PET - Plain English Taxonomy

Attribute:	CS23045
Concept:	Liabilities Insurance Risk Free Best Estimate Amount
Label:	Risk-free best estimate liabilities
Concept Guidance:	This is the value, as at the relevant date, of value of the impact of the insurance stresses on the risk-free best estimate liabilities, as determined in accordance with relevant prudential standards.

Dimensions

Dimension	Member	Description
BenefitTypeDimension	(NonParticipatingBenefit)	This dimension categorises the reported data according to information based on the type of benefit applicable. The reported information relates to policies providing non-participating benefits. Non-participating benefit has the meaning given in the Life Act.
InsuranceRiskStressTypeDimension	(Longevity)	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 longevity stress. The longevity stress is a decrease in the best estimate mortality rate for each age for the remaining term of the liabilities.
ProductGroupDimension	(OI11594)	This dimension categorises reported data according to predefined product groups.