You have obviously never been involved in the capital management of an insurance company. Quoting a book does not imply much knowledge. I guess you can pass actuarial exams that way but it does not make you an actuary. Just look at all the companies bought and sold at prices well above GAAP book value which is typically higher than the underlying surplus.
'You have obviously never been involved in the...'
HI, HARRY! You really gave yourself away with the old you-obviously-don't-know-anything-about-insurance-and-you've-obviously-never-slept-with-a-woman opening! You need some fresh material, dude. Hey, maybe you could read a book...?
As for the rest of it, it doesn't even make sense.