ASOP.20 - Revision history

Graham at 15:34, 27 January 2026

2026-01-27T15:34:00Z

Graham at 21:49, 27 November 2025

2025-11-27T21:49:58Z

Graham at 23:28, 23 November 2025

2025-11-23T23:28:45Z

Graham: /* Miscellaneous Facts */

2025-11-14T00:28:28Z

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Graham: /* Miscellaneous Facts */

2025-11-09T22:15:25Z

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Graham: /* Miscellaneous Facts */

2025-11-09T22:14:49Z

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Graham: /* Miscellaneous Facts */

2025-11-09T22:14:03Z

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Graham: /* Miscellaneous Facts */

2025-11-09T22:12:57Z

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2025-11-09T22:12:22Z

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Graham: /* Miscellaneous Facts */

2025-11-09T22:11:35Z

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@@ Line 66: / Line 66: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=ASOP&suffix=20&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/asop-20<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+&nbsp;&nbsp;[https://battleacts.discourse.group/c/candidates-6u/asop-20/217<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==In Plain English!==
@@ Line 154: / Line 154: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=ASOP&suffix=20&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/asop-20<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+&nbsp;&nbsp;[https://battleacts.discourse.group/c/candidates-6u/asop-20/217<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

@@ Line 3: / Line 3: @@
 '''Author''': Actuarial Standards Board of the American Academy of Actuaries
-[https://www.battleacts6us.ca/vanillaforum6us/categories/asop-20<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+[https://battleacts.discourse.group/c/candidates-6u/asop-20/217<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 <span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> &rarr;

← Older revision		Revision as of 23:28, 23 November 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/asop-20<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/asop-20<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+
		+	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> →
		+	[https://battleacts8.ca/6u/video/450_Discounting_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(4:45) → Discounting - General Overview'''</span>]
		+	([[Videos \|Click here for all currently available videos.]])

	{\| class='wikitable' style='background-color: navajowhite;		{\| class='wikitable' style='background-color: navajowhite;

@@ Line 129: / Line 129: @@
 |-
 | 4
-| What is the biggest driver of discounting vs undiscounted estimates?
+| What is the biggest driver of discounted vs undiscounted estimates?
 | Timing of payments, not the ultimate total loss amount.
 |-

@@ Line 118: / Line 118: @@
 | 1
 | Does ASOP 20 apply to unpaid claims for '''future''' events?
-| No — only to claims from events already occurred.
+| No, only to claims from past events.
 |-
 | 2

@@ Line 141: / Line 141: @@
 |-
 | 7
-| According to ASOP 20 (discounting) identify 3 dates must be disclosed?
+| According to ASOP 20 (discounting) identify 3 dates that must be disclosed?
 | Accounting date, valuation date, review date.
 |}

@@ Line 133: / Line 133: @@
 |-
 | 5
-| Identify the 3 discount rate basis approaches.
+| According to ASOP 20 (discounting) identify the 3 discount rate basis approaches.
 | Risk-free, portfolio yield, rate selected by another party (with disclosure).
 |-

@@ Line 122: / Line 122: @@
 | 2
 | Does ASOP 20 apply to ratemaking discounting?
-| No — ratemaking excluded.
+| No, ratemaking is excluded.
 |-
 | 3
 | Does ASOP 20 apply to recoverables?
-| Yes — must consider timing + amount of recoverables.
+| Yes, must consider timing & amount of recoverables.
 |-
 | 4
@@ Line 138: / Line 138: @@
 | 6
 | According to ASOP 20 (discounting) identify the key portfolio approach consideration?
-| Match asset duration to claim payment timing + use net investment return.
+| Match asset duration to claim payment timing & use net investment return.
 |-
 | 7