Label: |
Non-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 non-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.
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