrometeorological risks, at the end of the month in question.
In each record, the information reported in fields 3 to 7 must correspond to the year and month reported in fields 1 and 2 respectively.
d) Report of "Maximum accumulation limit of the catastrophic risk reserve for hurricane and other hydrometeorological risk insurance"
The report must contain 7 records, filled out as follows:
Field 1: Year.- Records 1 to 5 of this field must contain the number of the year to which the amount of the retention Probable Maximum Loss (PML) reported in each of said records corresponds. It should be noted that, in each report, the records must present the information corresponding to the last 5 years. Record 6 of this field must contain the legend "Average", while record 7 of this field must contain the legend "Maximum accumulation limit".
Example. For the close of the 2015 exercise
| Record | Content |
|---|---|
| 1 | 2011 |
| 2 | 2012 |
| 3 | 2013 |
| 4 | 2014 |
| 5 | 2015 |
| 6 | Average |
| 7 | Maximum accumulation limit |
Field 2: Total Insured Sum (SA TOTAL).- Must be filled only in records 1 to 5, and refers to the total amount of insured sums of the policies of hurricane and other hydrometeorological risk insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 3: Retained Insured Sum (SA RETAINED).- Must be filled only in records 1 to 5, and refers to the retained amount of insured sums of the policies of hurricane and other hydrometeorological risk insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 4: Gross Probable Maximum Loss (Gross PML).- In records 1 to 5, it must be filled with the amount of the gross Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases.
Field 5: Retention Probable Maximum Loss (Retention PML).- In records 1 to 5, it must be filled with the amount of the retention Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases. For record 6, with the average value of the amounts reported in records 1 to 5 of this field. For record 7, with the result of multiplying by 0.9 the amount reported in record 6 of this field.
In each record, the information reported in fields 2 to 5 must correspond to what is reported in field 1.
e) Report of "Catastrophic risk reserve for agricultural and animal insurance"
The report must contain thirteen records, filled out as follows:
Field 1: Year.- The first record must contain the number of the year corresponding to the close immediately preceding the year being reported; from record 2 to 13, they must contain the number of the year being reported.
Field 2: Month.- Each record must contain the text corresponding according to the following relationship:
| Record | Content |
|---|---|
| 1 | Dec |
| 2 | Jan |
| 3 | Feb |
| 4 | Mar |
| 5 | Apr |
| 6 | May |
| 7 | Jun |
| 8 | Jul |
| 9 | Aug |
| 10 | Sep |
| 11 | Oct |
| 12 | Nov |
| 13 | Dec |
Field 3: Retained tariff premium of the month.- This field must be filled only for records 2 to 13, and refers to the total amount determined as the sum of the retained tariff premiums of the policies, certificates, or endorsements, that were in force during the month in question of agricultural and animal insurance.
Field 4: Earned part of the retained tariff premium.- This field must be filled only for records 2 to 13, and refers to the total amount of the earned part of the retained tariff premium of the policies, certificates, or endorsements, that were in force during the month in question, of agricultural and animal insurance.
Field 5: 35% of the earned part of the retained tariff premium.- Must be filled, for each record from 2 to 13, with the product of the earned part of the retained tariff premium, indicated in field 4, multiplied by 0.35.
Field 6: Financial products of the month.- This field must be filled only for records 2 to 13, and refers to the amount of the financial products of this reserve, determined based on the average monthly effective rate of the emissions of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 7: Impact on the catastrophic risk reserve for agricultural and animal insurance.- This field must be filled only for records 2 to 13, and corresponds to the total amount with which the catastrophic risk reserve for agricultural and animal insurance has been affected during the month, in case the assumptions considered in Fractions V and VI of Provision 5.6.1 of the CUSF are presented.
Field 8: Reserve balance at the end of the month.- Refers to the amount of the catastrophic risk reserve for agricultural and animal insurance, at the end of the month in question.
In each record, the information reported in fields 3 to 8 must correspond to the year and month reported in fields 1 and 2 respectively.
f) Report of "Maximum accumulation limit of the catastrophic risk reserve for agricultural and animal insurance"
The report must contain 6 records, filled out as follows:
Field 1: Year.- Records 1 to 5 of this field must contain the number of the year to which the amounts of insured sums and PML reported in the corresponding record correspond. It should be noted that, in each report, the records must present the information corresponding to the last 5 years. Record 6 must contain the legend "Average".
Field 2: Total Insured Sum (SA TOTAL).- Must be filled only in records 1 to 5, and refers to the total amount of insured sums of the policies of agricultural and animal insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 3: Retained Insured Sum (SA RETAINED).- Must be filled only in records 1 to 5, and refers to the retained amount of insured sums of the policies of agricultural and animal insurance that, having been issued at some point, were in force on December 31 of the year to which the record in question corresponds.
Field 4: Gross Probable Maximum Loss (Gross PML).- Must be filled only in records 1 to 5, and refers to the amount of the gross Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases.
Field 5.- Retention Probable Maximum Loss (Retention PML): Must be filled, for each record from 1 to 5, with the amount of the retention Probable Maximum Loss, calculated, for the year to which the record in question corresponds, according to the corresponding technical bases. Record 6 must contain the average of the values reported in records 1 to 5 of this same field (field 5).
g) Report of "Catastrophic risk reserve for housing credit insurance"
The report must contain 13 records, filled out as follows:
Field 1: Year.- The first record must contain the number of the year corresponding to the close immediately preceding the year being reported; from record 2 to 13, they must contain the number of the year being reported.
Field 2: Month.- Each record must contain the text corresponding according to the following relationship:
| Record | Content |
|---|---|
| 1 | Dec |
| 2 | Jan |
| 3 | Feb |
| 4 | Mar |
| 5 | Apr |
| 6 | May |
| 7 | Jun |
| 8 | Jul |
| 9 | Aug |
| 10 | Sep |
| 11 | Oct |
| 12 | Nov |
| 13 | Dec |
Field 3: Release of the retained risk reserve in progress.- This field must be filled only for records 2 to 13, and refers to the amount released from the retained risk reserve in progress of the policies, certificates, or endorsements, that were in force during the month in question of housing credit insurance.
Field 4: 50% of the release of the retained risk reserve in progress.- Must be filled, for each record from 2 to 13, with the product of the release of the retained risk reserve in progress, indicated in field 3, multiplied by 0.5.
Field 5: Financial products of the month.- This field must be filled only for records 2 to 13, and refers to the amount of the financial products of this reserve, determined based on the average monthly effective rate of the emissions of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 6: Impact on the catastrophic risk reserve for housing credit insurance.- This field must be filled only for records 2 to 13, and corresponds to the total amount with which the catastrophic risk reserve for housing credit insurance has been affected during the month, in case the assumptions considered in Fraction III of Provision 5.6.3 of the CUSF are presented.
Field 7: Amount of the release of contributions.- This field must be filled only for records 2 to 13, and corresponds to the amount released of contributions to the catastrophic risk reserve for housing credit insurance, in case the
present the assumptions considered in Section IV of Provision 5.6.3 of the CUSF.
Field 8:
PML.- Refers to the amount of the Probable Maximum Loss that has been calculated for home credit insurance, at the end of the month in question.
Field 9:
Reserve balance at the end of the month.- Refers to the amount of the reserve for catastrophic risks of home credit insurance, at the end of the month in question.
In each record, the information reported in fields 3 to 9 must correspond to the year and month reported in fields 1 and 2 respectively.
h) Report on "Reserve for catastrophic risks of financial guarantee insurance"
The report must contain 25 records, filled out as follows:
Field 1:
Concept.- Each record must contain the text corresponding to the following relationship:
Field 2:
Quarter.- Each record must contain the text corresponding to the following relationship:
Field 3:
Required reserve amount.- This field must be filled only for records in which the value of the "Quarter" field is different from "4th Quarter previous year", and must correspond to the resulting limit of the Reserve for Catastrophic Risks of financial guarantee insurance, for each type of insurable issuance (Government Bonds, Asset-Backed Securities, Guaranteed Securities that have Collateral backing or have a maturity term of 7 years or less, and Guaranteed Securities that do not have Collateral backing and have a maturity term greater than 7 years), at the end of the quarter in question.
Field 4:
Contribution.- This field must be filled only for records in which the value of the "Quarter" field is different from "4th Quarter previous year", and must correspond to the amount resulting from applying to the required reserve amount for each type of insurable issuance, the corresponding percentage, according to each of the types of insurable issuances, which, pursuant to Section II of Provision 5.6.4 of the CUSF, shall be 1.25% for Government Bonds, and 1.67% for Asset-Backed Securities, Guaranteed Securities that have Collateral backing or have a maturity term of 7 years or less, and for Guaranteed Securities that do not have Collateral backing and have a maturity term greater than 7 years.
Field 5:
Financial products.- This field must be filled only for records in which the value of the "Quarter" field is different from "4th Quarter previous year", and must correspond to the amount of the financial product for each type of insurable issuance (Government Bonds, Asset-Backed Securities, Guaranteed Securities that have Collateral backing or have a maturity term of 7 years or less, and Guaranteed Securities that do not have Collateral backing and have a maturity term greater than 7 years), calculated based on the average monthly effective rate of the issuances of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 6:
Impact on the reserve for catastrophic risks of financial guarantee insurance.- This field must be filled only for records in which the value of the "Quarter" field is different from "4th Quarter previous year", and must correspond to the amount of impact for each type of insurable issuance (Government Bonds, Asset-Backed Securities, Guaranteed Securities that have Collateral backing or have a maturity term of 7 years or less, and Guaranteed Securities that do not have Collateral backing and have a maturity term greater than 7 years), in the event that the assumptions considered in Section IV of Provision 5.6.4 of the CUSF are met.
Field 7:
Reserve balance at the end of the quarter.- Refers to the amount of the reserve for catastrophic risks of financial guarantee insurance, at the end of the quarter in question.
In each record, the information reported in fields 3 to 7 must correspond to the year and quarter reported in fields 1 and 2 respectively.
i) Report on "Maximum accumulation limit of the reserve for catastrophic risks of financial guarantee insurance"
The report must contain 4 records, filled out as follows:
Field 1:
Categories.- Each record must contain the text corresponding to the following relationship:
Field 2:
Premiums issued for policies in force.- Refers to the amount of premiums for policies that having been issued at some point, are in force at the end of the quarter of that is reported, for the insurance that backs each of the types of insurable issuances of Government Bonds, Asset-Backed Securities, Guaranteed Securities that have Collateral backing or have a maturity term of 7 years or less, and For Guaranteed Securities that do not have Collateral backing and with a maturity term greater than 7 years, as applicable to the category indicated in the record being reported.
Field 3:
Company retention percentage.- The retention percentage that must be included during the four quarters of the year being reported, must be the result of dividing the retained premium of the five immediate prior fiscal years to the reporting year, between the premium issued in said years, for each type of insurable issuance, according to the category indicated in the record being reported.
Field 4:
Total insured amount of policies in force.- Is the total amount of the insured sums of the policies that, having been issued at some point, are in force at the end of the quarter in question.
Field 5:
Retained total insured amount of policies in force.- Is the retained amount of the insured sums of the policies that, having been issued at some point, are in force at the end of the quarter in question, for each type of insurable issuance, according to the category indicated in the record being reported.
Field 6:
Amount of collateral.- Refers to the amount of collateral of the policies that, having been issued at some point, are in force at the end of the quarter of that is reported, for each type of insurable issuance, according to the category indicated in the record being reported.
Field 7:
Market retention percentage.- Is the retention percentage resulting from dividing the market retained premium of the five immediate prior fiscal years to the year of reporting, between the market premium issued in said years, for each type of insurable issuance, according to the category indicated in the record that is reported. This factor is determined annually and made known by the National Commission of Insurance and Sureties.
Field 8:
Maximum limit of the Reserve for Catastrophic Risks.- Is the limit that must have the reserve for catastrophic risks of financial guarantee insurance, at the end of the quarter in question, for each type of insurable issuance, according to the category indicated in the record being reported, determined in accordance with what is established in Section I of Provision 5.6.4 of the CUSF.
In each record, the information reported in fields 2 to 8 must correspond to the category reported in field 1.
j) Report on "Reserve for catastrophic risks of credit insurance"
The report must contain 13 records, filled out as follows:
Field 1: Year.-
The first record must contain the number of the year corresponding to the immediate closure prior to the year being reported; while records 2 to 13 must contain the number of the year being reported.
Field 2: Month.-
Each record must contain the text corresponding to the following relationship:
Record
Content
1
Dec
2
Jan
3
Feb
4
Mar
5
Apr
6
May
7
Jun
8
Jul
9
Aug
10
Sep
11
Oct
12
Nov
13
Dec
Field 3:
Retained earned risk premium at the end of the fiscal year.- This field must be filled only for record 13, and its value must correspond to the amount of the retained earned risk premium of the policies issued during the fiscal year, integrated by the sum of the retained earned risk premium of each of the policies, certificates, or endorsements issued.
Field 4:
Retained claims at the end of the fiscal year.- This field must be filled only for record 13, and its value must correspond to the amount of retained claims registered at the end of the fiscal year in question (including adjustments).
Field 5:
Annual increase.- This field must be filled only for record 13, and its value must correspond to the difference between the retained earned risk premium at the end of the fiscal year, indicated in field 3, minus the retained claims at the end of the fiscal year, indicated in field 4, multiplied by 0.75, if said product is positive, and zero otherwise.
Field 6:
Financial products of the month.- This field must be filled only for records 2 to 13, and refers to the amount of financial products of this reserve, determined based on the average monthly effective rate of the issuances of the month in current, of the 28-day Certificates of the Treasury of the Federation.
Field 7:
Impact on the reserve for catastrophic risks of credit insurance.- This field must be filled only for records 2 to 13, and corresponds to the amount total with which the reserve for catastrophic risks of credit insurance has been affected during the month, in the event that the assumptions considered in Section V of Provision 5.6.2 of the CUSF are met.
