PET - Plain English Taxonomy

Attribute: BSAO18572
Concept:
Label: Current Assets - Recoverables on Reinsurance Contracts Net
Concept Guidance:
This is  the value, as at the relevant date, net of provisions for doubtful debts, of reinsurance recoverables, that are current, in relation to reinsurance contracts on paid and unpaid insurance claims against the reporting party.                                                                                                                                                       Reinsurance recoverables are any amounts due to the reporting party from a reinsurer that arise from the recognition of Outstanding Claims Liabilities in accordance with relevant prudential standards. 
Dimensions
Dimension Member Description
(RelatedPartyAASB)
This dimension categorises reported information based on the type of relationship between two or more counterparties.
Report only where a relationship exists between the reporting party and the counterparty that is deemed a related party relationship in accordance with AASB124.