PET - Plain English Taxonomy

Attribute: CS23039
Concept:
Label: Participating policy liabilities
Concept Guidance:
This is the value, as at the relevant date, of value of the impact of the insurance stresses on participating 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.
This dimension categorises reported data according to predefined product groups.