Field 8:
Reserve balance at the end of the month.- Refers to the amount of the reserve for catastrophic risks of credit insurance, at the end of the month in question.
In each record, the information reported in fields 3 to 9 must correspond to the year and month reported in fields 1 and 2 respectively.
k) Report on "Maximum accumulation limit of the reserve for catastrophic risks of credit insurance"
The report must contain 7 records, filled out as follows:
Field 1:
Year.- Records 1 to 5 of this field must contain the number of the year to which the amount of the retained probable maximum loss (PML) reported in each of said records corresponds. It should be noted that, in each report, in the records the information corresponding to the last 5 years must be presented. Record 6 of this field must contain the legend "Maximum accumulation limit".
Example. For the closure of the 2015 fiscal year
Record
Content
1
2011
2
2012
3
2013
4
2014
5
2015
6
Maximum accumulation limit
Field 2:
Retained probable maximum loss (Retained PML).- In records 1 to 5, it must be filled with the amount of the retained probable maximum loss, calculated, for the year to which the record in question corresponds, in accordance with the method that has been registered in terms of what is established in Annex 5.6.2 of these Provisions. For record 6, it must be filled with the average value of the amounts reported in records 1 to 5 of this field.
In each record, the information reported in field 2 must correspond to what is reported in field 1.
l) Report on "Reserve for catastrophic risks of surety insurance"
The report must contain 13 records, filled out as follows:
Field 1:
Year.- The first record must contain the number of the year corresponding to the immediate closure prior to the year being reported; while records 2 to 13 must contain the number of the year being reported.
Field 2:
Month.- Each record must contain the text corresponding to the following relationship:
Record
Content
1
Dec
2
Jan
3
Feb
4
Mar
5
Apr
6
May
7
Jun
8
Jul
9
Aug
10
Sep
11
Oct
12
Nov
13
Dec
Field 3:
Retained earned risk premium at the end of the fiscal year.- This field must be filled only for record 13, and its value must correspond to the amount of the retained earned risk premium of the policies issued during the fiscal year, integrated by the sum of the retained earned risk premium of each of the policies, certificates, or endorsements issued.
Field 4:
Retained claims at the end of the fiscal year.- This field must be filled only for record 13, and its value must correspond to the amount of retained claims registered at the end of the fiscal year in question (including adjustments).
Field 5:
Annual increase.- This field must be filled only for record 13, and its value must correspond to the difference between the retained earned risk premium at the end of the fiscal year, indicated in field 4, minus the retained claims at the end of the fiscal year, indicated in field 5, multiplied by 0.75, if said product is positive, and zero otherwise.
Field 6:
Financial products of the month.- This field must be filled only for records 2 to 13, and refers to the amount of financial products of this reserve, for each line of business, determined based on the average monthly effective rate of the issuances of the month in question, of the 28-day Certificates of the Treasury of the Federation.
Field 7:
Impact on the reserve for catastrophic risks of credit and surety insurance.- This field must be filled only for records 2 to 13, and corresponds to the total amount with which the reserve for catastrophic risks of credit and surety insurance has been affected during the month, in the event that the assumptions considered in Section V of Provision 5.6.2 of the CUSF are met.
Field 8:
Accumulation limit.- This field must be filled only for records 1 and 13, its value must correspond to the maximum amount, determined in accordance with what is established in Section IV of Provision 5.6.2 of the CUSF.
Field 9:
Reserve balance at the end of the month.- Refers to the amount of the reserve for catastrophic risks of credit and surety insurance, at the end of the month in question.
In each record, the information reported in fields 3 to 9 must correspond to the year and month reported in fields 1 and 2 respectively.
m) Report on "Maximum accumulation limit of the reserve for catastrophic risks of surety insurance"
The report must contain 7 records, filled out as follows:
Field 1:
Year.- Records 1 to 5 of this field must contain the number of the year to which the amount of the retained probable maximum loss (PML) reported in each of said records corresponds. It should be noted that, in each report, in the records the information corresponding to the last 5 years must be presented. Record 6 of this field must contain the legend "Maximum accumulation limit".
Example. For the closure of the 2015 fiscal year
Record
Content
1
2011
2
2012
3
2013
4
2014
5
2015
6
Maximum accumulation limit
Field 2:
Retained probable maximum loss (Retained PML).- In records 1 to 5, it must be filled with the amount of the retained probable maximum loss, calculated, for the year to which the record in question corresponds, in accordance with the method that has been registered in terms of what is established in Annex 5.6.2 of these Provisions. For record 6, it must be filled with the average value of the amounts reported in records 1 to 5 of this field.
In each record, the information reported in field 2 must correspond to what is reported in field 1.
n) Report on "Responsible Parties"
The report must contain 6 records, in which the following information of the official of the Insurance Institution or Mutual Society, responsible for the valuation of the reserves of catastrophic risks, as well as the actuary or actuaries who certify such valuation, must be reported.
Field 1:
Responsible.- It must be reported for each record whether the information requested corresponds to the responsible official of the technical area or to the certifying actuary, according to the following:
Record
Field 1
1
Responsible official of the technical area
2
Certifying actuary 1
3
Certifying actuary 2
4
Certifying actuary 3
5
Certifying actuary 4
6
Certifying actuary 5
Field 2:
Name.- The name of the official or certifying actuary must be reported.
Field 3.-
Position: The position of the official or certifying actuary must be reported.
Field 4.-
Telephone: The contact telephone of the official or certifying actuary must be reported.
Field 5.-
Email: The email of the official or certifying actuary must be reported.
Field 6.-
Reserve(s) to certify: It must be indicated, in the case of the certifying actuary(ies), the reserve that is being certified.
In each record, the information reported in fields 2 to 6 must correspond to what is reported in field 1.
1.2.- The Excel format file corresponding to the summary of the valuation of the reserve of catastrophic risks
The text files of the valuation of the reserve for catastrophic risks referred to in paragraph 1.1 immediately above, must be generated using the Excel format file corresponding to the summary of the valuation of the reserve for catastrophic risks, which will be available, as well as its respective user manual, on the Commission's Website (www.cnsf.gob.mx) with the name "RR3CATCVRES.xls".
The Excel format file corresponding to the summary of the valuation of the reserve for catastrophic risks, containing the information reported in accordance with what is defined in paragraph 1.1 immediately above, must be sent as part of the RR3CATCV product, for which it must be renamed as follows:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows: a)
In the first eleven positions, the specific identifier of the file must be written: "RR3CATCVRES". b)
In the twelfth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate credit insurance for housing.
S
Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions. d)
From the seventeenth to the twentieth positions, the year must be written. e)
In the twenty-first and twenty-second positions, the month being reported must be written. f)
In the twenty-third and twenty-fourth positions, the last day of the month that is reported must be written.
Example:
Company Key: "S"
Company Number: "0009"
Day: "30"
Month: June ("06")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
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R
3
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S
S
0
0
0
9
2
0
1
3
0
6
3
0
.XLS
1.3.- Certification document corresponding to the reserve for catastrophic risks signed by the actuaries responsible for it
Certification letter corresponding to the valuation of the reserve for catastrophic risks, signed by the actuary or actuaries responsible for it.
The PDF format file must contain the name and electronic signature of the actuary or licensed actuary responsible for the valuation, professional license number, number of the current certification issued by the professional college of the specialty or the accreditation of the Commission required for the preparation and signature of the technical reserve valuation, in compliance with what is provided in article 216 of the LISF.
The name of the magnetic file in PDF format must be integrated by 24 alphanumeric characters that must be ordered as follows: a)
In the first eleven positions, the specific identifier of the file or files must be written: "RR3CATCVCER" b)
In the twelfth position, the company type key must be written.
Key
Definition
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate credit insurance for housing.
S
Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions. d)
From the seventeenth to the twentieth positions, the year must be written. e)
In the twenty-first and twenty-second positions, the month being reported must be written. This number must be preceded by zeros until it occupies the two positions. f)
In the twenty-third and twenty-fourth positions, the last day of the month that is reported must be written.
Example:
Company Key: "S"
Company Number: "0009"
Day: ("30")
Month: June ("06")
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
C
A
T
C
V
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E
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S
0
0
0
9
2
0
1
3
0
6
3
0
The RR3CATDT product, which will contain the Excel files corresponding to the results of catastrophic risk insurance, the databases of the valuation of the reserve for catastrophic risks of earthquake and/or volcanic eruption insurance and the databases of the valuation of the reserve for catastrophic risks of hurricane and other hydrometeorological risks in Access format, referred to in paragraphs 2.1, 2.2 and 2.3 immediately following. This product must be sent and encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows: a)
In the first eight positions, the specific identifier of the product must be written: "RR3CATDT". b)
In the ninth position, the company type key must be written:
Key
Definition
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate credit insurance for housing.
S
Other Insurance Institutions and Mutual Societies.
c)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions. d)
From the fourteenth to the seventeenth positions, the year must be written.
e)
In the eighteenth and nineteenth positions, the month being reported must be written.
f)
In the twentieth and twenty-first positions, the day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
C
A
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D
T
S
0
0
0
9
2
0
1
3
0
6
3
0
.ZIP
.PGP
2.1 Excel files corresponding to the results of catastrophic risk insurance
Up to 7 Excel files containing the results of catastrophic risk insurance by line or type of insurance.
Regarding the Excel file or files containing the results of catastrophic risk insurance corresponding to earthquake and/or volcanic eruption insurance; and hurricane and other hydrometeorological risks, the files generated by the computer systems " Sistema R " and " Sistema RH-MEX " must be sent as such, respectively; for other cases, until general application computer systems are made known, the files generated by the Insurance Institution or Mutual Society itself must be sent.
The name of the Excel file or files containing the results of catastrophic risk insurance, depending on the line or type of insurance, is composed of 24 alphanumeric characters formed as follows:
a)
In the first eight positions, the specific identifier of the file in Excel format must be written: " RR3CATDT " .
b)
From the ninth to the eleventh positions, the operation key, line or type of insurance key must be written according to the following catalog:
Key
Definition
TER
Earthquake and/or volcanic eruption insurance.
HID
Hurricane and other hydrometeorological risk insurance.
AYA
Agricultural and animal insurance.
CRE
Credit line insurance.
CAU
Surety line insurance.
CRV
Housing credit insurance
GRF
Financial guarantee insurance
c)
In the twelfth position, the company type key must be written.
Key
Definition
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
This number must be preceded by zeros to occupy the two positions.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Results of the valuation of the catastrophic risk reserve for earthquake and/or volcanic eruption insurance ( " TER " ).
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
C
A
T
D
T
T
E
R
S
0
0
0
9
2
0
1
3
0
6
3
0
.XLS
2.2- The databases for the valuation of the catastrophic risk reserve for earthquake and/or volcanic eruption insurance.
Up to 3 database files for the determination of the risk premium and the Probable Maximum Loss for earthquake insurance.
The Access file containing the databases for the valuation of the catastrophic risk reserve for earthquake and/or volcanic eruption insurance, whose name is composed of 26 alphanumeric characters formed as follows:
a)
In the first eleven positions, the specific identifier of the file in Access format must be written: " RR3CATDTTER " .
b)
In the twelfth and thirteenth positions, the database key must be written.
Database Key
Description
01
Independent
02
Collective
03
Non-valuable
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Databases for the valuation of the catastrophic risk reserve for earthquake and/or volcanic eruption insurance ( " TER " ); non-valuable ( " 03 " ).
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
C
A
T
D
T
T
E
R
0
3
S
0
0
0
9
2
0
1
3
0
6
3
0
.MDB
2.3- The databases for the valuation of the catastrophic risk reserve for hurricane and other hydrometeorological risk insurance
Up to 3 database files for the determination of the risk premium and the Probable Maximum Loss for hurricane and other hydrometeorological risk insurance.
The Access file containing the databases for the valuation of the catastrophic risk reserve for hurricane and other hydrometeorological risk insurance, whose name is composed of 26 alphanumeric characters formed as follows:
a)
In the first eleven positions, the specific identifier of the file in Access format must be written: " RR3CATDTHID " .
b)
In the twelfth and thirteenth positions, the database key must be written.
Database Key
Description
01
Independent
02
Collective
03
Non-valuable
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Databases for the valuation of the catastrophic risk reserve for hurricane and other hydrometeorological risk insurance ( " HID " ); non-valuable ( " 03 " ).
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
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A
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I
D
0
3
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0
0
0
9
2
0
1
3
0
6
3
0
.MDB
IV.
Contingency Reserve of Mutual Societies
Information with quarterly submission frequency
The valuation of the contingency reserve for each line or type of insurance, with quarterly submission frequency, will consist of the following:
The RR3CNTCV product, which will contain the text files of the contingency reserve valuation, the Excel format file corresponding to the summary of the contingency reserve valuation, and the corresponding certification document, signed by the actuary responsible for it, referred to in the immediate following items 1, 2, and 3. This product must be sent in accordance with the following:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be composed of 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
" RR3CNTCV " .
c)
In the ninth position, the company type key must be written:
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0056 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
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0
5
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0
1
3
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6
3
0
.ZIP
.PGP
1.- Valuation of the contingency reserve
Up to 2 reports in text file format, of the results of the valuation of each line or type of insurance, whose names must be composed of 26 alphanumeric characters that will be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CNTCVRES " .
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Description
01
Contingency Reserve
02
Responsible Parties
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 01
Company Key: " S "
Company Number: " 0056 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
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1
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0
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5
6
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1
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0
6
3
0
.TXT
The contingency reserve valuation result reports will contain the fields described below, which must be reported in a matrix array in which each listed field must be delimited by the character known as pipe ( " | " ) to the left and right of each field, except for the first and last of these, in which case they must only be delimited by pipes to the right and left, respectively.
The number of fields and records will be fixed, so when a field is not applicable in a given report, it must be left empty.
