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SOFE Exam AFE Topic 1 Question 49 Discussion

Actual exam question for SOFE's AFE exam
Question #: 49
Topic #: 1
[All AFE Questions]

The combined ratio is the sum of it:

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Suggested Answer: B

by Myra at Nov 18, 2022, 03:56 AM

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Augustine
18 days ago
The combined ratio is like the holy grail of insurance metrics. If you don't know it, you might as well be a llama in a llama convention.
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Leontine
21 days ago
Hmm, the combined ratio... is it like a secret insurance handshake or something? I'm lost on this one.
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Laquita
27 days ago
All of the above? Really? That can't be right. The combined ratio is just the loss and expense ratios, not dividends.
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Glenn
18 days ago
A) loss ratio
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Eladia
2 months ago
I thought the combined ratio included the dividend ratio too. Guess I need to brush up on my insurance terminology.
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Pearline
2 days ago
C) dividend ratio
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Louvenia
15 days ago
D) All of the above
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Denny
16 days ago
C) dividend ratio
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Karma
16 days ago
B) expense ratio
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Gilberto
29 days ago
A) loss ratio
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Avery
29 days ago
B) expense ratio
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Ashlyn
1 months ago
A) loss ratio
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Viki
2 months ago
The combined ratio is definitely the sum of the loss ratio and expense ratio. C'mon, this is basic insurance knowledge!
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Van
28 days ago
D) All of the above
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William
1 months ago
B) expense ratio
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Danica
1 months ago
A) loss ratio
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Avery
2 months ago
So the answer would be D) All of the above, right?
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Ardella
2 months ago
I agree with Audra. The dividend ratio is not part of the combined ratio.
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Audra
2 months ago
I think the combined ratio includes the loss ratio and expense ratio.
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