Net income includes or excludes realized gains (losses)
hi,
I looked at 2018_2_fall Q24, where they compute NI and they don't include realized gains (Losses) in the calculation.
Then in 2015_2 fall Q22, it is included in the calculation. am i missing something?
Does UW income already includes realized gains?
we are talking about realized gains on what?
thanks
Comments
after revision i understand that:
investment income does not include Realized gain
Net investment income does include realized gain and investment expenses
thanks
I think there was a big post on the forum about this question https://www.battleactsmain.ca/vanillaforum/discussion/44/fall-2017-25-ror#latest