Income Statement: Statutory Net Income (easier version)

nkekarnkekar
in Odomirok.8-9-IS

The formulas at the bottom of the interactive problem have:

investment income
= [ (investment revenue) ] – (investment expenses)
= [ (net investment income earned) + (net realized capital gains) ]

My understanding is that investment gain = (net investment income earned) + (net realized capital gains)

where total Net Income = UW Income + Net Investment Gain + Other Income - PH Dividens - Def/Foreign Tax Incurred

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