PET - Plain English Taxonomy

Label: Assets Loans And Receivables Outstanding Claims Liability Recoveries Not Reinsurance Gross Input Tax Credit Amount
TREF ID: DE12591
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value, as at the relevant date, of recoveries receivable by the reporting party in relation to Outstanding Claims Liability (OCL) other than reinsurance recoveries, gross of related input tax credit, and net of any provisions for depreciation or impairment.OCL relates to all claims incurred prior to the valuation date, whether or not they have been reported to the reporting party. The value of the OCL must include an amount in respect of the expenses that the reporting party expects to incur in settling these claims. The value of OCL must not include any Government charges directly imposed on the reporting party such as levies, duties and taxes, but must be gross of input tax credit recoveries. 

Usage
Form Labels
Label:
Outstanding Claims