PET - Plain English Taxonomy

Label: Assets Insurance Reinsurance Recoverables Outstanding Claims Net Amount
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is the value net of provisions for doubtful debts, as at the relevant date, of reinsurance recoverables in relation to  reinsurance contracts for outstanding claims against the reporting party - i.e. those not yet paid by the reporting party to policyholders.                                                                                                                                                       Reinsurance recoverables are any amounts due to the reporting party under a reinsurance arrangement that arise from paid claims and the recognition of Outstanding Claims Liabilities in accordance with capital and prudential standards. 

Form Labels
Amount recoverable from reinsurance contracts on outstanding claims, net of provisions for doubtful debts
Recoverable from Reinsurance Contracts