PET - Plain English Taxonomy

Attribute:	PL13430
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
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.
ProductGroupDimension	(OI10811)	This dimension categorises reported data according to predefined product groups.

Dimension

Member

Description

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.

ProductGroupDimension

(OI10811)

This dimension categorises reported data according to predefined product groups.