Capital Gains (Loss) excess (deficiency) of the sales price of an asset over its book value. Calculated on the basis of original cost adjusted, as appropriate, for accrual of discount or amortization of premium and for depreciation. What is Capital Gains (Loss) , What does mean Capital Gains (Loss) , Insurance Guide, Insurance Glossary
Non proportional Reinsurance reinsurance that is not secured on individual lives for specific individual amount of reinsurance, but rather reinsurance that prot... more