Figures must be reported in national currency at the exchange rate corresponding to the currency or monetary unit in question, on the valuation date. For these purposes, the value of the exchange rate of the index or currency in question, published in the Official Gazette of the Federation on the valuation date, must be used.
a) " Contingency Reserve " Reports
This report must contain 91 records with the following information regarding the contingency reserve.
Field 1:
Line.- Each record must report the line or type of insurance corresponding to each operation, as indicated below.
Records
Field 1
1 to 13
Life
14 to 26
Personal Accidents
27 to 39
Medical Expenses
40 to 52
Maritime and Transport
53 to 65
Fire
66 to 78
Automobiles
79 to 91
Various
Field 2:
Year.- It must report:
For records 1, 14, 27, 40, 53, 66, and 79, the year immediately preceding the reported exercise;
For records other than 1, 14, 27, 40, 53, 66, and 79, the year of the reported exercise must be captured.
Field 3:
Month.- Consecutively, for records 1 to 13, 14 to 26, 27 to 39, 40 to 52, 53 to 65, 66 to 78, and 79 to 91, the month to which the reported information corresponds must be reported, as shown below:
Record Range
Field 3
1
Dec
2
Jan
3
Feb
4
Mar
5
Apr
6
May
7
Jun
8
Jul
9
Aug
10
Sep
11
Oct
12
Nov
13
Dec
In this sense, by way of example, for the closing of the 2015 exercise, fields 1, 2, and 3, for records 27 to 52, must present the following content.
Rec.
Field 1
Field 2
Field 3
...
...
...
27
Medical Expenses
2014
Dec
28
Medical Expenses
2015
Jan
29
Medical Expenses
2015
Feb
30
Medical Expenses
2015
Mar
31
Medical Expenses
2015
Apr
32
Medical Expenses
2015
May
33
Medical Expenses
2015
Jun
34
Medical Expenses
2015
Jul
35
Medical Expenses
2015
Aug
36
Medical Expenses
2015
Sep
37
Medical Expenses
2015
Oct
38
Medical Expenses
2015
Nov
39
Medical Expenses
2015
Dec
40
Maritime and Transport
2014
Dec
41
Maritime and Transport
2015
Jan
42
Maritime and Transport
2015
Feb
43
Maritime and Transport
2015
Mar
44
Maritime and Transport
2015
Apr
45
Maritime and Transport
2015
May
46
Maritime and Transport
2015
Jun
47
Maritime and Transport
2015
Jul
48
Maritime and Transport
2015
Aug
49
Maritime and Transport
2015
Sep
50
Maritime and Transport
2015
Oct
51
Maritime and Transport
2015
Nov
52
Maritime and Transport
2015
Dec
...
...
...
Field 4:
Accrued retained risk premium at the close of the exercise.- It must correspond to the amount of the accrued retained risk premium of policies issued during the exercise, integrated by the sum of the accrued retained risk premium of each of the policies, certificates, or endorsements issued.
Field 5:
Retained claims at the close of the exercise.- The amount of retained claims registered at the close of the exercise in question (including adjustments) must be reported.
Field 6:
Annual Increase.- It must report the increase to the contingency reserve at the close of the reported exercise, that is, at the close of the first quarter it must report the increase corresponding to the months of January, February, and March; at the close of the second quarter it must report the increase corresponding to the months of January to June, etc.
Field 7:
Financial Products of the Month.- It is the amount of financial products generated during the month by the investment of the reserve.
Field 8:
Impact on the Contingency Reserve.- It is the total amount with which the contingency reserve has been affected during the month.
Field 9:
Accumulation Limit.- The maximum amount of the contingency reserve, calculated in accordance with current regulation, must be reported.
Field 10:
Contingency Reserve Balance at the Close of the Month.- It is the amount of the contingency reserve, at the close of the month in question, after the corresponding impacts.
It should be noted that in the record corresponding to the month of December of the year immediately preceding the reporting exercise, only fields 1, 2, 3, 9, and 10 must be reported.
Likewise, in the corresponding records from January to November, only fields 1, 2, 3, 7, and 10 must be reported.
Meanwhile, in the record corresponding to the month of December of the reporting exercise year, all fields (1 to 10) described in this subsection must be reported.
In each record, the information reported in fields 4 to 10, as applicable, must correspond to what is reported in fields 1, 2, and 3.
a) " Responsible Parties " Report
The report must contain 6 records, in which the following information of the Mutual Society official responsible for the valuation of the contingency reserve, as well as the actuaries certifying such valuations, must be reported for each of the operations.
Field 1:
Responsible.- It must be reported for each record whether the requested information corresponds to the official responsible for the technical area or to the certifying actuary, according to the following:
Record
Field 1
1
Official responsible for the technical area
2
Certifying Actuary 1
3
Certifying Actuary 2
4
Certifying Actuary 3
5
Certifying Actuary 4
6
Certifying Actuary 5
Field 2:
Name.- The name of the official or certifying actuary must be reported.
Field 3:
Position.- The position of the official or certifying actuary must be reported.
Field 4:
Telephone.- The contact telephone of the official or certifying actuary must be reported.
Field 5:
Email.- The email of the official or certifying actuary must be reported.
Field 6:
Reserve(s) to be certified.- In the case of the certifying actuary (s), the operation in which the reserve in question is being certified must be indicated.
In each record, the information reported in fields 2 to 6 must correspond to what is reported in field 1.
2.- The Excel format file corresponding to the summary of the contingency reserve valuation
The text files of the contingency reserve valuation referred to in the immediate preceding item 1, must be generated using the Excel format file corresponding to the summary of the contingency reserve valuation, which will be available, as well as its respective user manual, on the Commission's Website ( www.cnsf.gob.mx ) with the name " RR3CNTCVRES.xls " .
The Excel format file corresponding to the summary of the contingency reserve valuation, containing the information reported in accordance with what is defined in the immediate preceding item 1, must be sent as part of the RR3CNTCV product, for which it must be renamed as follows:
The name must be composed of 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CNTCVRES " .
b)
In the twelfth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: " S "
Company Number: " 0056 "
Day: " 30 "
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
C
N
T
C
V
R
E
S
S
0
0
5
6
2
0
1
3
0
6
3
0
.XLS
3.- Certification document of the contingency reserve valuation signed by the actuary responsible for it.
Certification document corresponding to the contingency reserve signed by the responsible actuary.
The PDF format file for each operation must contain the name and electronic signature of the actuary or licensed actuary responsible for the valuation, professional license number, number of the current certification issued by the professional college of the specialty or the Commission's accreditation required for the preparation and signing of the technical reserve valuation, in compliance with what is provided in article 216 of the LISF.
The name of the magnetic file in PDF format must be composed of 26 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file or files must be written:
" RR3CNTCVCER "
b)
In the twelfth and thirteenth positions, the certification key must be written.
Certification Key
Description
01
Life
02
Accidents and Diseases
03
Property Damage
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Company Key: " S "
Company Number: " 0056 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
C
N
T
C
V
C
E
R
0
3
S
0
0
5
6
2
0
1
3
0
6
3
0
INFORMATION WITH ANNUAL SUBMISSION FREQUENCY
The information of the valuation of the contingency reserve of each line or type of insurance, with annual submission frequency, will consist of the following:
The RR3CNTDT product, which will contain the files with the explanatory documents of the methodological detail of the contingency reserve valuation, in PDF format, as well as the Excel files corresponding to the cited methodological detail, referred to in the immediate following items 1 and 2. This product must be sent and encrypted in a file in .ZIP.PGP format, whose name must be composed of 21 alphanumeric characters, ordered as follows:
a)
In the first eight positions, the specific identifier of the product must be written:
" RR3CNTDT "
b)
In the ninth position, the company type key must be written:
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
c)
From the tenth to the thirteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros to occupy the four positions.
d)
From the fourteenth to the seventeenth positions, the year must be written.
e)
In the eighteenth and nineteenth positions, the month being reported must be written.
f)
In the twentieth and twenty-first positions, the day of the month being reported shall be indicated.
Example:
Company Key: " S "
Company Number: " 0056 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
C
N
T
D
T
S
0
0
5
6
2
0
1
3
1
2
3
1
.ZIP
.PGP
- Files with the explanatory documents of the methodological detail of the valuation of the contingency reserve
The explanatory document of the development, hypotheses and results of the application of the methods to obtain the PML of each line or type of insurance will be sent in PDF format and its name must be integrated with 26 alphanumeric characters, ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CNTDTPML "
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Line
01
Life
02
Personal Accidents
03
Medical Expenses
04
Maritime and Transport
05
Fire
06
Automobiles
07
Various
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 06 (Automobiles)
Company Key: " S "
Company Number: " 0056 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
C
N
T
D
T
P
M
L
0
6
S
0
0
5
6
2
0
1
3
1
2
3
1
2.- Excel files corresponding to the methodological detail of the valuation of the contingency reserve
Summary of the determination of the maximum probable loss for mutual societies in Excel format, whose names must be integrated with 26 alphanumeric characters, which must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CNTDTPML "
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Line
01
Life
02
Personal Accidents
03
Medical Expenses
04
Maritime and Transport
05
Fire
06
Automobiles
07
Various
c)
In the fourteenth position, the company type key must be written.
Key
Definition
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 06 (Automobiles)
Company Key: " S "
Company Number: " 0056 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
C
N
T
D
T
P
M
L
0
6
S
0
0
5
6
2
0
1
3
1
2
3
1
.XLS
V.- Special technical reserve for the use of experimental rates
Information with quarterly delivery frequency
The valuation of the special technical reserve for the use of experimental rates of each line or type of insurance, with quarterly delivery frequency, will consist of the following:
The product RR3ESPCV, which will contain the text files of the valuation of the special technical reserve for the use of experimental rates, the Excel format file corresponding to the summary of the valuation of the special technical reserve for the use of experimental rates and the corresponding certification document signed by the actuary responsible for it, referred to in the immediate numerals 1, 2 and 3 below. This product must be sent and encrypted as follows:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated with 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
" RR3ESPCV " .
c)
In the ninth position, the company type key must be written:
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the tenth to the thirteenth positions, the number assigned to the Insurance Institution or Mutual Society in question must be written. This number must be preceded by zeros until it occupies the four positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being reported must be indicated.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
E
S
P
C
V
S
0
0
0
9
2
0
1
3
1
2
3
1
.ZIP
.PGP
1.- Valuation of the special technical reserve for the use of experimental rates
2 reports in text file format, of the results of the valuation of each line or type of insurance,
whose names must be integrated with 26 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3ESPCVRES " .
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Description
01
Special reserve for the use of experimental rates
02
Responsible parties
c)
In the fourteenth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the
society in question must be written. This number must be preceded by zeros until it occupies the four
positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Report: 1
Company Key: " S "
Company Number: " 0001 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
E
S
P
C
V
R
E
S
0
1
S
0
0
0
1
2
0
1
3
0
6
3
0
.TXT
The reports of the results of the valuation of the special technical reserve for the use of experimental rates
will contain the fields described below, which must be reported in a matrix array in
which each listed field must be delimited by the character known as pipe ( " | " ) to the left and
right of each field, except for the first and last of these, in which case they must only be delimited
by pipes to the right and left, respectively.
The number of fields and records will be fixed, so, when a field is not applicable in
a certain report, it must be left empty.
The figures must be reported in national currency at the exchange rate corresponding to the currency or
monetary unit in question, on the valuation date. For these purposes, the value of the
exchange rate of the index or currency in question, published in the Official Gazette of the Federation on the date of
valuation, must be used.
a) Reports of " Special technical reserve for the use of experimental rates "
This report must contain 169 records with the following information regarding the special technical
reserve for the use of experimental rates.
Field 1:
Line.-
It must report in each record the line or type of insurance that corresponds
to each operation, as indicated below.
Records
Field 1
1 to 13
Life
14 to 26
Personal Accidents
27 to 39
Medical Expenses
40 to 52
Civil Liability and Professional Risks
53 to 65
Maritime and Transport
66 to 78
Fire
79 to 91
Agricultural and Animal
92 to 104
Automobiles
105 to 117
Credit
118 to 130
Surety
131 to 143
Housing Credit
144 to 156
Financial Guarantee
157 to 169
Various
Field 2:
Year.-
It must report:
For records 1, 14, 27, 40, 53, 66, 79, 92, 105, 118, 131, 144 and 157, the year
immediately preceding the exercise being reported;
For records other than 1, 14, 27, 40, 53, 66, 79, 92, 105, 118, 131, 144 and 157,
it must capture the year of the exercise being reported.
Field 3:
Month.-
Consecutively, for records 1 to 13, 14 to 26, 27 to 39, 40 to 52, 53 to
65, 66 to 78, 79 to 91, 92 to 104, 105 to 117, 118 to 130, 131 to 143, 144 to 156 and 157
to
169, the month to which the information being reported corresponds must be reported,
as shown below:
Record of
range
Field 3
1
Dec
2
Jan
3
Feb
4
Mar
5
Apr
6
May
7
Jun
8
Jul
9
Aug
10
Sep
11
Oct
12
Nov
13
Dec
In this sense, by way of example, for the closing of the 2015 exercise, fields 1, 2 and 3, for the
records 92 to 117 must present the following content.
Reg.
Field 1
Field 2
Field 3
...
...
...
92
Automobiles
2014
Dec
93
Automobiles
2015
Jan
94
Automobiles
2015
Feb
95
Automobiles
2015
Mar
96
Automobiles
2015
Apr
97
Automobiles
2015
May
98
Automobiles
2015
Jun
99
Automobiles
2015
Jul
100
Automobiles
2015
Aug
101
Automobiles
2015
Sep
102
Automobiles
2015
Oct
103
Automobiles
2015
Nov
104
Automobiles
2015
Dec
105
Credit
2014
Dec
106
Credit
2015
Jan
107
Credit
2015
Feb
108
Credit
2015
Mar
109
Credit
2015
Apr
110
Credit
2015
May
111
Credit
2015
Jun
112
Credit
2015
Jul
113
Credit
2015
Aug
114
Credit
2015
Sep
115
Credit
2015
Oct
116
Credit
2015
Nov
117
Credit
2015
Dec
...
