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Old 05-31-2019, 03:58 PM
exam4 exam4 is offline
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Default NTG Ratio

In the latest "FASB Targeted Improvements Policy Framework", issued in April, 2019. The term NTG ratio (Net to Gross) shows up multiple times in the report. Does anyone know what it is, how it being calculated, and the purpose of calculating it?

Thank you in advance,
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Old 05-31-2019, 05:01 PM
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jraven jraven is offline
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What document specifically is using the terminology? I didn't have any luck turning up something appropriate with a quick Google search, and that specific terminology isn't used in the Accounting Standards Update (ASU 2018-12) on the targeted changes.

(I mean, I'm pretty sure I know what it's referring to, but it's always best to make sure.)
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Old 05-31-2019, 05:29 PM
exam4 exam4 is offline
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This is our company's internal documentation, so you won't be able to find anywhere online. For now, based on my understanding, this NTG ratio is referring to the difference between post-TI reserve and pre-TI reserve, and divided by PV of future prem. Thank you though.
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