PET - Plain English Taxonomy

Label: Assets Policy Liabilities Ceded Under Reinsurance Amount
TREF ID: DE4390
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
Report the value of gross policy liabilities ceded under outwards reinsurance.This amount includes insurance liabilities, financial instrument liabilities and management services element liabilities ceded under reinsurance.Reinsurance contracts as defined by the Australian Accounting Standards, are insurance contracts issued by one insurer (the reinsurer) to compensate another insurer (the cedent) for losses on one or more contracts issued by the cedent.Outwards Reinsurance that meets the definition of an insurance contract consists of both a Reinsured Best Estimate Liability and the Value of Reinsured Profit Margins. 

Usage
Form Labels
Label:
Guidance:
Reinsurance assets not subjected to an executed and legally binding contract
Report this item only if it is positive, in relation to each reinsurance arrangement that is subject to a 6 month grace period from risk inception.
Label:
Guidance:
Reinsurance assets not subjected to an executed and legally binding contract
Report this item only if it is positive, in relation to each reinsurance arrangement that is subject to a 6 month grace period from risk inception.
Label:
Gross policy liabilities ceded under reinsurance
Label:
Gross policy liabilities ceded under reinsurance
Label:
Gross policy liabilities ceded under reinsurance
Label:
Gross policy liabilities ceded under reinsurance