PET - Plain English Taxonomy

Label:	Expense Insurance Outward Reinsurance Premium Amount
TREF ID:	DE454
Data Type:	xbrli:monetaryItemType
Period Type:	duration
Balance Type:	debit
Business Description & Guidance:	For interpretation/definition of this item refer to the Australian Accounting Standards, as an example, see provided reference

Usage

Form	Labels
DRF_310_0	Label: Guidance:	Outwards Insurance Expense For the purpose of Discretionary Mutual Fund (DMF) reporting, this is the value of outwards insurance expense. Outwards insurance is an agreement whereby an entity transfers part or all of its risk of loss under cover it writes by means of a separate contract or treaty with another insurance company.
DRF_310_1	Label:	Insurance Expense
GRF_310_1_L	Label: Guidance:	Total Reinsurance Expense - Accounting Standards Report the total reinsurance expense that would be reported under AASB 1023. Where there is no difference to the amount reported as 'total reinsurance expense as per prudential standards' report the same amount. Where the insurer does not ordinarily calculate reinsurance expense under AASB 1023, input zero.
LRF_310_1	Label: Guidance:	Revenue: outward reinsurance premiums expense Outwards reinsurance premiums expense is to be entered as expense amounts (i.e. as negative amounts).