PET - Plain English Taxonomy

Label: Profit Or Loss Insurance Experience Morbidity Amount
TREF ID: DE4775
Data Type: xbrli:monetaryItemType
Period Type: duration
Balance Type: debit
Business Description & Guidance:
Report the changes to the Experience Profit or Loss for the period in relation to Morbidity, net of reinsurance.The total Experience Profit or Loss is the profit or loss arising in the period from differences between the actual experience during the period and the expected experience on the basis of the Best Estimate Assumptions at the beginning of the period.Morbidity component is related to the likelihood of policy owners being unable to work for a period of time as a result of accident or illness.Best Estimate Assumptions are assumptions about future experience determined in accordance with relevant actuarial valuation standards. 

Usage
Form Labels
Label:
Guidance:
Components of experience profit or loss - morbidity (net of reinsurance)
For non-participating business valued by projection methods this is the current period planned profit.