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SOFE Exam SOFA-CFE Topic 8 Question 66 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 66
Topic #: 8
[All SOFA-CFE Questions]

Reinsurance is the acceptance by one insurer, known as the reinsurer or the ______________, of all or part of the risk of loss of another (the original) insurer, called the _______________.

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Suggested Answer: B

Contribute your Thoughts:

Beckie
18 hours ago
I'm not sure about that. I think it might be C) insurance company, assuming company.
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Sharan
3 days ago
The correct answer is B) assuming company, ceding company. This is because the reinsurer is the assuming company that takes on the risk from the original insurer, known as the ceding company.
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Lanie
9 days ago
I agree with Lashandra. The reinsurer is the assuming company and the original insurer is the ceding company.
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Lashandra
12 days ago
I think the answer is B) assuming company, ceding company.
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