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Term: Net liabilities or assets for remaining coverage excluding loss component [member]
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

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