PET - Plain English Taxonomy

Attribute: BSL16471
Concept:
Label: Future profits
Concept Guidance:
This is the value, as at the relevant date, for future profits from policy owner bonuses report the net present value of the policy in relation to future profits for participating business. Current year bonuses are excluded. 
Dimensions
Dimension Member Description
The calculation basis on which values are reported.
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.
(Gross)
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 before allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.
(ShareholderInterest)
This dimension is used to segment data based on the type of interest in the statutory fund
The values reported do not relate to those belonging to policy holders in the statutory fund