Label: |
Adjustment to movement in net policy liabilities - total non-life policy expense |
Concept Guidance: |
Report any withdrawal of deposit elements corresponding to general insurance policies.General insurance policies are all insurance business other than Life and Health insurance. Life insurance policies are contracts (policies) that will pay a specified sum to beneficiaries upon the death of the insured. Health insurance policies are contracts (policies) that will pay a specified sum to beneficiaries in relation to healthcare expenses of the insured.
|