PET - Plain English Taxonomy

Attribute: E15179
Concept:
Label: Central estimate of reinsurance recoverables
Concept Guidance:
This is the value, as at the relevant date, of reinsurance recoverable. Reinsurance recoverables are any amounts due to the reporting entity from a reinsurer determined in accordance with relevant prudential standards. 
Form-Specifc Guidance:
The reported data represents at least 95 per cent of the sum of the regulated institution’s total central estimate of reinsurance recoverables (including recoverables on paid claims overdue for more than six months and recoverables outstanding from the second annual balance date after the event) and deferred reinsurance expense.
Dimensions
Dimension Member Description
(CentralEstimate)
This dimension categorises information by the distribution of probabilistic outcomes.
The information relates to the Central Estimate, determined in accordance with relevant prudential standards. The central estimate is intended to reflect the mean value in the range of possible values for the outcome (that is, the mean of the distribution of probabilistic outcomes). This does not include any risk margin.