Feldblum.Surplus - Revision history

Graham at 21:56, 26 January 2026

2026-01-26T21:56:31Z

Graham at 19:23, 26 November 2025

2025-11-26T19:23:28Z

Graham at 18:24, 18 March 2025

2025-03-18T18:24:33Z

Graham at 18:24, 18 March 2025

2025-03-18T18:24:09Z

Graham at 18:21, 18 March 2025

2025-03-18T18:21:59Z

Graham at 18:21, 18 March 2025

2025-03-18T18:21:30Z

Graham: /* Overview of Source Text */

2025-03-09T15:40:48Z

‎Overview of Source Text

Graham: /* Overview of Source Text */

2025-03-09T15:39:49Z

‎Overview of Source Text

Graham: /* Overview of Source Text */

2025-03-09T15:39:37Z

‎Overview of Source Text

Graham: /* Overview of Source Text */

2025-03-09T15:39:26Z

‎Overview of Source Text

@@ Line 79: / Line 79: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Feldblum&suffix=Surplus&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/feldblum-surplus<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/feldblum-surplus/195<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 297: / Line 297: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Feldblum&suffix=Surplus&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>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/feldblum-surplus<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/feldblum-surplus/195<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 1: / Line 1: @@
 '''Reading''': Statutory Surplus: Computation, Pricing and Valuation,” CAS Study Note, June 2003, '''pp. 1-10''', including errata. Candidates are not responsible for the endnotes.
 '''Author''': Feldblum, S.
-[https://www.battleacts6us.ca/vanillaforum6us/categories/feldblum-surplus<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/feldblum-surplus/195<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;

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 [https://battleacts6us.ca/video/250_Statutory_Surplus_(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;">'''(7:00) &rarr; Statutory Surplus - General Overview'''</span>] &nbsp;&nbsp;
 ([[Videos |Click here for all currently available videos.]])
 {| class='wikitable' style='background-color: navajowhite;

@@ Line 16: / Line 16: @@
 [https://battleacts6us.ca/video/250_Statutory_Surplus_(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;">'''(7:00) &rarr; Statutory Surplus - General Overview'''</span>] &nbsp;&nbsp;
 ([[Videos |Click here for all currently available videos.]])
 {| class='wikitable' style='background-color: navajowhite;

@@ Line 4: / Line 4: @@
 * This wiki article was substantially modified on '''March 9, 2025'''.
 * But note that it is '''essentially a <span style="color: red;">REVIEW</span> article.'''
-* There was '''never any new material''' in this reading &ndash; I just decided to expand it when I <u>made the video</u> <span style="color: red;">''(to be published soon)''</span> so that it now serves as a more comprehensive review of material from the Odomirok's financial reporting text.
+* There was '''never any new material''' in this reading &ndash; I just decided to expand it when I <u>made the video</u> so that it now serves as a more comprehensive review of material from the Odomirok's financial reporting text.
 |}

← Older revision		Revision as of 18:21, 18 March 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/feldblum-surplus<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/feldblum-surplus<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://battleacts6us.ca/video/250_Statutory_Surplus_(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;">'''(7:00) → Statutory Surplus - General Overview'''</span>]
		+	([[Videos \|Click here for all currently available videos.]])

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

@@ Line 137: / Line 137: @@
 | Non-Admitted Assets
 | Overdue or intangible assets are '''excluded''' from admitted assets, directly <span style="color: red;">'''reducing'''</span> surplus without affecting income.
-| <span style="color: brown;">Non-Admitted Assets</span>
+| <span style="color: purple;">Non-Admitted Assets</span>
 |-
 | The Asset Exhibit
@@ Line 153: / Line 153: @@
 | Office Furniture
 | Statutory accounting can require immediate expensing or non-admission of such assets, both <span style="color: red;">'''reducing'''</span> surplus.
-| <span style="color: blue;">Office Furniture</span>
+| <span style="color: purple;">Office Furniture</span>
 |-
 | Accrued Retrospective Premiums
@@ Line 161: / Line 161: @@
 | Statutory Liabilities: Provision for Reinsurance
 | Changes in the Schedule F provision go '''straight to surplus''', not through net income.
-| <span style="color: blue;">Provision for Reinsurance</span>
+| <span style="color: purple;">Provision for Reinsurance</span>
 |-
 | Unrealized Capital Gains
 | Market value '''increases''' (net of tax) credit surplus directly, rather than flowing through operating income.
-| <span style="color: blue;">Unrealized Capital Gains</span>
+| <span style="color: purple;">Unrealized Capital Gains</span>
 |-
 | Audit Premiums
 | '''Estimated''' vs. actual premiums affect written and earned premium calculations.
-| <span style="color: blue;">Audit Premiums</span>
+| <span style="color: purple;">Audit Premiums</span>
 |-
 | Deferred Policy Acquisition Costs and Premium Deficiency Reserve
 | GAAP '''defers''' acquisition costs, while statutory '''expenses''' them unless a deficiency reserve is needed.
-| <span style="color: blue;">DPAC & Premium Deficiency</span>
+| <span style="color: purple;">DPAC & Premium Deficiency</span>
 |-
 | Interest Due and Accrued
 | Interest overdue beyond 90 days is non-admitted, <span style="color: red;">'''reducing'''</span> admitted assets and surplus.
-| <span style="color: blue;">Interest Due & Accrued</span>
+| <span style="color: purple;">Interest Due & Accrued</span>
 |-
 | Real Estate
 | Any amount by which book value exceeds market value is non-admitted, <span style="color: red;">'''reducing'''</span> surplus.
-| <span style="color: blue;">Real Estate</span>
+| <span style="color: purple;">Real Estate</span>
 |-
 | Stockholder Dividends and Capital Contributions
 | Dividends <span style="color: red;">'''reduce'''</span> surplus directly; new share issuance '''raises''' surplus via paid-in capital.
-| <span style="color: blue;">Stockholder Dividends & Capital Contributions</span>
+| <span style="color: purple;">Stockholder Dividends & Capital Contributions</span>
 |}

@@ Line 133: / Line 133: @@
 | Balance Sheets and Income Statements
 | '''Surplus''' can be derived from the balance sheet <u>or</u> prior surplus plus current-year income, aligning only when all transactions appear in both statements.
-| <span style="color: green;">Basic Surplus Reconciliation</span>
+| <span style="color: purple;">Basic Surplus Reconciliation</span>
 |-
 | Non-Admitted Assets