SOFE Exam AFE Topic 2 Question 27 Discussion

Actual exam question for SOFE's AFE exam

Question #: 27
Topic #: 2

What represents the amounts needed to provide for the estimated ultimate cost of settling claims relating to insured events that have occurred on or before a particular date?

AIndependent claim adjustment

BPayment of claims

CInsured claim adjustments

DClaim adjustment expenses

Show Suggested Answer

Suggested Answer: D

by Billye at May 05, 2022, 11:50 AM

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