PET - Plain English Taxonomy

Attribute: R13853
Concept:
Label: Adjusted policy liabilities
Concept Guidance:
This is the value, as at the relevant date, of adjusted policy liabilities. This item is determined for capital base purposes in accordance with the relevant prudential standards. 
Dimensions
Dimension Member Description
(Property)
This dimension categorises the reported information based on the impacts arising from the application of certain asset risk stresses. The reported information is contribution towards the change in capital base under the scenario considered.
The reported information measures the impact of property stress on the capital base of the reporting entity, due to changes in property and infrastructure asset values.
(Net)
This dimension identifies the valuation scenario, in relation to expected reinsurance recoveries, under which the reported value was calculated.
The information reported is in relation to the value that has been calculated after allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.