PET - Plain English Taxonomy

Attribute: CS23003
Concept:
Label: Risk-free present value of future claims
Concept Guidance:
This is the value, as at the relevant date, of claim payments arising from premiums expected to be received. 
Dimensions
Dimension Member Description
(PresentValueRiskFreeDiscountRate)
This dimension identifies the measurement approach used to calculate this amount.
The value reported represents the present value using the risk-free discount rate, as determined in accordance with relevant prudential standards.
(AfterReportingPeriod)
This dimension categorises the reported data according to the time period within which it is expected to be effective.
The reported information is effective after the current reporting period.
This dimension categorises reported data according to predefined product groups.