...
...
Field 4:
Accrued retained risk premiums.- It must correspond to the amount of the premium
of
risk accrued retained from issued policies, integrated by the sum of
the
risk premium
accrued retained from each of the policies, certificates,
or endorsements issued.
Field 5:
Claims retained at the end of the exercise.- The amount of the claims
retained registered at the end of the exercise in question (including adjustments) must be reported.
Field 6:
Financial products of the month.- It is the amount of financial products generated
during the month by the investment of the reserve.
Field 7:
Impact on the reserve.- It is the total amount with which the
month end of the exercise affected the special technical reserve for the use of experimental rates at the end
of the month.
Field 7:
Reserve balance at the end of the month.- It is the amount of the special technical reserve for the use of
experimental rates, at the end of the month in question, after the corresponding impacts.
It should be noted that in the record corresponding to the month of December of the year immediately preceding the exercise
of report, only fields 1, 2, 3 and 8 must be reported.
Likewise, in the corresponding records from January to November, only the
fields 1, 2, 3, 4, 6 and 8 must be reported.
Meanwhile, in the record corresponding to the month of December of the year of the exercise of report, all fields (1 to 8) described in this subsection must be reported.
In each record, the information reported in fields 4 to 8, as applicable, must correspond to
what is reported in fields 1, 2 and 3 .
a) Report of " Responsible parties "
This report must contain 6 records, in each of which the following information of the official of the Insurance Institution or Mutual Society must be reported, responsible for the valuation of
the special technical reserve for the use of experimental rates, as well as the actuaries who certify such
valuations, for each of the operations.
Field 1:
Responsible.- It must report, for each record, the requested information of the official
responsible for the technical area or the certifying actuary, as appropriate, according to
the following:
Record
Field 1
1
Official responsible for the technical area
2
Certifying actuary 1
3
Certifying actuary 2
4
Certifying actuary 3
5
Certifying actuary 4
6
Certifying actuary 5
Field 2:
Name.- The name of the official or certifying actuary must be reported.
Field 3:
Position.- The position of the official or certifying actuary must be reported.
Field 4:
Telephone.- The contact telephone of the official or certifying actuary must be reported.
Field 5:
Email.- The email of the official or certifying actuary must be reported.
Field 6:
Reserve(s) to certify.- In the case of the certifying actuary(ies), it must indicate,
the operation in which the reserve in question is being certified.
In each record, the information reported in fields 2 to 6 must correspond to what is reported
in field 1 .
2.- The Excel format file corresponding to the summary of the valuation of the special technical
reserve for the use of experimental rates
The text files of the valuation of the special technical reserve for the use of experimental rates
referred to in the immediate numeral 1 above, must be generated using the Excel format file corresponding to the summary of the valuation of the special technical reserve for the use of experimental rates, which will be available, as well as its respective user manual, on the Commission's Website ( www.cnsf.gob.mx ) with the name " RR3ESPCVRES.xls " .
The Excel format file corresponding to the summary of the valuation of the special technical reserve for
the use of experimental rates, containing the information reported as defined in the immediate numeral 1
above, must be sent as part of the product RR3ESPCV, for which it must be renamed as follows:
The name must be integrated with 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3ESPCVRES " .
b)
In the twelfth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
c)
From the thirteenth to the sixteenth positions, the number assigned to the
Insurance Institution or Mutual Society in question must be written. This number must
be preceded by zeros until it occupies the four positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being reported must be written.
Example:
Company Key: " S "
Company Number: " 0009 "
Day: " 30 "
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
E
S
P
C
V
R
E
S
S
0
0
0
9
2
0
1
3
0
6
3
0
.XLS
3.- Certification document corresponding signed by the actuary responsible for the
valuation of the special technical reserve for the use of experimental rates
Certification letter corresponding to the special technical reserve for the use of experimental rates,
signed by the responsible actuary.
The PDF format file for each operation must contain the name and electronic signature of the actuary
or licensed actuary responsible for the valuation, professional license number, number of the current certification
issued by the professional college of the specialty or the accreditation of the Commission required for
the preparation and signing of the technical reserve valuation, in compliance with what is provided in article 216
of the LISF.
The name of the magnetic file in PDF format must be integrated with 26 alphanumeric characters that
must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3ESPCVCER "
b)
In the twelfth and thirteenth positions, the certification key must be written.
Key
detail
Description
01
Life
02
Accidents and diseases
03
Damages
c)
In the fourteenth position, the company type key must be written.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
G
Insurance Institutions authorized to operate financial guarantee insurance.
V
Insurance Institutions authorized to operate housing credit insurance.
S
Other Insurance Institutions and Mutual Societies.
d)
From the fifteenth to the eighteenth positions, the number assigned to the
Insurance Institution or Mutual Society in question must be written. This number must
be preceded by zeros until it occupies the four positions.
e)
From the nineteenth to the twenty-second positions, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being reported must be written.
Example:
Certification document of the damage operation.
Company Key: " S "
Company Number: " 0009 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
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R
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S
P
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3
S
0
0
0
9
2
0
1
3
0
6
3
0
VI.- Specific technical reserves
Information with quarterly delivery frequency
Institutions and Mutual Societies, except those authorized for the practice of pension insurance derived from
social security laws as well as those authorized to practice exclusively reinsurance, will carry out the delivery of the report referred to in this section through the product
RR3RTESP, which must be identified according to the following 21-character alphanumeric nomenclature that must be ordered as follows:
a)
In the first eight positions, write: RR3RTESP.
b)
In the ninth position, write the company type key.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
S
Insurance Institutions authorized to operate financial guarantee insurance.
G
Insurance Institutions authorized to operate housing credit
insurance.
V
Other Insurance Institutions and Mutual Societies.
c)
From the tenth to the thirteenth positions, write the number assigned to the Institution or
Mutual Society in question. This number must be preceded by zeros until it occupies
the four positions.
d)
From the fourteenth to the twenty-first positions, indicate the date to which
the report referred to in this section corresponds, indicating the year, month and day.
Example:
In the case of the Insurance Institution with company key 0001, the product RR3RTESP, with date
of report December 31, 2013, the name of the product must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Character
R
R
3
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T
E
S
P
S
0
0
0
1
2
0
1
3
1
2
3
1
.ZIP
.PGP
The information contained in the product must be reported in an Excel format file, with the
quarterly information of the register, of the specific technical reserve for pending obligations derived from a claim, ordered by CONDUSEF, as well as the cancellation of such reserves or
in case the report that they did not receive letters ordering them to constitute any specific technical reserve.
The file mentioned will be identified with a nomenclature of 21 alphanumeric characters according to
the following:
a)
In the first eight positions, write: RR3RTESP.
b)
In the ninth position, write the company type key.
Key
Definition
H
Insurance Institutions authorized to operate health insurance.
S
Insurance Institutions authorized to operate financial guarantee insurance.
G
Insurance Institutions authorized to operate housing credit
insurance.
V
Other Insurance Institutions and Mutual Societies.
c)
From the tenth to the thirteenth positions, write the number assigned to the Institution or
Mutual Society in question. This number must be preceded by zeros until it occupies
the four positions.
d)
From the fourteenth to the twenty-first positions, indicate the date on which
the notice is made, indicating the year, month and day.
Example:
For the case of the Insurance Institution with company key 0001, to send the file of the
product
RR3RTESP with date of December 31, 2013, the name of the product must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Character
R
R
3
R
T
E
S
P
S
0
0
0
1
2
0
1
3
1
2
3
1
.
XLSX
General Considerations
The minimum data that the Excel file must contain will be presented in columns, with the
information detailed below:
I.
Name of the insured;
II.
Number of the letter sent by CONDUSEF for its constitution;
III.
Amount of the specific technical reserve ordered;
IV.
Date of the order letter for constitution;
V.
Date of receipt of the order letter for constitution;
VI.
Number of the journal voucher for the registration of the reserve;
VII.
Date of the journal voucher for the registration of the reserve;
VIII.
Amount constituted;
IX.
Number of the journal voucher for the cancellation of the reserve;
X.
Date of the journal voucher for the cancellation of the reserve;
XI.
Amount cancelled;
XII.
Reason for cancellation, and
XIII.
Observations.
In the case of surety reserves in force and contingency of Surety Institutions
Surety Institutions Information Delivery Control Report
Quarterly, the product RR3CERTF must be sent, which must contain the Excel format file corresponding to the information delivery control report, in accordance with what is indicated below:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
The first eight positions will correspond to the specific identifier of the product:
" RR3CERTF " .
c)
In the ninth position, the company type key must be written:
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
d)
From the tenth to the thirteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being
reported must be indicated.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
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E
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T
F
F
0
0
0
1
2
0
1
3
0
6
3
0
.ZIP
.PGP
The Excel format file corresponding to the information delivery control
The Excel format file corresponding to the information delivery control report will be
available, as well as its respective user manual, on the Commission's Website ( www.cnsf.gob.mx )
with the name " RR3CERTF.xls " . For its sending, this file must be renamed according to the following:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3CERTFFMT " .
b)
In the twelfth position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
c)
From the thirteenth to the sixteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being
reported must be written.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: " 30 "
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
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F
F
M
T
F
0
0
0
1
2
0
1
3
0
6
3
0
.XLS
The Excel format corresponding to the information delivery control report, must be filled
in according to the following:
i)
The information contained in the cells of the column named " Report " , will be relative to the
names of all the reports indicated in the present Regulatory Report, which can be
delivered by Surety Institutions.
ii)
For each row, each cell of the column named " Delivered " , must be filled with the
text " YES " , in case the report whose name is indicated in the same row in the column
" Report " , is sent by the Institution in the quarter or closing of the exercise in question; in case
otherwise, the cell of the column named " Delivered " must be filled with the text " NO " .
Information with quarterly delivery periodicity
The valuation of surety reserves in force and contingency for each surety line of business with
quarterly delivery periodicity will consist of the following:
The product RR3RTFCV, which must contain the text files of the valuation of the reserves
of surety in force and contingency, the Excel format file corresponding to the summary of the valuation
of surety reserves in force and contingency, as well as the corresponding certification document,
signed by the actuary responsible for them, referred to in the immediate numerals 1, 2 and 3 below.
This product must be sent in accordance with the following:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format , whose
name must be integrated by 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific identifier of the product must be written:
" RR3RTFCV " .
c)
In the ninth position, the company type key must be written:
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
d)
From the tenth to the thirteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
In the eighteenth and nineteenth positions, the month being reported must be written.
g)
In the twentieth and twenty-first positions, the last day of the month being
reported must be indicated.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
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R
3
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.ZIP
.PGP
1.- Text files of the valuation of surety reserves in force and contingency
5 reports in text file format, of the results of the valuation of the technical reserves of
surety in force and contingency of each surety line of business, whose names must be integrated by 26
alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3RTFCVRES " .
b)
In the twelfth and thirteenth positions, the report key must be written.
Report Key
Description
01
Surety reserves in force of direct operation and of
assumed re-surety
02
Surety reserves in force of direct operation and of
assumed re-surety, by currency
03
Contingency reserve
04
Triangles of paid claims
05
Triangles of guarantee recovery
c)
In the fourteenth position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
d)
From the fifteenth to the eighteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
e)
From the nineteenth to the twenty-second position, the year must be written.
f)
In the twenty-third and twenty-fourth positions, the month being reported must be written.
g)
In the twenty-fifth and twenty-sixth positions, the last day of the month being
reported must be written.
Example:
Report: 1
Company Key: " F "
Company Number: " 0001 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
R
R
3
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T
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E
S
0
1
F
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6
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0
.TXT
Each of the result reports indicated above, will contain the fields described below for each of them, which must be reported in a matrix array in which each listed field must be delimited by the character known as pipe ( " | " ) to the left and right of each field, except for the first and the last of these, in which case they must only be delimited by pipes to the right and left, respectively. Each record will correspond to the detail of the information by
line of business or type of insurance, according to each operation.
The number of fields and records will be fixed and will depend on each report, therefore, when a field
is not applicable in a certain report, it must be left empty.
The figures must be reported in national currency at the exchange rate corresponding to the currency or
monetary unit in question, on the valuation date. For these purposes, the value of the exchange rate of the index or currency in question, published in the Official Gazette on the valuation date, must be used.
a) Report of " Surety reserves in force of direct operation and assumed re-surety "
This report must contain 18 records with the following information regarding the surety reserve in
force, from direct operation, assumed and recoverable amounts, which is defined below and disaggregated according to the types of sureties corresponding to each operation.
Field 1:
Line of business or sub-line.- It must report in each record the line of business or sub-line that corresponds,
as indicated in the definition of records that follows the present definition of
fields.
Example.
Field 1, in record 6, must contain the text:
Non-criminal judicial sureties
Field 2:
Reserve premium.- It must correspond to the amount of the reserve premium of the policies
in force of direct operation, integrated by the sum of the reserve premium of each one
of the policies and their movements in force. In the case of policies of the fidelity line of business
and the judicial sub-line that cover automobile drivers, it must report in
this field what corresponds to the unearned reserve premium on the reporting date.
Field 3:
Administrative expenses.- It must report the amount of administrative expense of the
policies in force of direct operation, integrated by the sum of the administrative expense
of each one of the policies and their movements in force. In the case of policies of the fidelity line of business
and the judicial sub-line that cover automobile drivers,
it must report in this field what corresponds to the administrative expense not
earned on the reporting date.
Field 4:
Surety reserves in force.- It refers to the amount of the surety reserve in force of the
direct operation, which incorporates the sum corresponding to the reserve premium and the administrative expense.
Field 5:
Recoverable reinsurance amounts.- It must report the recoverable amounts of the
reinsurance ceded considering the probability of default.
Field 6:
Reserve premium
of assumed re-surety.- It must correspond to the amount of the
reserve premium of the policies in force of the assumed re-surety, integrated by the
sum of the reserve premium of each one of the policies and their movements in force. In the
case of policies of the fidelity line of business and the judicial sub-line that cover
automobile drivers, it must report in this field what corresponds to the reserve premium
unearned on the reporting date.
