Example of calculating net income and investment return
In the part "Assume the following quantities are equal to 0", should it also include item "Net finance income (expenses) from reinsurance contracts held"?
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In the part "Assume the following quantities are equal to 0", should it also include item "Net finance income (expenses) from reinsurance contracts held"?
Comments
Could you elaborate more on where you are seeing this statement so I can find it in the wiki?
The location of this problem is in the following section but you have to scroll down a couple of pages to find it:
In this problem you're given the ISR (Insurance Service Result) directly so you don't have to make an assumption about the value of "Net finance income (expenses) from reinsurance contracts held".
Thanks for both of your reply! Graham refers to line 120. My question is about line 320. I assume they are not the same items?
Yes, I didn't read your original post carefully enough. I'll add a note underneath about that. Thx!