PET - Plain English Taxonomy

Attribute: PL18001
Concept:
Label: Premium collected
Concept Guidance:
This is the value, during the relevant period, of premium revenue.  This item is to be determined in accordance with the relevant accounting standards.This item is gross of any associated outwards reinsurance expense. 
Dimensions
Dimension Member Description
(DirectBusiness)
This dimension is used to categorise information according to business activity.
Report where the class of business relates to direct insurance contracts.Insurance contracts are classified as 'direct' when the reporting party has a contract directly with a policyholder that is not an insurer or reinsurer. Policyholder means a party that has a right to compensation under an insurance contract if an insured event occurs.
(GroupInsurance)
This dimension classifies the types of insurance arrangement by member coverage.
Represents a contract between the superannuation entity and an insurance company to provide insured benefits in respect to a group of members.
(RemainingGroupInsurance)
This dimension categorises the reported data according to materiality limits.
The reported data reflects the group insurance policy that covers less than five percent of the total number of member accounts.
This is the legal name of the entity.