PET - Plain English Taxonomy

Attribute: R00145
Concept:
Label: Sum of Mortgages Insured
Concept Guidance:
This is the value, as at the relevant date, of the sum of mortgages insured by the reporting party, as determined in accordance with relevant Prudential Standards.The sum insured represents the original exposure amount as stated in the mortgage insurance policy. 
Dimensions
Dimension Member Description
This dimension is used to categorise information reported according to the coverage proportion.
(OneHundredPercentAndTopCover)
This dimension is used to categorise reported insurance information in accordance with the nature of the insurance cover provided.
The information reported is in relation to insurance cover provided on an individual product basis, and where the insurance provided is for 100% of the asset amount, or less than 100% of the asset amount (top cover).
(GTE10Y)
This dimension is used to categorise reported loan information according to the age of the loan.The age of a loan represents the length of time from the date of origination of the loan to the date of calculation.
The information reported is in relation to loans which have an age of greater than or equal to 10 years.The age of a loan represents the length of time from the date of origination of the loan to the date of calculation.
(NonStandardLoan)
This dimension is used to categorise reported loan information according to the classification of the loan, as determined in accordance with Prudential Standard GPS 116.
The information reported is in relation to loans which are classified as Non-Standard Loans in accordance with Prudential Standard GPS 116.
(APRARegulatedADI)
This dimension is used to categorise reported loan information according to the entity which has approved, advanced and funded the loan.
The information reported is in relation to loans approved, advanced and funded by Authorised Deposit-taking Institutions (ADI) regulated by APRA.An Authorised Deposit-taking Institution (ADI) has an in force authority under subsection 9(3) of the Banking Act 1959.
This dimension is used to categorise reported loan information according to the loan-to-valuation ratio (LVR) of the loan product.