PET - Plain English Taxonomy

Attribute:	CS22949
Concept:	Liabilities Insurance Insurance Policy Liabilities Amount
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.
Form-Specifc Guidance:	The stressed policy liabilities net of reinsurance should be reported as a positive value where the net stressed policy liabilities are positive

Dimensions

Dimension	Member	Description
InsuranceRiskStressTypeDimension	(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.
ReinsuranceRecoveriesValueTypeDimension	(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.

Dimension

Member

Description

InsuranceRiskStressTypeDimension

(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.

ReinsuranceRecoveriesValueTypeDimension

(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.