Re: Unrealized Capital Gains

Jason Sash ( Jason.T.Sash@EMCIns.Com )
Tue, 27 Oct 1998 13:09:04 -0600 (Central Standard Time)

Page 4 line 19 shows the change in unrealized capital gains. If you
trace the number back through the U/W and Investment Exhibit Part 1A to
Schedule D, it's a little clearer that they involve changes during the
year because the titles will say, for example, "Increase by Adjustment
in Book Value During Year."

On Tue, 27 Oct 1998 13:33:00 -0500 "Schuster, Annmarie"
<Annmarie_Schuster@CUUSA.com> wrote:

> Does anyone know if line 19 on Pg. 4 of the Annual Statement (Net
> unrealized capital gains) is actual unrealized capital gains or is it
> the change in unrealized capital gains?
>
> If it is actual, wouldn't you be taking the same unrealized capital
> gains out of surplus each year?
>
> Thanks,
> Annie

----------------------
Jason T. Sash
Jason.T.Sash@EMCIns.com