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Term: Loss component [member]
Standard Label: Loss component [member]
Name: ifrs-full:LossComponentMember
Identifier: ifrs-full_LossComponentMember
Documentation: This member stands for the loss component of the liability for remaining coverage. An entity shall establish (or increase) a loss component of the liability for remaining coverage for an onerous group depicting the losses recognised applying paragraphs 47–48 of IFRS 17. The loss component determines the amounts that are presented in profit or loss as reversals of losses on onerous groups and are consequently excluded from the determination of insurance revenue. [Refer: Insurance contracts [member]; Net liabilities or assets for remaining coverage excluding 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 5:11:53 PM

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