 |
| |||
| net of reinsurance (Alexander Demidov) | |||
net (Usually means 'net of reinsurance', i.e. after taking into account reinsurance operations (e.g. net combined ratio, net underwriting result, net claims, net premiums). In the context of investment income, it refers to a measure after deducting the cost of managing assets. In some cases, it refers to an after-tax measure (e.g. net income).  encyclo.co.uk Alexander Demidov) | |||