Field 7:
Administrative expenses of assumed re-surety.- It must report the amount of
administrative expense of the policies in force of the assumed re-surety, integrated by
the sum of the administrative expense of each one of the policies and their movements in
force. In the case of policies of the fidelity line of business and the judicial sub-line that
cover automobile drivers,
it must report in this field what corresponds to the unearned annual administrative expense on the reporting date.
Field 8:
Surety reserves in force of assumed re-surety.- It refers to the amount of the
surety reserves in force of the assumed re-surety, which incorporates the sum
corresponding to the reserve premium and the annual administrative expense.
Field 9:
Recoverable reinsurance amounts corresponding to assumed re-surety.-
It must report the recoverable amounts of the reinsurance considering the probability of
default, corresponding to the assumed re-surety operation.
In each record, the information reported in fields 2 to 9, must correspond to the line of business or
sub-line reported in field 1, as defined below:
Record 1:
Total fidelity surety reserves: The totals of the information
corresponding to individual and collective fidelity sureties will be reported.
Record 2:
Individual fidelity sureties: The information corresponding to the
individual surety policies of the fidelity line of business will be reported.
Record 3:
Collective fidelity sureties: The information corresponding to the
collective surety policies of the fidelity line of business will be reported.
Record 4:
Total judicial surety reserves: The totals of the information
corresponding to the judicial surety line of business will be reported.
Record 5:
Criminal judicial sureties: The information corresponding to the policies of
criminal judicial sureties will be reported.
Record 6:
Non-criminal judicial sureties: The information corresponding to the policies of
non-criminal judicial sureties will be reported.
Record 7:
Judicial sureties cov. auto drivers: The information corresponding to
the policies of judicial sureties that cover motor vehicle drivers will be reported.
Record 8:
Total administrative sureties: The totals of the information corresponding
to the administrative surety policies will be reported.
Record 9:
Construction sureties: The information corresponding to the policies of
administrative construction sureties will be reported.
Record 10:
Supply sureties: The information corresponding to the policies of
administrative supply sureties will be reported.
Record 11:
Tax sureties: The information corresponding to the policies of
administrative tax sureties will be reported.
Record 12:
Lease sureties: The information corresponding to the policies of
administrative lease sureties will be reported.
Record 13:
Other administrative sureties: The information corresponding to other
administrative surety policies will be reported.
Record 14:
Total credit sureties: The totals of the information corresponding to the
policies of credit sureties will be reported.
Record 15:
Supply sureties: The information corresponding to the policies of
supply sureties of the credit line of business will be reported.
Record 16:
Purchase-sale sureties: The information corresponding to the policies of
purchase-sale sureties of the credit line of business will be reported.
Record 17:
Financial sureties: The information corresponding to the policies of financial
sureties of the credit line of business will be reported.
Record 18:
Other credit sureties: The information corresponding to other credit surety
policies of the credit line of business will be reported.
b) Reports of " Surety reserves in force of direct operation and assumed re-surety,
by
currency "
This report must contain 18 records with the following information, regarding the surety reserve in
force, from direct and assumed operation by currency and disaggregated according to the lines of business
and sub-lines that were defined in subsection a) of this numeral.
Field 1: Line of business or sub-line.- It must report in each record the line of business or sub-line that corresponds,
as indicated in the definition of records established in subsection a) of this numeral, for the case
of direct information and assumed re-surety.
Example.
Field 1, in record 6, must contain the text:
Non-criminal judicial sureties
Field 2:
Surety reserves in force denominated in national currency.- It refers to the amount
of the surety reserves in force of direct and assumed operation denominated in
national currency.
Field 3:
Surety reserves in force denominated in foreign currency.- It refers to
the amount of the surety reserves in force of direct and assumed operation denominated in
foreign currency.
Field 4:
Surety reserves in force denominated in units indexed to inflation.-
It
refers to the amount of the surety reserves in force of direct and assumed operation
denominated in units indexed to inflation.
Field 5:
Total surety reserves in force.- It refers to the total amount of the surety reserves in
force of direct and assumed operation. In this context, this field, in each record,
must contain the result of adding the content of fields 2, 3 and 4 in the record
corresponding.
Field 6:
Recoverable reinsurance amounts denominated in national currency.- It must
report the recoverable amounts of the reinsurance ceded of direct and assumed operation,
corresponding to sureties in force denominated in national currency.
Field 7:
Recoverable reinsurance amounts denominated in dollars.- It must report the
recoverable amounts of the reinsurance ceded of direct and assumed operation,
corresponding to sureties in force denominated in foreign currency.
Field 8:
Recoverable reinsurance amounts denominated in Indexed Units.- It must
report the recoverable amounts of the reinsurance ceded of direct and assumed operation,
corresponding to sureties in force denominated in indexed currency.
Field 9:
Total recoverable amounts.- It refers to the total amount of the recoverable amounts of
direct and assumed operation. In this context, this field, in each record, must
contain the result of adding the content of fields 6, 7 and 8 in the record
corresponding.
c) Reports of " Contingency reserve "
The report must contain 13 records with the following information regarding the contingency reserve,
detailed by year and month.
Field 1:
Year.- The first record must contain the number of the year corresponding to the closing
immediately prior to the year being reported; while records 2 to 13, must
contain the year number being reported.
Field 2:
Month.- Each record must contain the text corresponding according to the following
relationship:
Record
Content
1
Dec
2
Jan
3
Feb
4
Mar
5
Apr
6
May
7
Jun
8
Jul
9
Aug
10
Sep
11
Oct
12
Nov
13
Dec
Field 3:
Increase to the contingency reserve of fidelity sureties.- It must report the
increase to the contingency reserve of fidelity sureties that corresponds to each
month of the exercise being reported, that is, at the close of the first quarter it must report the
corresponding increase of the months of January, February and March; at the close of the second
quarter it must report the corresponding increase of the months of January to June, etc.
Field 4:
Increase to the contingency reserve of judicial sureties.- It must report the
increase to the contingency reserve of judicial sureties, in the same terms as the
previous field.
Field 5:
Increase to the contingency reserve of administrative sureties.- It must report
the increase to the contingency reserve of administrative sureties, in the same terms
as field 3 above.
Field 6:
Increase to the contingency reserve of credit sureties.- It must report the
increase to the contingency reserve of credit sureties, in the same terms as the
previous field.
Field 7:
Total increase to the contingency reserve.- It refers to the total amount of increase
to the contingency reserve.
Field 8:
Financial products of the month.- It is the amount of financial products generated
during the month by the investment of the reserve.
Field 9:
Impact on the contingency reserve:
It is the total amount with which it has been affected
during the month
the contingency reserve.
Field 10:
Balance of the reserve at the close of the month:
It is the amount of the contingency reserve, at the
close of the month in question, after the corresponding impacts.
Field 11:
Limit of the contingency reserve: The maximum amount of the reserve
of contingency, calculated in accordance with current regulation, must be reported.
It should be noted that in the record corresponding to the month of December of the year immediately prior to the exercise
of reporting, only fields 1, 2, 10 and 11 must be reported.
d) Report of " Triangles of paid claims "
This report must contain, for each type of surety, the information relative to the paid claims
of the Institution, classifying them in a matrix array, by origin year and development year, as
indicated below:
Field 1:
Line of business.- It must report in each record the line of business that corresponds, according to the
following catalog.
Line of business
Fidelity
Judicial
Administrative
Credit
It should be noted that the information of the same line of business must be presented in records
consecutive, additionally preserving the order of the lines of business as established in the
catalog above.
Field 2:
Sub-line.- It must report in each record the sub-line that corresponds according to the
following catalog.
Line of business
Sub-line
Fidelity
Collective
Fidelity
Individual
Fidelity
Special
Judicial
Judicial sureties that cover
drivers of motor vehicles
Judicial
Non-criminal
Judicial
Criminal
Judicial
Special
Administrative
Lease
Administrative
Tax
Administrative
Construction
Administrative
Other administrative sureties
Administrative
Supply
Administrative
Special
Credit
Purchase-sale
Credit
Financial
Credit
Other credit sureties
Credit
Supply
Credit
Special
It should be noted that the information of the same line of business and sub-line must be presented in records
consecutive, additionally preserving the order of the lines of business and sub-lines as established in the
catalog above.
Field 3:
Type.- It must report, in each record, the type of surety that corresponds, according to the
following catalog.
Line of business
Sub-line
Types of surety
Concept
Fidelity
Individual
Administrative personnel
These are sureties that guarantee the payment
of the repair of the damage that may be incurred by an employee who has
a labor relationship (contractual or
derived from the law) with another, derived
from the commission of any crime of
patrimonial nature on goods or
rights, property of this or,
on goods or rights that have been entrusted to him and of which he is
legally or contractually
responsible.
Fidelity
Individual
Salespeople
These are sureties that guarantee the payment
of the repair of the damage that may be incurred by a seller who has
a specific employment relationship of
sales (contractual or derived from the
law) with another, derived from the
commission of any crime of
patrimonial nature regarding goods or
rights, owned by it or,
regarding goods or rights that have been
entrusted to it and of which it is
legally or contractually
responsible.
Fidelity
Individual
Insurance and/or
surety agents
Guarantees the compliance with the
liabilities they may incur towards the
public user, in the
performance of their intermediation activities.
Fidelity
Collective
Cédula
These are sureties based on the
issuance of a single policy in which
a single group of employees is included, which may be people
who hold different positions and with individual amounts also
different. The positions covered by
this product are the following:
Administrative Staff, Salespeople
and Insurance and Surety Agents.
Fidelity
Collective
Global traditional
These are sureties based on the
issuance of a single policy with a
single amount for all
bonded employees, excluding
commission agents and sales agents.
Fidelity
Collective
Global integral
These are sureties based on the
issuance of a single policy with a
single amount for all
bonded employees, including
salespeople and employees.
Fidelity
Collective
Single amount for
salespeople
These are sureties based on the
issuance of a single policy that
covers the liabilities of
salespeople, commission agents or
persons who perform
activities similar to them,
with an amount for each and every
one of them.
Fidelity
Collective
Combined coverage
These are sureties based on a
policy in which each employee
has an individual amount and a maximum
cap to be paid according to the
number of bonded personnel.
Fidelity
Special
NA
Will indicate those sureties that by
their characteristics cannot be
considered in the definitions
above.
Judicial
Penal
Provisional release
Guarantees the freedom and the
compliance with the obligations
decreed by the Judge while the
process lasts.
Judicial
Penal
Preparatory release
Guarantees the freedom and the
compliance with the obligation to
appear before the authority
during the time remaining for the
full fulfillment of their sentence.
Judicial
Penal
Conditional sentence
Guarantees the freedom and the
compliance with the obligations
decreed by the Judge when granting
freedom, through conditional
sentence.
Judicial
Penal
Damage repair
Guarantees the payment of the
damage repair that the bonded party
allegedly caused while its legal status is determined before the
Public Ministry or before the
Competent Judicial Authority that
gives rise to a criminal process.
Judicial
Penal
Monetary sanctions
Guarantees the payment of the fines
imposed subject to litigation or of
fines that might be incurred in the
future, in case of non-compliance
of
the obligations undertaken by the
bonded party in connection with procedures,
processes or judicial resolutions.
Judicial
Non-penal
NA
Guarantees the damages and losses
derived from the Law of Trials and
procedures in civil,
commercial, family, labor,
amparo matters, etc.
Judicial
Judicial that
cover drivers
of automobiles
NA
Guarantees the provisional freedom of
the bonded parties derived from the imprudent crimes
caused by the traffic of vehicles.
Judicial
Special
v
Will indicate those sureties that by
their characteristics cannot be
considered in the definitions
above.
Administrative
Work
Competitions or bidding
Guarantees the maintenance of the
offer presented by the bonded party, in case
of being declared the winner and the contract is awarded to it.
Administrative
Work
Compliance
Guarantees the total or
partial compliance with the obligations
stipulated in a contract, the
correct execution and timely
delivery.
Administrative
Work
Advance
Guarantees the proper use and correct
application of the advance or in its
default the total or partial
return of the same that the beneficiary delivers to the bonded party, to carry out the
execution of the obligations
stipulated in a contract.
Administrative
Work
Good quality
Guarantees the repair of the
defects or hidden flaws in the
works executed by the bonded party.
Administrative
Work
Indemnities and/or
conventional penalties
Guarantees the payment of the
indemnities and/or conventional
penalties that derive from the
non-compliance with the obligations
that are stipulated in a contract.
Administrative
Supply
Competitions or bidding
Guarantees the maintenance of the
offer presented by the bonded party, in case
of being declared the winner and the order or service provision contract is awarded to it.
Administrative
Supply
Compliance
Guarantees the total or
partial compliance with the obligations
stipulated in an order or service provision contract, the
correct execution and timely
delivery.
Administrative
Supply
Advance
Guarantees the proper use and correct
application of the advance or in its
default the total or partial
return of the same that the beneficiary delivers to the bonded party, to carry out the
execution of the obligations
stipulated in an order or service provision contract.
Administrative
Supply
Good quality
Guarantees the repair of the
defects or hidden flaws in the
works executed by the bonded party.
Administrative
Supply
Indemnities and/or
conventional penalties
Guarantees the payment of the
indemnities and/or conventional
penalties that derive from the
non-compliance with the obligations
that are stipulated in an order or
service provision contract.
Administrative
Fiscal
Temporary importation
Guarantees before the SHCP, the
fiscal obligations that result to the
charge of the bonded party, due to the violation of the
dispositions in customs matters regarding the
temporary importation of movable goods.
Administrative
Fiscal
Definitive importation
Guarantees before the SHCP, the
fiscal obligations that result to the
charge of the bonded party, due to the violation of the
dispositions in customs matters regarding the
definitive importation of movable goods.
