PET - Plain English Taxonomy

Attribute: R13076
Concept:
Label: Net written premium
Concept Guidance:
This is the value, as at the relevant date, of future net written premium income for contracts for which the insurer is already committed that will expose the insurer to material risks in the subsequent relevant period, but are not otherwise recognised within the capital requirements.Typically this will be for policies for which a written premium is not yet recognised under accounting standards, and have not been included in the premium liabilities, but for which the insurer has already committed to cover. 
Dimensions
Dimension Member Description
(ReinsuranceBusiness)
This dimension is used to categorise information according to business activity.
Report where the class of business relates to reinsurance contracts.Reinsurance contracts are insurance contracts where the policyholder is an insurer or reinsurer. Policyholder means a party that has a right to compensation under an insurance contract if an insured event occurs.
This dimension categorises reported data according to predefined product groups.