47 cash - An Overview

The Company's net realized capital gains and losses arise from many types of transactions, mostly in the course of handling a portfolio of assets that aid the payment of insurance plan liabilities. Internet recognized capital gains and losses are reflected in the condensed consolidated statements of functions in Internet financial commitment money (decline) in Just about every section. These cash gains and losses are the result of expense choices, industry circumstances along with other economic developments which might be unrelated towards the efficiency of the Company's enterprise, and the quantity and timing of those money gains and losses do circuitously relate to your underwriting of the business's coverage solutions, the providers executed for the organization's prospects or perhaps the sale of the organization's merchandise or services.

All 3rd-celebration names and logos are emblems in their respective owners. These homeowners will not be affiliated with GO2bank and also have not sponsored or endorsed GO2bank merchandise or products and services.

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The business believes that supplying these non-GAAP money measures enhances the corporation's and traders' skill to match the organization's past fiscal functionality with its current overall performance. These non-GAAP fiscal steps are furnished as supplemental data on the fiscal steps introduced During this push launch that happen to be calculated and introduced in accordance with GAAP. Non-GAAP fiscal steps shouldn't be regarded as a substitute for, or outstanding to, financial measures established or calculated in accordance with GAAP. The organization's definitions of its non-GAAP monetary measures may not be similar to likewise titled measures documented by other organizations.

Early tax refund deposit applies to federal tax returns submitted right with the Internal Earnings Assistance (IRS) and is dependent upon IRS timing, payment Guidelines and bank fraud avoidance actions.

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(3) Professional medical advantage ratio is calculated by dividing the Health and fitness Care Added benefits segment's overall health treatment expenses by quality revenues and represents The share of quality revenues used on health care benefits to the phase's insured users. Management employs MBR to evaluate the fundamental business efficiency and underwriting of its coverage goods, recognize variances concerning actual final results and anticipated benefits and detect traits in interval-over-period outcomes.

Substantial-produce discounts accounts vary from classic savings accounts in that they supply much higher fascination costs, which read more allows your money to expand more rapidly.

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Section economic facts as of and for that 3 months and yr finished December 31, 2022 has been revised to conform with present-day time period presentation for the next things: