PET - Plain English Taxonomy

Attribute: CS23016
Concept:
Label: Risk-free present value of future expenses
Concept Guidance:
This is the value, as at the relevant date, of expenses 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.
(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.
(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.