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SOFE Exam SOFA-CFE Topic 9 Question 93 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 93
Topic #: 9
[All SOFA-CFE Questions]

When gross premiums written are reduced by ceded reinsurance premiums in financial statements, the result is termed as:

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Suggested Answer: B

Contribute your Thoughts:

Kimi
1 days ago
I'm pretty sure it's option A. Reducing gross premiums by ceded reinsurance gives you net premiums written. Easy peasy!
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Cristy
3 days ago
I agree with Rocco, A) net premiums written is the correct term in this case.
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Rocco
4 days ago
I think it's A) net premiums written because it makes sense to subtract ceded reinsurance premiums from gross premiums.
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Mila
10 days ago
A) net premiums written
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