PET - Plain English Taxonomy

Label: Financial Risk Solvency MTV Reinsurance Aggregate Amount
TREF ID: DE4960
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
Report the Minimum Termination Value (MTV) as determined by the solvency standard, ceded under reinsurance. MTV is the amount that a life insurer is obliged to pay to policyholders if they decided to voluntarily terminate their policies at the relevant date. The obligation might be contractual, statutory or a result of past practice. Calculated as the greater of: a) the lowest Termination Value that the reporting party is obliged to pay; and b) the amount calculated in accordance with the Surrender Value Standard. 

Usage
Form Labels
Label:
Minimum Termination Value Reinsurance Amount
Label:
Reinsured Minimum Termination Value (where determined)