PET - Plain English Taxonomy

Attribute: PL16188
Concept:
Label: Total Reinsurance Expense - Accounting Standards
Concept Guidance:
For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference 
Form-Specifc Guidance:
Report the total reinsurance expense that would be reported under AASB 1023. Where there is no difference to the amount reported as 'total reinsurance expense as per prudential standards' report the same amount. Where the insurer does not ordinarily calculate reinsurance expense under AASB 1023, input zero.
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.