PET - Plain English Taxonomy

Attribute: PL15170
Concept:
Label: Gross Written Premium Revenue - Unclosed Business
Concept Guidance:
This is the value of gross written insurance premium revenue recognised during the relevant period, and which is related to unclosed business.Unclosed business is that which has been accepted by the insurer/reinsurer prior to the balance date but there is insufficient information to fully identify the business.This item excludes any fire service levy or other levies imposed by state and territory governments and is gross of any associated outwards reinsurance expense. 
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.
This dimension categorises reported data according to predefined product groups.