SOFE Exam SOFA-CFE Topic 5 Question 65 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 65
Topic #: 5

What refers to a reinsurance arrangement which involves a 100 percent cession of a company's block of business at a certain time?

Avariations

Bportfolio

Cproportionality

Dpremium reserves

Show Suggested Answer

Suggested Answer: A

by Bok at Feb 04, 2023, 08:10 AM

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Kanisha

4 days ago

I agree with Jonelle, because a 100 percent cession of a company's block of business is usually referred to as a portfolio.

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Wow, this one's a real head-scratcher! I'm guessing it's got something to do with the 100% cession, but I'm not sure if that's a good thing or a bad thing. Time to start brushing up on my reinsurance lingo.

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Jonelle

6 days ago

I think the answer is B) portfolio.

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SOFE Exam SOFA-CFE Topic 5 Question 65 Discussion

Contribute your Thoughts:

Kanisha

Delmy

Jonelle