PET - Plain English Taxonomy

Attribute: PL17728
Concept:
Label: Reinsurance recoveries revenue
Concept Guidance:
This is the value, as at the relevant date, for reinsurance recoverables, being amounts due to the reporting insurer under a reinsurance arrangement that arise from the recognition of outstanding claims liability (OCL). This item is to be determined in accordance with relevant accounting standard. 
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.