PET - Plain English Taxonomy

Attribute: PL14257
Concept:
Label: Insurance policy revenue
Concept Guidance:
This is the value, during the relevant period, for insurance policy revenue and consists only of premiums related fees received from life insurance policies. Premiums for life investment business are recognised as deposits, and adjusted for as changes in policy liabilities. This item is to be determined in accordance with the relevant accounting standards. 
Dimensions
Dimension Member Description
This dimension is used to categorise information according to business activity.
This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates.
This dimension categorises reported data according to predefined product groups.
(Net)
This dimension identifies the valuation scenario, in relation to expected reinsurance recoveries, under which the reported value was calculated.
The information reported is in relation to the value that has been calculated after allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.