PET - Plain English Taxonomy

Attribute:	PL05104
Concept:	Expense Insurance Claims Payments Amount
Label:	Claim Payments expense
Concept Guidance:	This is the value of insurance claim payment expenses recognised during the relevant period. This item is to be determined in accordance with relevant accounting standards.

Dimensions

Dimension	Member	Description
AccountingRecognitionBasisDimension	(Cash)	The accounting basis for income and expense recognition - cash or accruals. Income and expenses are recognised when Received or Paid.
ClassOfBusinessDimension	(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.
RecoveriesValueTypeDimension	(Gross)	This dimension identifies the valuation scenario, in relation to recoveries, under which the reported value was calculated. The information reported is in relation to the value of the asset or liability before allowing for the relevant adjustments.