PET - Plain English Taxonomy

Label:	Income Insurance Inwards Premium Deposit Component Amount
TREF ID:	DE12904
Data Type:	xbrli:monetaryItemType
Period Type:	duration
Balance Type:	credit
Business Description & Guidance:	This is the value, as at the relevant date, for deposit elements for life investment and life insurance investment account business i.e. exclude any revenue components. Include the deposit component of premiums in respect of deferred or immediate annuities that are life investment business written as inwards reinsurance.

Usage

Form	Labels
LRF_310_1	Label: Guidance:	Inwards reinsurance premium revenue Report inwards reinsurance premiums received in relation to the acceptance of life insurance risk from another insurer or a reinsurer. This is the gross figure and should not be reported net of outwards reinsurance premiums. Life insurance policies are contracts (policies) that will pay a specified sum to beneficiaries upon the death of the insured.

Form

Labels

LRF_310_1

Label:

Guidance:

Inwards reinsurance premium revenue
Report inwards reinsurance premiums received in relation to the acceptance of life insurance risk from another insurer or a reinsurer. This is the gross figure and should not be reported net of outwards reinsurance premiums.

Life insurance policies are contracts (policies) that will pay a specified sum to beneficiaries upon the death of the insured.