Administrative
Fiscal
Temporary importation of
vehicles
Guarantees before the SHCP, the
fiscal obligations that result to the
charge of the bonded party, due to the violation of the
dispositions in customs matters regarding the
temporary importation of the vehicle in its possession.
Administrative
Fiscal
Fiscal disagreements
(taxes, duties,
fines, tariff controversies,
etc.)
Guarantees before the IMSS, SHCP
or
INFONAVIT, the possible taxes,
duties, tariff controversies,
fines, employer-employee contributions, contributions, etc. that might result to the
charge of the bonded party,
while the administrative procedure
filed against the
payment demand is resolved.
Administrative
Fiscal
Payment agreements in
installments before the IMSS
Guarantees before the IMSS the payment of
employer-employee contributions, derived from
the agreement for such effect that has been
celebrated with our bonded party.
Administrative
Fiscal
Payment agreements in
installments before
INFONAVIT
Guarantees before the INFONAVIT payment
of contributions derived from the
agreement for such effect that has been
celebrated with our bonded party.
Administrative
Fiscal
Other payment agreements
in installments
Guarantees before the beneficiary, the
payment of debts that derive from the
agreement for such effect that has been
celebrated with our bonded party.
Administrative
Fiscal
Other fiscal (closure of
businesses, VAT refund,
etc.)
Guarantees before the SHCP various
fiscal obligations that might result to the
charge of the bonded party.
Administrative
Leasing
Real estate leasing
Guarantees the timely payment of rents for the period determined in the
leasing contract or in the
surety policy respectively.
Administrative
Leasing
Other leasing sureties
Guarantees the timely payment of rents for the period determined in the
leasing contract or in the
surety policy respectively,
related to movable goods.
Administrative
Other administrative
sureties
Customs brokers,
public brokers,
public notaries
Guarantees the possible
administrative liabilities that might result in the
performance of their function.
Administrative
Other administrative
sureties
Raffles and lotteries
Guarantees that the prizes are
awarded in accordance with the bases
established in the raffle or lottery.
Administrative
Other administrative
sureties
Land use
Guarantees the obligation of the bonded party to
dedicate the property in accordance with what the
authority has established.
Administrative
Other administrative
sureties
Sanitary licenses
Guarantees the compliance with the
responsibilities established for the
bonded party by the corresponding
authority.
Administrative
Other administrative
sureties
Various permits and concessions
Guarantees the compliance with the
obligations that derive from
concessions, permits and
authorizations granted to our
bonded party.
Administrative
Other administrative
sureties
Other administrative
These are sureties issued in favor
of companies such as: Deposit,
Mandate, Transport, Lodging,
Association, Commercial Consignment,
Intermediation or Brokerage,
Participation Association,
Commercial Concession, Commercial Agency and Franchises among others, and
that guarantee the compliance with
obligations of natural or legal persons,
derived from civil and commercial contracts.
Administrative
Other administrative
sureties
Commercial commission
Guarantees the total or
partial compliance with the obligations
undertaken in a Commercial Commission contract.
Administrative
Other administrative
sureties
Ticket handling
Guarantees the total or
partial compliance with the obligations
undertaken in the Commercial Commission contract that Travel Agencies
celebrate with companies dedicated to land,
air, sea, rail transport, etc.
Administrative
Special
NA
Will indicate those sureties that by
their characteristics cannot be
considered in the definitions
above.
Credit
Supply
Lubricants
Guarantees the payment of the products
(lubricants, oils, greases, etc.)
supplied by the beneficiary
up to the amount equivalent to the
individual credit line fixed by the
beneficiary itself to each bonded party
expressed in the contract celebrated
between them.
Credit
Supply
Gas
Guarantees the payment of the products
(natural gas, L.P., etc.)
supplied by the beneficiary
up to the amount equivalent to the
individual credit line fixed by the
beneficiary itself to each bonded party
expressed in the contract celebrated
between them.
Credit
Supply
Gas stations
Guarantees the payment of the products
(manufactured by Pemex Refining and
commercialized habitually by the Gas Station, e.g. gasoline,
etc.) supplied by Pemex to the gas stations up to the
amount equivalent to the individual credit line fixed by the beneficiary itself to each
bonded party expressed
in the contract celebrated between them.
Credit
Supply
Refining
Guarantees the payment of the products
(diesel, asphalt, heavy fuel oil, etc.), supplied by the
beneficiary up to the
amount equivalent to the individual credit line fixed by the
beneficiary itself to each bonded party expressed
in the contract celebrated between them.
Credit
Supply
Asa supply
Guarantees before Aeropuertos y
Servicios Auxiliares, the timely payment of the goods or services that it supplies to the airline
companies both national and foreign.
Credit
Supply
Petrochemical
Guarantees the payment of the products
derived from Petrochemical
supplied by the beneficiary
up to the amount equivalent to the
individual credit line fixed by the
beneficiary itself to each bonded party
expressed in the contract celebrated
between them.
Credit
Supply
Other supplies
Guarantees before the Beneficiary the
credit granted for the supply of its products (in this case the
beneficiary will not be Pemex).
Credit
Purchase-sale
Purchase-sale
Guarantees before the creditor of the
purchase-sale contract, the timely payment of the goods or services
acquired in accordance with what
agreed between the seller and the
buyer.
Credit
Purchase-sale
Commercial distribution
Guarantees the payment of the goods
acquired in accordance with what
established in the commercial distribution contract celebrated
between the buyer and the seller.
Credit
Purchase-sale
Credit for the acquisition
of fixed assets or goods
of durable consumption
Guarantees before the institution that
grants the financing, the timely payment of the credit granted for the
acquisition of fixed assets or durable consumption goods
as the bonded party has agreed with said institution.
Credit
Purchase-sale
Credit for the acquisition
of real estate financed
by entities of the financial
group to which the
surety company in question belongs
Guarantees before the institution that
grants the financing, the timely payment of the credit granted for the
acquisition of real estate.
Credit
Financial
NA
Guarantees the payment of the products
(financial leasing;
discounts of credit titles or financial factoring contracts;
credits for the export and
import of goods and services;
documentary credits in titles
registered in the National Registry of
Securities and Intermediaries)
supplied by the beneficiary
up to the amount equivalent to the
individual credit line fixed by the
beneficiary itself to each bonded party
expressed in the contract celebrated
between them.
Credit
Other credit sureties
NA
Guarantees the payment of the products
(credits derived from special
support programs for micro and small enterprises that execute
national credit institutions)
supplied by the beneficiary
up to the amount equivalent to the
individual credit line fixed by the
beneficiary itself to each bonded party
expressed in the contract celebrated
between them.
Credit
Special
NA
Will indicate those sureties that by
their characteristics cannot be
considered in the definitions
above.
It should be noted that the information of the same branch, sub-branch and type must be presented in consecutive
records, additionally preserving, the order of the branches, sub-branches and types as established in the
previous catalog.
Field 4:
Year of origin.- The year of origin shall be reported as the year in which the validity
of the surety policies issued by the Institution began. The information will correspond to the last
10 calendar years; in this sense, for each branch, sub-branch and type of surety,
reported in fields 1, 2 and 3, in this field, the
values must be captured, in consecutive records:
Content
n-9
n-8
n-7
n-6
n-5
n-4
n-3
n-2
n-1
n
Where the value of n corresponds to the value of the most recent year that is reported.
Field 5:
Bonded amount subscribed.- Refers to the sum of bonded amounts of the policies that
were subscribed during each fiscal year, of the direct operation, for each year of origin.
It is important to clarify that these are not the liabilities for sureties in force at the close of the
fiscal year, but all those that were subscribed during each fiscal year, that is, it refers
to the accumulation of the bonded amounts, for which the surety company
became responsible at some point during the year.
Fields 6 to 15:
Development periods from 0 to 9.- It must be reported in each record, in fields
6 to 15, the amount of paid claims of the direct operation,
corresponding to the branch, sub-branch, type of surety and year of origin that are reported in
fields 1, 2, 3 and 4 of said record. In such a way, in field 6 whose year of
development to report is year 0, the paid claims that
were registered in the same year in which the surety was subscribed must be reported; in field 7 whose
development year is year 1, the paid claims that
were registered accounting-wise in the fiscal year following the fiscal year in which the
surety was subscribed must be reported. Likewise, fields 8 to 15, will be filled under the same criterion
indicated for fields 6 and 7.
e) Report of " Guarantee Recovery Triangles "
This report must contain, for each type of surety, the information related to the recoveries of
guarantees of the Institution, classifying them in a matrix arrangement, by payment year and development year, as
indicated below:
Field 1:
Branch.- It must be reported, in each record, the branch that corresponds, according to the catalog
defined for such effects in section d).
Field 2:
Sub-branch.- It must be reported in each record the sub-branch that corresponds according to the
catalog defined for such effects in section d).
Field 3:
Type.- It must be reported in each record the type of surety that corresponds according to
the
catalog defined for such effects in section d).
Field 4:
Payment year: It must be reported the payment year of the claims corresponding to
the last 10 calendar years, in this sense, for each branch, sub-branch and type of surety,
reported in fields 1, 2 and 3, in this field, the values must be captured, in records
consecutively:
Content
n-9
n-8
n-7
n-6
n-5
n-4
n-3
n-2
n-1
n
Where the value of n corresponds to the value of the most recent year that is reported.
Field 5:
Amount paid: Refers to the sum of paid amounts of claims of the
direct operation, for each payment year.
Fields 6 to 15:
Development periods from 0 to 9.-
Development periods from 0 to 9.- It must be
reported in each record, in fields 6 to 15, the amount of the recoveries of
guarantees of the direct operation, corresponding to the branch, sub-branch, type of surety and
payment year, which are reported in fields 1, 2, 3 and 4 of said record. In such a way
that, in field 6, whose development year to report is year 0, the recoveries of guarantees that correspond to the same payment year of the
claim that gave rise to them must be reported; in field 7 whose development year is year 1, the
recoveries of guarantees that were registered accounting-wise
in the fiscal year following the fiscal year in which the claim was paid must be reported. Likewise, the
fields from 8 to 15, will be filled under the same criterion indicated for fields 6 and 7.
2.- The Excel format file corresponding to the summary of the valuation of the surety reserves
in force and contingency
The text files of the valuation of the surety reserves in force and contingency in progress
referred to in the immediate preceding numeral 1, must be generated using for this purpose the Excel format file
corresponding to the summary of the valuation of the surety reserves in force and contingency,
which will be available, as well as its respective user manual, on the Commission's Website
( www.cnsf.gob.mx ) with the name " RR3RTFCVRES.xls " .
The Excel format file corresponding to the summary of the valuation of the surety reserves in force
and contingency, containing the information reported in accordance with what is defined in the immediate preceding numeral 1,
must be sent as part of the RR3RTFCV product, for which, it must be renamed
according to the following:
The name must be integrated by 24 alphanumeric characters that must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3RTFCVRES " .
b)
In the twelfth position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
c)
From the thirteenth to the sixteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until occupying the four
positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month that
is reported must be written.
Example:
Company key: " F "
Company number: " 0001 "
Day: " 30 "
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
R
T
F
C
V
R
E
S
F
0
0
0
1
2
0
1
3
0
6
3
0
.XLS
3.- Certification document corresponding to the valuation of the surety reserves in force and
contingency signed by the responsible actuary
Certification letter corresponding to the surety reserves in force and contingency, signed by the
responsible actuary.
The PDF format file must contain the name and electronic signature of the actuary or licensed actuary responsible for the valuation, professional license number, number of the valid certification issued by the professional college of the specialty or the accreditation of the Commission required for the elaboration and
signature of the valuation of technical surety reserves, in compliance with what is provided in article 226 of the
LISF.
The name of the magnetic file in PDF format must be integrated by 24 alphanumeric characters that
must be ordered as follows:
a)
In the first eleven positions, the specific identifier of the file must be written:
" RR3RTFCVCER "
b)
In the twelfth position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate sureties
c)
From the thirteenth to the sixteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until occupying the four
positions.
d)
From the seventeenth to the twentieth positions, the year must be written.
e)
In the twenty-first and twenty-second positions, the month being reported must be written.
f)
In the twenty-third and twenty-fourth positions, the last day of the month that
is reported must be written.
Example:
Company key: " F "
Company number: " 0001 "
Day: ( " 30 " )
Month: June ( " 06 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
R
R
3
R
T
F
C
V
C
E
R
F
0
0
0
1
2
0
1
3
0
6
3
0
Information with annual delivery periodicity
In addition to the information delivered with quarterly periodicity, annually the
information of the results of the valuation of the Surety Reserve in Force must be delivered, which will consist of the
following:
The RR3RTFBD product, which will contain the text file of the database with the detail of the
policy-by-policy valuation of the Surety Reserve in Force, the text file of the database with the
detail of the information of the recoverable amounts of reinsurance of the surety reserve in force,
referred to in the immediately following items 1 and 2. Such product must be sent in accordance with the following:
a)
For its sending, the product must be encrypted in a single file in .ZIP.PGP format, whose name must be composed of 21 alphanumeric characters, ordered as follows:
b)
In the first eight positions, the specific product identifier must be written:
" RR3RTFBD "
c)
In the ninth position, the company type key must be written:
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate suretyship
d)
From the tenth to the thirteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
e)
From the fourteenth to the seventeenth positions, the year must be written.
f)
From the eighteenth to the nineteenth positions, the month being reported must be written.
g)
From the twentieth to the twenty-first positions, the day of the month being
reported must be indicated.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
R
T
F
B
D
F
0
0
0
1
2
0
1
3
1
2
3
1
.ZIP
.PGP
1.-
Text file of the databases with the detail of the policy-by-policy valuation of the
surety reserve in force
A report in text file format with the detail of the policy-by-policy valuation, whose name
must be composed of 21 alphanumeric characters, which must be ordered as follows:
a)
In the first eight positions, the specific identifier of the files must be written:
" RR3RTFBD " .
b)
In the ninth position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate suretyship
c)
From the tenth to the thirteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
d)
From the fourteenth to the seventeenth positions, the year must be written.
e)
From the eighteenth to the nineteenth positions, the month being reported must be written.
f)
From the twentieth to the twenty-first positions, the last day of the month being
reported must be written.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
R
R
3
R
T
F
B
D
F
0
0
0
1
2
0
1
3
1
2
3
1
.TXT
The structure, order, identifiers, field length and other details, as follows:
a)
The database must contain the information ordered in a matrix arrangement, in which
the columns correspond to the fields described below and the rows to the records of each of the surety policies or movements in force, which make up the reserve
valuation. The fields will be delimited by the " | " sign, known as " pipe " .
