PET - Plain English Taxonomy

Attribute: BSL16489
Concept:
Label: Policy liability
Concept Guidance:
This is the value as at the relevant date of policy liabilities, as determined in accordance with relevant prudential standards. 
Form-Specifc Guidance:
This item is gross of inwards reinsurance
Dimensions
Dimension Member Description
(ValuationTY)
The calculation basis on which values are reported.
Reported value is 'This Year' - current position, based on current year's valuation basis
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 reinsurance expenses, 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.