Description of composition of underlying items for contracts with direct participation features

NameDescriptionOfCompositionOfUnderlyingItemsForContractsWithDirectParticipationFeatures
Namespacehttp://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full
Prefixifrs-full
Data typexbrli:stringItemType
Period typeduration
Substitution Groupxbrli:item
BalanceNone
NillableTrue
AbstractFalse

Labels

TextLangRoleContainer role
Description of composition of underlying items for contracts with direct participation featuresenhttp://www.xbrl.org/2003/role/labelhttp://www.xbrl.org/2003/role/link
The description of the composition of the underlying items for contracts with direct participation features. Insurance contracts with direct participation features are insurance contracts for which, at inception: (a) the contractual terms specify that the policyholder participates in a share of a clearly identified pool of underlying items; (b) the entity expects to pay to the policyholder an amount equal to a substantial share of the fair value returns on the underlying items; and (c) the entity expects a substantial proportion of any change in the amounts to be paid to the policyholder to vary with the change in fair value of the underlying items. Underlying items are items that determine some of the amounts payable to a policyholder.enhttp://www.xbrl.org/2003/role/documentationhttp://www.xbrl.org/2003/role/link
Deskrizzjoni tal-kompożizzjoni tal-elementi sottostanti għall-kuntratti b’karatteristiċi ta’ parteċipazzjoni direttamthttp://www.xbrl.org/2003/role/labelhttp://www.xbrl.org/2003/role/link
Id-deskrizzjoni tal-kompożizzjoni tal-elementi sottostanti għall-kuntratti b’karatteristiċi ta’ parteċipazzjoni diretta. Kuntratti ta’ assigurazzjoni b’karatteristiċi ta’ parteċipazzjoni diretta huma kuntratti ta’ assigurazzjoni li għalihom, fil-bidu: (a) it-termini kuntrattwali jispeċifikaw li min ikollu polza ta’ assigurazzjoni jipparteċipa f’sehem ta’ ġabra ta’ elementi sottostanti identifikata b’mod ċar; (b) l-entità tistenna li tħallas lid-detentur tal-politika ammont ugwali għal sehem sostanzjali tar-redditi tal-valur ġust fuq l-elementi sottostanti; u (c) l-entità tistenna li proporzjon sostanzjali ta’ kwalunkwe bidla fl-ammonti li jridu jitħallsu lil min ikollu l-polza tvarja bil-bidla fil-valur ġust tal-elementi sottostanti. Elementi sottostanti huma elementi li jiddeterminaw xi wħud mill-ammonti pagabbli lil min ikollu polza ta’ assigurazzjoni.mthttp://www.xbrl.org/2003/role/documentationhttp://www.xbrl.org/2003/role/link

References

NameValueRole
NoteEffective 2021-01-01http://www.xbrl.org/2003/role/disclosureRef
NameIFRShttp://www.xbrl.org/2003/role/disclosureRef
Number17http://www.xbrl.org/2003/role/disclosureRef
IssueDate2020-01-01http://www.xbrl.org/2003/role/disclosureRef
Paragraph111http://www.xbrl.org/2003/role/disclosureRef
URIhttp://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2020-en-r&anchor=para_111&doctype=Standardhttp://www.xbrl.org/2003/role/disclosureRef
URIDate2020-01-01http://www.xbrl.org/2003/role/disclosureRef

Related Parent Concepts

NameRelation TypeRole
esma_technical:NullItems
domain-memberhttp://www.esma.europa.eu/xbrl/role/ext/BlockDefaultUseOfLineItemsSegment
esma_technical:NullItems
domain-memberhttp://www.esma.europa.eu/xbrl/role/ext/BlockDefaultUseOfLineItemsScenario