UNGL

AcronymDefinition
UNGLUnited National Group Ltd
References in periodicals archive ?
UNGL = unrealized security gains and losses at the beginning of the year as a percentage of total assets at the beginning of the year.
We expect realized security gains and losses to be higher when there are higher unrealized security gains and losses, so we predict that the coefficient on UNGL will be positive.
In the security gains and losses regression, the significant positive coefficient on UNGL indicates that realized security gains and losses are increasing in unrealized gains and losses as of the beginning of the year, consistent with Scholes et al.