# ASC 405-30-35: Liabilities — Insurance-Related Assessments — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/405/30/#35-subsequent-measurement)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:14:35.204Z to 2026-09-10T00:14:35.204Z

Record version: sha256:19656d9ed34b4ace8d1e45749d2064ebb6dd8a8a5e9a90a003fe822726c1c972

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 405-30-35: 35 Subsequent Measurement

[Read section](https://asc.understandingaccounting.org/asc/405/30/#35-subsequent-measurement)

SEC content: no

#### Asset for Premium Tax Offsets and Policy Surcharges

##### [405-30-35-1](https://asc.understandingaccounting.org/asc/405/30/#405-30-35-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:14:35.204Z to 2026-09-10T00:14:35.204Z

Record version: sha256:a60dee53e81cef37d02bbdef0e171dfd8dd8f909a2327c0c54e1ed0010da993e

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The asset recorded under paragraph [405-30-25-8](https://asc.understandingaccounting.org/asc/405/30/#405-30-25-8) for [premium tax offsets](https://asc.understandingaccounting.org/glossary/p/#premium-tax-offsets "Offsets against premium taxes levied on insurance entities by states.") and policy surcharges shall be subject to a valuation allowance to reflect any portion of the asset that is no longer probable of realization. Considering expected future premiums other than on [in-force policies](https://asc.understandingaccounting.org/glossary/i/#in-force-policies "Policies effective before a specified date that have not yet expired or been cancelled.") in evaluating the recoverability of premium tax offsets or policy surcharges is not appropriate.