No
Name
Type
Size
1
Direct or assumed operation
Alphanumeric
2
2
Line or type of suretyship
Alphanumeric
2
3
Policy number
Alphanumeric
30
4
Movement
Alphanumeric
20
5
Start date of validity
Numeric
8
6
End date of validity
Numeric
8
7
Administrative expenses
Numeric
15
8
Technical note registration number
Alphanumeric
15
9
Currency or monetary unit
Alphanumeric
15
10
Reinsurance recoverable amounts
Numeric
15
11
Multi-year policy identifier
Alphanumeric
2
12
Gross surety amount
Numeric
15
13
Retained surety amount
Numeric
15
14
Risk component
Numeric
15
15
Expense component
Numeric
15
16
Surety reserve in force U.O.
Numeric
15
17
Surety reserve in force U.N.
Numeric
15
b)
When a field is not applicable to a record, the column for that field must be left
empty, maintaining, notwithstanding the foregoing, the corresponding pipes.
c)
The amounts indicated in each of the fields that make up the database must be
expressed in the original currency or monetary unit in which the policy is subscribed,
except with respect to the field named Surety reserve in force U.N. , in
which the amount must always be expressed in national currency, for which, if applicable, the
exchange rate corresponding to the annual closing will be used.
d)
The database must contain only the information of surety policies in force at the
moment of valuation, so it must not include additional information of policies or
movements that are expired or cancelled at the time of such valuation,
regardless of whether such information is maintained within the own controls of the
Institution.
e)
The amounts reported in the database must be expressed without decimals.
f)
The fields referred to in the preceding item a) must be filled in accordance with the following
definitions:
Field 1:
Direct or assumed operation.- Refers to whether the policy or movement, corresponds to the direct or assumed operation. In the first case, the text " DI " will be captured, while in the second, " TO " .
Field 2:
Line or type of suretyship.- In this field, the corresponding key will be indicated, according to the following table:
Line or type of suretyship
Key
First risk fidelity suretyship
FP
Other fidelity suretyship
FO
Judicial suretyship covering drivers of motor vehicles
JA
Other judicial suretyship
JO
Administrative suretyship
FA
Credit suretyship
FC
Field 3:
Policy number.- The assigned policy number must be indicated, according to the internal control criteria of the Institution. In the case of
assumed retrocession operations, this concept will correspond to the
policy number or retrocession contract number.
Field 4:
Movement.- In cases where there are, in addition to the policy, movements that consider validity periods different from the main policy and for
which a specific valuation of their reserve has been made, the
Institution in question must, according to its own criteria, establish
a control indicator to serve to identify the information related to such
movements.
Field 5:
Start date of validity.- The start date of validity of the
policy or corresponding movements reported in each record will be indicated. In the case
of assumed retrocession operations, this concept will correspond to the
start date of validity of the policy. The date must be in a string of 8 characters, indicating in the first two positions the day,
in the third and fourth, the month, and from the fifth to the eighth, the year, completing
with zeros to the left in the case of months and days that do not occupy the two
assigned positions.
Field 6:
End date of validity.- The date on which the validity of the
policy or corresponding movement reported in each record will end will be indicated. In the case of
judicial and administrative suretyship in which, by their nature, there is no
concrete end date, the field must be left empty. The date
must be in a string of 8 characters, indicating in the
first two positions the day, in the third and fourth, the month, and from the fifth to the
eighth, the year, completing with zeros to the left in the case of months and
days that do not occupy the two assigned positions.
Field 7:
Administrative expenses.- The amount of administrative expense
applied for the calculation of the reserve for the policy or
movement in question will be identified.
Field 8:
Technical note registration number.- The registration number of
the technical note obtained from this Commission, corresponding to the policy or
movement, will be indicated.
Field 9:
Currency or monetary unit.- The currency or monetary unit in which
the value of the benefit or risk covered by the product corresponding to the policy or
movement in question is defined will be indicated. The indication must
be made with a 4-character text string, according to the keys indicated in the following catalog:
Currency or monetary unit
Text Key
National Currency
MNAC
Dollars
DOLA
Other
OTRA
Field 10:
Reinsurance recoverable amounts.- The amount of the
reinsurance recoverable amounts, determined in accordance with the applicable
regulation and with which the corresponding asset item has been integrated, will be identified.
Field 11:
Multi-year policy identifier.- It will be indicated whether the policy or movement correspond to a multi-year policy. This indication must be made with a
text string " MA " .
Field 12:
Gross surety amount.- The gross surety amount with which
the reserve has been valued must be indicated.
Field 13:
Retained surety amount.- The surety amount discounted
by the portion that has been ceded in proportional retrocession must be indicated.
Field 14:
Risk component.- The amount of the risk component of the
surety reserve in force will be identified.
Field 15:
Expense component.- The amount of the unaccrued annual administrative expense used for the valuation of the reserve in each policy or
movement in question will be identified.
Field 16:
Surety reserve in force U.O.- The amount of the reserve of
suretyship in force of the policy or movement, determined in accordance with the valuation criteria
provided for in the applicable regulation, in units of its currency or
monetary unit in which the policy is contracted, will be indicated.
Field 17:
Surety reserve in force U.N.- The amount of the reserve of
suretyship in force of the policy or movement, determined in accordance with the valuation criteria
provided for in the applicable regulation, translated into national currency, will be indicated.
2.-
Text files of the databases with the detail of the information on the amounts
recoverable of reinsurance of the surety reserve in force
A report in text file format with the detail of the information on the Recoverable Amounts of
Reinsurance corresponding to the Surety Reserve in Force, whose name must be composed of 23
alphanumeric characters, which must be ordered as follows:
a)
In the first ten positions, the specific identifier of the files must be written:
" RR3RTFBDIR " .
b)
In the eleventh position, the company type key must be written.
Key
Definition
F
Surety Institutions
S
Insurance Institutions authorized to operate suretyship
c)
From the twelfth to the fifteenth positions, the number assigned to the
Institution in question must be written. This number must be preceded by zeros until it occupies the four
positions.
d)
From the sixteenth to the nineteenth positions, the year must be written.
e)
From the twentieth to the twenty-first positions, the month being reported must be written.
f)
From the twenty-second to the twenty-third positions, the last day of the month
being reported must be written.
Example:
Company Key: " F "
Company Number: " 0001 "
Day: ( " 31 " )
Month: December ( " 12 " )
Year: 2013
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Extension
R
R
3
R
T
F
B
D
I
R
F
0
0
0
1
2
0
1
3
1
2
3
1
.TXT
The structure, order, identifiers, field length and other details, as follows:
a)
The database must contain the information ordered in a matrix arrangement, in which
the columns correspond to the fields described below and the rows to the records of each of the policies or certificates. The fields will be delimited between themselves by
the " | " sign, known as " pipe " .
No
Name
Type
Size
1
Direct or assumed operation
Alphanumeric
2
2
Line, sub-line or type of suretyship
Alphanumeric
2
3
Policy number
Alphanumeric
30
4
Reinsurer or retrocessionaire number
Alphanumeric
15
5
Participation in the reserve
Numeric
15
6
Probability of default
Numeric
6 decimals
7
Recoverable amount U.O.
Numeric
15
8
Recoverable amount U.N.
Numeric
15
b)
When a field is not applicable to a record, the column for that field must be left
empty, maintaining, notwithstanding the foregoing, the corresponding pipes.
c)
The amounts indicated in each of the fields that make up the database must be
expressed in the original currency or monetary unit in which the policy is subscribed,
except with respect to the field named Recoverable amount U.N. , in which the
amount must always be expressed in national currency, for which, if applicable, the
exchange rate corresponding to the annual closing will be used.
d)
The fields referred to in the preceding item a) must be filled in accordance with the following
definitions and catalogs:
Field 1:
Direct or assumed operation.- Refers to whether the policy, certificate or clause, corresponds to the direct or assumed operation. In the first case, the
text " DI " will be captured, while in the second, " TO " .
Field 2:
Line, sub-line or type of suretyship.- In this field, the key that
corresponds will be indicated, according to the following table:
Line, sub-line or type of suretyship
Key
First risk fidelity suretyship
FP
Other fidelity suretyship
FO
Judicial suretyship covering drivers
of motor vehicles
JA
Other judicial suretyship
JO
Administrative suretyship
FA
Credit suretyship
FC
Field 3:
Policy number.- The assigned policy number must be indicated
according to the internal control criteria of the Institution. In the case of
assumed retrocession operations, this concept will correspond to the
policy number or respective contract.
Field 4:
Reinsurer or retrocessionaire number.- The number of
reinsurer assigned by this Commission must be registered.
Field 5:
Participation in the reserve.- The amount with which the
reinsurer or retrocessionaire being reported participates in the reserve amount will be registered.
Field 6:
Probability of default.- The probability of default will be the
corresponding to the Institution or foreign reinsurance entity, based on the rating that such entity has, in accordance with what is stated in
items V, VI and VIII of Provision 8.20.2 of Chapter 8.20 of these
dispositions.
Field 7:
Recoverable amount U.O.- The amount of the recoverable amounts
in original currency, determined in accordance with the applicable regulation
and with which the corresponding asset item has been integrated, will be identified.
Field 8:
Recoverable amount U.N.- The amount of the recoverable amounts
in national currency, determined in accordance with the applicable regulation
and with which the corresponding asset item has been integrated, will be identified.
In the case of Insurance Institutions authorized to practice insurance of pensions
derived from social security laws.
ON THE REPORT OF INFORMATION RELATIVE TO THE TECHNICAL RESERVES OF THE
INSURANCE INSTITUTIONS AUTHORIZED TO OPERATE INSURANCE OF PENSIONS
DERIVED FROM SOCIAL SECURITY LAWS
In accordance with what is established in Provision 38.1.4 of this Single Circular, Insurance Institutions
authorized to operate Pension Insurance will submit the Regulatory Report
on Technical Reserves (RR-3) on a quarterly basis within fifteen business days following the close of
each quarter, with the exception of the fourth quarter information, which must be submitted within
the first twenty business days following the close of the fiscal year, and its submission will adhere to the procedure
outlined in Chapters 39.1 and 39.3 of these Provisions.
The submission of the Regulatory Report on Technical Reserves (RR-3) will be made through the product
RR3PCVAP, which must be identified according to the following 21-character alphanumeric nomenclature:
a)
In the first eight positions, the specific identifier of the product must be placed:
RR3PCVAP for Insurance Institutions authorized to operate Pension Insurance.
b)
In the ninth position, the key of the type of Insurance Institution must be placed:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the tenth to the thirteenth position, the number assigned to the Insurance
Institution in question must be placed. This number must be preceded by zeros until it occupies the
four positions.
d)
From the fourteenth to the seventeenth position, the reporting year must be indicated.
e)
In the eighteenth and nineteenth positions, the reporting month must be written. This
number must be preceded by zeros until it occupies the two positions.
f)
In the twentieth and twenty-first positions, the last day of the month being
reported must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key
" 0001 " and reporting date June 30, 2015, the name of the RR3PCVAP product must be
constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Extension
Character
R
R
3
P
C
V
A
P
P
0
0
0
1
2
0
1
5
0
6
3
0
.ZIP
.PGP
The information contained in the RR3PCVAP product will be integrated from:
I.
A certification document in PDF file format, which must contain the name and
electronic signature of the actuary or certified actuary licensed for the preparation and signing of the
valuation of the technical reserves of the Insurance Institution in question, professional license number,
and the certificate number to perform the valuation of the technical reserves that the Institutions
and Mutual Societies must constitute in accordance with what is established in the LISF.
The name of this file must be composed of 24 alphanumeric characters ordered as follows:
a)
In the first thirteen positions, the specific identifier of the file must be placed:
" RR3PCVAPRTCER " .
b)
In the fourteenth position, the key of the type of Insurance Institution must be placed:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the
Insurance Institution in question must be placed. This number must be preceded by zeros until it
occupies the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This
number must be preceded by zeros until it occupies the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the month being
reported must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key
" 0001 " and reporting date June 30, 2015, the name of the certification document must be
constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
Character
R
R
3
P
C
V
A
P
R
T
C
E
R
P
0
0
0
1
2
0
1
5
0
6
3
0
II.
The following nine files in text format with extension ".TXT":
RR3PCVAPMATRC: Mathematical reserve of pensions and of risks in course of Additional
Benefits.- The balances of the mathematical reserve of pensions and of risks in
course of Additional Benefits will be reported, by type of pension and according to valuation rates.
RR3PCVAPRRCRC: Reserve of risks in course of Additional Benefits and reserve of
contingency of Additional Benefits.- The balance of the reserve of risks in course
of Additional Benefits and its minimum creditable yield will be reported, as well as the balance of the reserve
of contingency of Additional Benefits.
RR3PCVAPOPC: Reserve for pending obligations to fulfill.- It will contain the balances of
the reserve for pending obligations to fulfill by concept and type of pension.
RR3PCVAPMATE: Minimum creditable yield to the mathematical reserve of pensions.- It will
report the variables involved in the calculation of minimum creditable yield to the
mathematical reserve of pensions.
RR3PCVAPCONT: Contingency reserve.- The balances of the reserve of
contingency of Basic Pension Benefits and of Additional Benefits will be reported, and for these
latter, the minimum creditable yield to such reserve, by concept and type of pension.
