Standard Label: | Net liabilities or assets for remaining coverage excluding loss component [member] |
Name: | ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember |
Identifier: | ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember |
Documentation: | This member stands for the net liabilities or assets for the remaining coverage component, excluding any loss component. A liability for remaining coverage is an entity�s obligation to: (a) investigate and pay valid claims under existing insurance contracts for insured events that have not yet occurred (ie the obligation that relates to the unexpired portion of the insurance coverage); and (b) pay amounts under existing insurance contracts that are not included in (a) and that relate to: (i) insurance contract services not yet provided (ie the obligations that relate to future provision of insurance contract services); or (ii) any investment components or other amounts that are not related to the provision of insurance contract services and that have not been transferred to the liability for incurred claims. [Refer: Insurance contracts [member]; Loss component [member]] |
Category of Term: | Concept |
References: | (Coming Soon!) |
Balance type: | none |
Period type: | duration |
Data type: | nonnum:domainItemType |
Last updated: 5/10/2021 5:11:55 PM