PET - Plain English Taxonomy

Name: ProbabilisticOutcomesDimension
Label: Probabilistic Outcomes Dimension
TREF ID: DM556
Type: Predefined
Description:
This dimension categorises the reported data according to the distribution of probabilistic outcomes.
Usage:

Dimension Members
Name Label TREF ID Description
CentralEstimate Central Estimate DV6124
The information relates to the Central Estimate, determined in accordance with relevant prudential standards. The central estimate is intended to reflect the mean value in the range of possible values for the outcome (that is, the mean of the distribution of probabilistic outcomes). This does not include any risk margin.
ProbabilityOfSufficiency Probability Of Sufficiency DV6128
The information relates to the probability of sufficiency.The probability of sufficiency is the probability that an estimated provision will prove to be sufficient for the purpose for which it was created. This includes the risk margin as determined in accordance with relevant prudential standards.
RiskMargin Risk Margin DV6126
The information relates to the risk margin as determined in accordance with relevant prudential standards.
StressedEstimate Stressed Estimate DV7832
The information reported is in relation to the stressed estimate, determined in accordance with the relevant prudential standards.