PET - Plain English Taxonomy

Attribute: CS22923
Concept:
Label: Policy liabilities
Concept Guidance:
This is the value as at the relevant date of policy liabilities, as determined in accordance with relevant prudential standards. 
Dimensions
Dimension Member Description
(ParticipatingBenefit)
This dimension categorises the reported data according to information based on the type of benefit applicable.
The reported information relates to policies providing participating benefits.Participating benefit has the meaning given in the Life Act.
(InsuranceRiskStressed)
This dimension categorises the reported information based on the impacts arising from the application of certain insurance risk stresses.
The reported information incorporates the effect of adverse experience or changes to best estimate assumptions with regards to insurance risk stresses, after diversification is recognised.