RR3PCVAPRMACA: Minimum creditable yield to the contingency reserve of
Additional Benefits.- The minimum creditable yields to the reserve of
contingency of Additional Benefits will be reported.
RR3PCVAPRTFLJ: Technical result and monthly release flow.- It will contain the data
necessary for the determination of the technical result and monthly release flow of the
contingency reserve of Basic Pension Benefits.
RR3PCVAPRFIFD: Reserve for investment fluctuation and contribution to the Special Fund of
Pensions in question.- It will report the variables necessary for the determination of the
balance of the reserve for investment fluctuation, as well as what relates to the contribution to the Special
Fund of Pensions in question.
RR3PCVAPINFC: Complementary information of Pension Insurance relative to the
statistics of all policies in force on the reporting date.
The text file RR3PCVAPOPC will be identified with a 24-character alphanumeric nomenclature
as follows:
a)
The first eleven positions will correspond to the specific identifier of the file:
" RR3PCVAPOPC " .
b)
The twelfth position will correspond to the key of the type of Insurance Institution:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the thirteenth to the sixteenth position, the number assigned to the
Insurance Institution in question must be placed. This number must be preceded by zeros until it
occupies the four positions.
d)
From the seventeenth to the twentieth position, the reporting year must be indicated.
e)
In the twenty-first and twenty-second positions, the reporting month must be written.
This number, if applicable, must be preceded by a zero until it occupies the two positions.
f)
In the twenty-third and twenty-fourth positions, the last day of the month being
reported must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with
key " 0001 " and reporting date June 30, 2015, the name of the text file
RR3PCVAPOPC must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
Character
R
R
3
P
C
V
A
P
O
P
C
P
0
0
0
1
2
0
1
5
0
6
3
0
.txt
The text files RR3PCVAPMATE, RR3PCVAPCONT, and RR3PCVAPINFC will be identified with a 25-character alphanumeric nomenclature as follows:
a)
The first twelve positions will correspond to the specific file identifier: "RR3PCVAPMATE", "RR3PCVAPCONT" or "RR3PCVAPINFC", as the case may be.
b)
The thirteenth position will correspond to the Insurance Institution type key:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fourteenth to the seventeenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the eighteenth to the twenty-first position, the reporting year must be indicated.
e)
In the twenty-second and twenty-third positions, the reporting month must be written. This number, if applicable, must be preceded by a zero to occupy the two positions.
f)
In the twenty-fourth and twenty-fifth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the text file RR3PCVAPMATE must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Extension Character R R 3 P C V A P M A T E P 0 0 0 1 2 0 1 5 0 6 3 0 .txt
The text files RR3PCVAPMATRC, RR3PCVAPRRCRC, RR3PCVAPRMACA, RR3PCVAPRTFLJ, and RR3PCVAPRFIFD will be identified with a 26-character alphanumeric nomenclature as follows:
a)
The first thirteen positions will correspond to the specific file identifier: "RR3PCVAPMATRC", "RR3PCVAPRTFLJ" or "RR3PCVAPRFIFD", as the case may be.
b)
The fourteenth position will correspond to the Insurance Institution type key:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number, if applicable, must be preceded by a zero to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the text file RR3PCVAPMATRC must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension Character R R 3 P C V A P M A T R C P 0 0 0 1 2 0 1 5 0 6 3 0 .txt
The instructions, text descriptors, and specific criteria of the files that make up the RR3PCVAP product will be made known through the usage instructions for the preparation of the files corresponding to Annex 38.1.4 regulatory report on technical reserves (RR-3) for Insurance Institutions authorized to operate Pension Insurance, through the Commission's Website, in accordance with what is stated in Provision 39.1.10 of this Circular.
Additionally, for the case of Insurance Institutions authorized to operate Pension Insurance that operate Reinsurance, these must deliver, with the same periodicity as the RR3PCVAP product described, the RR3PREAP product, which must be identified according to the following 21-character alphanumeric nomenclature:
a)
In the first eight positions, the specific product identifier must be entered: RR3PREAP.
b)
In the ninth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the tenth to the thirteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the fourteenth to the seventeenth position, the reporting year must be indicated.
e)
In the eighteenth and nineteenth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the RR3PREAP product must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Extension Character R R 3 P R E A P P 0 0 0 1 2 0 1 5 0 6 3 0 .ZIP
.PGP
The information contained in the RR3PREAP product will be integrated from:
I.
A certification document in PDF file format, which must contain the name and electronic signature of the actuary or licensed actuary certified for the preparation and signing of the valuation of the technical reserves of the Insurance Institution in question, professional ID number, certificate number to perform the valuation of the technical reserves that Institutions and Mutual Societies must constitute in accordance with what is established in the LISF.
The name of this file must be integrated from 26 alphanumeric characters ordered as follows:
a)
In the first thirteen positions, the specific file identifier must be entered: "RR3PREAPRTCER".
b)
In the fourteenth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the certification document must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension Character R R 3 P R E A P R T C E R P 0 0 0 1 2 0 1 5 0 6 3 0 .PDF
II.
The following three files in text format with extension ".TXT":
RR3PCVAPRMRIV: Mathematical reserve of pensions and of risks in course of Additional Benefits for invalidity and life insurance.- The ceded, retained balances and Reinsurance Recoverable Amounts of the mathematical reserve of pensions and of Risks in Course of Additional Benefits will be reported, as well as the balances of these liabilities corresponding to direct insurance and Reinsurance taken for pensions of invalidity and life insurance, by concept and type of pension.
RR3PCVAPRMRRT: Mathematical reserve of pensions and of risks in course of Additional Benefits for work risk insurance.- The ceded, retained balances and Reinsurance Recoverable Amounts of the mathematical reserve of pensions and of risks in course of Additional Benefits will be reported, as well as the balances of these liabilities corresponding to direct insurance and Reinsurance taken for pensions of work risk insurance, by concept and type of pension.
RR3PCVAPRMRCV: Mathematical reserve of pensions and of risks in course of Additional Benefits for retirement, disability in old age and old age insurance.- The ceded, retained balances and Reinsurance Recoverable Amounts of the mathematical reserve of pensions and of risks in course of Additional Benefits will be reported, as well as the balances of these liabilities corresponding to direct insurance and Reinsurance taken for pensions of retirement, disability in old age and old age insurance, by concept and type of pension.
The text files RR3PCVAPRMRIV, RR3PCVAPRMRRT, and RR3PCVAPRMRCV will be identified with a 26-character alphanumeric nomenclature as follows:
a)
The first thirteen positions will correspond to the specific file identifier: "RR3PCVAPRMRIV", "RR3PCVAPRMRRT" or "RR3PCVAPRMRCV", as the case may be.
b)
The fourteenth position will correspond to the Insurance Institution type key:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number, if applicable, must be preceded by a zero to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the text file RR3PCVAPRMRIV must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension Character R R 3 P C V A P R M R I V P 0 0 0 1 2 0 1 5 0 6 3 0 .txt
The instructions, text descriptors, and specific criteria of the files that make up the RR3PREAP product will be made known through the usage instructions for the preparation of the files corresponding to Annex 38.1.4 regulatory report on technical reserves (RR-3) for Insurance Institutions authorized to operate Pension Insurance derived from social security laws, through the Commission's Website, in accordance with what is established in Provision 39.1.10 of this circular.
Insurance Institutions that have the authorization referred to in Provision 5.8.13 of this Circular, will deliver the RR3PRTFP product in addition to the RR3PCVAP product, with the same periodicity as the latter, which must be identified according to the following 21-character alphanumeric nomenclature:
a)
In the first eight positions, the specific product identifier must be entered: RR3PRTFP.
b)
In the ninth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the tenth to the thirteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the fourteenth to the seventeenth position, the reporting year must be indicated.
e)
In the eighteenth and nineteenth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twentieth and twenty-first positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the RR3PRTFP product must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Extension Character R R 3 P R T F P P 0 0 0 1 2 0 1 5 0 6 3 0 .ZIP
.PGP
The PDF files must be legible, maintaining a minimum resolution of 200 dots per inch (dpi).
The information contained in the RR3PRTFP product must be presented quarterly with figures at the close of each of the months that make up said period. For this purpose, this information must be presented in independent magnetic files for each of the aforementioned dates, according to the unstructured information descriptors indicated below:
RR3PRTFPINVER: IMSS Insured Persons.- Insured person bases in magnetic text file format to determine the mathematical reserve of pensions and the risk in course reserve of Additional Benefits, for pensions of the IMSS pension scheme.
The name of the IMSS insured person database in magnetic text file format must be integrated from 26 alphanumeric characters that must be ordered as follows:
a)
In the first thirteen positions, the specific file identifier must be entered: RR3PRTFPAIMSS.
b)
In the fourteenth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the IMSS insured person database must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension Character R R 3 P R T F P A I M S S P 0 0 0 1 2 0 1 5 0 6 3 0 .txt
RR3PRTFPAISSS: ISSSTE Insured Persons.- Insured person bases in magnetic text file format to determine the mathematical reserve of pensions and the risk in course reserve of Additional Benefits, for pensions of the ISSSTE pension scheme.
The name of the ISSSTE insured person database in magnetic text file format must be integrated from 26 alphanumeric characters that must be ordered as follows:
a)
In the first thirteen positions, the specific file identifier must be entered: RR3PRTFPAISSS.
b)
In the fourteenth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the ISSSTE insured person database must be constructed as follows:
Position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Extension Character R R 3 P R T F P A I S S S P 0 0 0 1 2 0 1 5 0 6 3 0 .txt
RR3PRTFPBIMSS: IMSS Pension Beneficiaries.- Pension Beneficiary bases in magnetic text file format to determine the mathematical reserve of pensions and the risk in course reserve of additional benefits, for pensions of the IMSS pension scheme.
The name of the IMSS Pension Beneficiary database in magnetic text file format must be integrated from 26 alphanumeric characters that must be ordered as follows:
a)
In the first thirteen positions, the specific file identifier must be entered: RR3PRTFPBIMSS.
b)
In the fourteenth position, the Insurance Institution type key must be entered:
Key Definition
P Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the Insurance Institution in question must be entered. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the reporting year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the reporting month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and a reporting date of June 30, 2015, the name of the IMSS Pension Beneficiary database must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
Character
R
R
3
P
R
T
F
P
B
I
M
S
S
P
0
0
0
1
2
0
1
5
0
6
3
0
.txt
RR3PRTFPBISSS: ISSSTE Pension Beneficiaries.- bases of Pension Beneficiaries in magnetic text file format to determine the mathematical reserve for pensions and the reserve for risks in course for additional benefits, for pensions under the ISSSTE pension scheme.
The name of the ISSSTE Pension Beneficiaries database in magnetic text file format must consist of 26 alphanumeric characters arranged as follows:
a)
In the first thirteen positions, the specific file identifier must be placed:
RR3PRTFPBISSS.
b)
In the fourteenth position, the key for the type of Insurance Institution must be placed:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the fifteenth to the eighteenth position, the number assigned to the respective Insurance Institution must be placed. This number must be preceded by zeros to occupy the four positions.
d)
From the nineteenth to the twenty-second position, the report year must be indicated.
e)
In the twenty-third and twenty-fourth positions, the report month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-fifth and twenty-sixth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and report date June 30, 2015, the name of the ISSSTE Pension Beneficiaries database must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Extension
Character
R
R
3
P
R
T
F
P
B
I
S
S
S
P
0
0
0
1
2
0
1
5
0
6
3
0
.txt
RR3PRTFPPAS: Liability Flow.- Total amount of claim flows in each annual measurement period t, according to item I of Provision 5.8.14, in a magnetic text file, whose name must consist of 24 alphanumeric characters arranged as follows:
a)
In the first eleven positions, the specific file identifier must be placed:
RR3PRTFPPAS.
b)
In the twelfth position, the key for the type of Insurance Institution must be placed:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the thirteenth to the sixteenth position, the number assigned to the respective Insurance Institution must be placed. This number must be preceded by zeros to occupy the four positions.
d)
From the seventeenth to the twentieth position, the report year must be indicated.
e)
In the twenty-first and twenty-second positions, the report month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-third and twenty-fourth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and report date June 30, 2015, the name of the magnetic text file containing the total amount of claim flows in each annual measurement period t must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
Character
R
R
3
P
R
T
F
P
P
A
S
P
0
0
0
1
2
0
1
5
0
6
3
0
.txt
RR3PRTFPACT: Asset Flow.- Total amount of asset flows obtained in the annual measurement period t, according to item II of Provision 5.8.14, in a magnetic text file, whose name must consist of 24 alphanumeric characters arranged as follows:
a)
In the first eleven positions, the specific file identifier must be placed:
RR3PRTFPACT.
b)
In the twelfth position, the key for the type of Insurance Institution must be placed:
Key
Definition
P
Insurance Institutions authorized to operate Pension Insurance.
c)
From the thirteenth to the sixteenth position, the number assigned to the respective Insurance Institution must be placed. This number must be preceded by zeros to occupy the four positions.
d)
From the seventeenth to the twentieth position, the report year must be indicated.
e)
In the twenty-first and twenty-second positions, the report month must be written. This number must be preceded by zeros to occupy the two positions.
f)
In the twenty-third and twenty-fourth positions, the last day of the reported month must be written.
Example:
In the case of an Insurance Institution authorized to operate Pension Insurance with key "0001" and report date June 30, 2015, the name of the magnetic text file containing the total amount of asset flows obtained in the annual measurement period t must be constructed as follows:
Position
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Extension
Character
R
R
3
P
R
T
F
P
A
C
T
P
0
0
0
1
2
0
1
5
0
6
3
0
.txt
The information contained in each of the fields of the databases RR3PRTFPAIMSS, RR3PRTFPAISSS, RR3PRTFPBIMSS, RR3PRTFPBISSS, RR3PRTFPPAS, and RR3PRTFPACT must comply with the text descriptors and specific criteria that make up the RR3PRTFP product, which will be made available through the Commission's Website, in accordance with what is established in Chapters 39.1 and 39.3 of these provisions.
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