PET - Plain English Taxonomy

Label: Financial Risk Premiums Reinstatement Amount
TREF ID: DE12881
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value, as at the relevant date, of reinstatement premiums. This is the amount of premium a reinsurer receives from an insurer as a result of the event that gives rise to its probable maximum loss.Probable Maximum Loss (PML) is the largest gross loss to which an insurer will be exposed (within the realms of possibility) due to a concentration of risk exposures, without any allowance for potential reinsurance assets. 

Usage
Form Labels
Label:
Reinstatement premiums
Label:
Reinstatement premiums