PET - Plain English Taxonomy

Label: Liabilities Insurance Technical Provision Excess Amount
TREF ID: DE8844
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: credit
Business Description & Guidance:
This is the value, as at the relevant date, of excess technical provisions calculated as UPL - (DRE + DAC) + URL - NPL, where:UPL = Unearned Premium Liability as determined in accordance with the relevant accounting standards.DRE = Deferred Reinsurance Expense (DRE) as determined in accordance with the relevant accounting standards.DAC = Deferred Acquisition Costs after writing down for the Liability Adequacy Test as determined in accordance with the relevant accounting standards.URL = Unexpired Risk Liability as determined in accordance with the relevant accounting standards.NPL = Premiums Liability net of recoveries, determined in accordance with the relevant prudential standards.Recoveries are determined in accordance with relevant prudential standards they are sum of expected reinsurance recoveries and non-reinsurance recoveries. 

Usage
Form Labels
Label:
Premiums liabilities surplus/(deficit)
Label:
PL surplus / (deficit)
Label:
Excess Technical Provision
Label:
Excess Technical Provision