This is the value net of provisions for doubtful debts, as at the relevant date, of reinsurance recoverables in relation to  reinsurance contracts for outstanding claims against the reporting party - i.e. those not yet paid by the reporting party to policyholders.                                                                                                                                                       Reinsurance recoverables are any amounts due to the reporting party under a reinsurance arrangement that arise from paid claims and the recognition of Outstanding Claims Liabilities in accordance with capital and prudential standards.