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SOFE AFE Exam - Topic 1 Question 75 Discussion

Posted by Broderick on May 12, 2024 at 11:01 AM

What is applied to the sale of all or a block of an entity's insurance in force of another entity?

Suggested Answer: C

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38 comments · newest first
FE
Fernanda 10 months ago
Agreed, Portfolio Reinsurance is the correct term here.
CA
Catalina 11 months ago
Really? I had no idea about this whole reinsurance thing.
ME
Merilyn 11 months ago
No way, it's not Poly-holder insurance.
VE
Veronika 11 months ago
I thought it was Syndicated insurance.
AI
Aileen 11 months ago
It's definitely Portfolio Reinsurance!
AN
Anna 12 months ago
I thought Poly-holder insurance was a term we covered, but it doesn't seem to fit this question at all. I’m leaning towards B.
ED
Edelmira 12 months ago
Syndicated insurance rings a bell, but I feel like that relates more to how insurance is shared among multiple entities rather than the sale of a block.
MA
Marylou 12 months ago
I remember discussing something about insurance blocks in class, but I can't recall if it was specifically about Portfolio Reinsurance or something else.
RE
Reed 1 year ago
I think the answer might be Portfolio Reinsurance, but I'm not entirely sure. It sounds familiar from our last practice session.
MI
Mickie 1 year ago
I feel pretty good about this one. The language seems to be describing a portfolio transfer or reinsurance deal, so I'm going to go with B. Portfolio Reinsurance.
MA
Maryanne 1 year ago
Okay, let me try to break this down. The key is understanding what "applied to the sale of all or a block of an entity's insurance in force of another entity" means. I think that points to some kind of reinsurance transaction, so I'm leaning towards B.
SY
Sylvie 1 year ago
Hmm, I'm not sure about this one. The options don't seem super clear to me. I'll have to think it through carefully.
JA
Jacki 1 year ago
This question seems pretty straightforward. I'm pretty confident the answer is B, Portfolio Reinsurance.
GI
Gilberto 1 year ago
I'm a bit confused by the wording here. I'll have to re-read the question a few times and think about the insurance industry terminology to try to figure this out.
LA
Lashunda 1 year ago
This looks like a straightforward question on the key factors that the Scrum Master should consider when developing the Prioritized Product Backlog. I'll focus on understanding the options and selecting the one that best matches the question.
LO
Louis 1 year ago
Ha! 'Poly-holder insurance'? What even is that? I think I'll steer clear of that one.
CH
Christiane 1 year ago
↳ replying to Louis
User 3: Syndicated insurance is also a good choice for transferring risk.
EL
Elke 1 year ago
↳ replying to Louis
User 2: I agree, it's a common practice in the insurance industry.
AN
Annelle 1 year ago
↳ replying to Louis
User 1: Portfolio Reinsurance sounds like the best option.
HO
Hobert 1 year ago
I'm not sure, but I think Portfolio Reinsurance is the best option based on the question.
TE
Terrilyn 1 year ago
I agree with Billy, Portfolio Reinsurance makes sense for that question.
RA
Ranee 1 year ago
Definitely not option A. 'Insurance impede' doesn't even make sense in this context. I'm leaning towards D, Syndicated insurance.
SH
Shonda 1 year ago
↳ replying to Ranee
Let's go with D, Syndicated insurance.
SA
Salina 1 year ago
↳ replying to Ranee
I'm not sure, but D, Syndicated insurance, seems plausible.
LA
Latrice 1 year ago
↳ replying to Ranee
I think it's B, Portfolio Reinsurance.
RE
Renea 1 year ago
↳ replying to Ranee
I agree, option A doesn't sound right.
SU
Susy 1 year ago
↳ replying to Ranee
I think B, Portfolio Reinsurance, is the correct answer.
PA
Pauline 1 year ago
↳ replying to Ranee
I agree, option A doesn't sound right.
BI
Billy 1 year ago
I think the answer is B) Portfolio Reinsurance.
FA
Fairy 1 year ago
Hmm, I'm not too sure about this one. I'll have to think it through a bit more before deciding.
ER
Erasmo 1 year ago
I'm not sure, but I think it's D) Syndicated insurance.
RY
Ryann 2 years ago
I'm going to go with option B. Portfolio Reinsurance seems like the most logical choice here.
LU
Lucina 1 year ago
↳ replying to Ryann
I'm also going with Portfolio Reinsurance, it just makes sense.
MA
Maile 1 year ago
↳ replying to Ryann
Portfolio Reinsurance is definitely the right answer.
JI
Jina 1 year ago
↳ replying to Ryann
I think Portfolio Reinsurance is the best option as well.
TI
Tijuana 1 year ago
↳ replying to Ryann
I agree, Portfolio Reinsurance is the correct choice.
GE
Georgiann 2 years ago
I agree with Delsie, Portfolio Reinsurance makes sense for this question.
DE
Delsie 2 years ago
I think the answer is B) Portfolio Reinsurance.
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