PET - Plain English Taxonomy

Attribute: PL16247
Concept:
Label: Movement in OCL
Concept Guidance:
This item represents the movement in the outstanding claims liability for the relevant period and is to be determined in accordance with the relevant Accounting Standards. 
Dimensions
Dimension Member Description
(DirectBusiness)
This dimension is used to categorise information according to business activity.
Report where the class of business relates to direct insurance contracts.Insurance contracts are classified as 'direct' when the reporting party has a contract directly with a policyholder that is not an insurer or reinsurer. Policyholder means a party that has a right to compensation under an insurance contract if an insured event occurs.