PET - Plain English Taxonomy

Attribute: R12674
Concept:
Label: Outstanding Claims Liabilities Gross of Recoveries
Concept Guidance:
For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference 
Dimensions
Dimension Member Description
(CentralEstimate)
This dimension identifies the measurement scenario under which the reported value was calculated.
The value reported is the central estimate. The central estimate will be measured as the present value of the future expected payments, i.e. discounted for future investment income, determined in accordance with relevant accounting standards. The central estimate is intended to reflect the mean value in the range of possible values for the outcome (that is, the mean of the distribution of probabilistic outcomes), and so does not include any risk margin.
This dimension categorises reported data according to predefined product groups.