PET - Plain English Taxonomy

Attribute:	BSAO17961
Concept:	Assets Policy Liabilities Ceded Under Reinsurance Amount
Label:	Gross policy liabilities ceded under reinsurance
Concept Guidance:	Report the value of gross policy liabilities ceded under outwards reinsurance.This amount includes insurance liabilities, financial instrument liabilities and management services element liabilities ceded under reinsurance.Reinsurance contracts as defined by the Australian Accounting Standards, are insurance contracts issued by one insurer (the reinsurer) to compensate another insurer (the cedent) for losses on one or more contracts issued by the cedent.Outwards Reinsurance that meets the definition of an insurance contract consists of both a Reinsured Best Estimate Liability and the Value of Reinsured Profit Margins.

Dimensions

Dimension	Member	Description
InvestmentReportingBasisDimension	(NonLookThrough)	This dimension categorises information reported based on the method which determines the details in which an investment is reported. I.e. Look-through or Non-look-through. This information reported is on a non-look through basis. This basis requires the reporting party to report information on investments held through external individually managed mandates/portfolios or discretely managed portfolios as if they were single end investments themselves.
JurisdictionDimension	(Australian)	This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates. Data reported is within the jurisdictional reach of Australia.
ReportingGeographicalLocationDimension	(OutsideAustralia)	This represents the location of the items being reported. The items being reported are physically located outside Australia