Net Gain From Operations

Definition of "Net gain from operations"

Christopher Hurd real estate agent
Christopher Hurd, Real Estate Agent RE/MAX C.C. Connection Inc.

Statutory accounting principles (SAP), as listed in the insurance company's annual financial statements filed with the insurance commissioner of each state in which it is licensed. Income that is equal to the net income is filed under generally ACCEPTED ACCOUNTING PRINCIPLES (GAAP).

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