Insurance Service Results
The formula to get ISR is
Line 099: Total Insurance Revenue (TIR)
Line 120: Net Expenses from Reinsurance Contracts Held (NRE)
Less
Line 110: Insurance Service Expenses (ISE) ← shout-out to ThrowGrow!
Why do we ADD line 120 since it sounds like "expenses"? How can I interpret this?
Thanks!
Comments
NM, just read the contents and apparently it is a confusing term. I guess I'll just have to memorize it.
When all else fails, just commit it to memory.