PET - Plain English Taxonomy

Attribute: BSL16495
Concept:
Label: Profit carrier or acquisition expense recovery carrier
Concept Guidance:
Report the value of the Profit Carrier (projection approach) or Acquisition Expense Recovery Carrier (accumulation approach) used by the reporting party to calculate the profit margins in accordance with actuarial standards for the relevant period.A profit carrier is a financially measureable indicator of either the expected costs of the services provided to the policy owner; or the expected income item relating to the services. Profit Carriers are selected and Profit Margins determined when a policy commences to enable the appropriate emergence of the expected shareholder profit over the term of the benefits. 
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.