SOFE Exam AFE Topic 1 Question 86 Discussion

Actual exam question for SOFE's AFE exam

Question #: 86
Topic #: 1

[All AFE Questions]

The methods used for the premium rates establishment are:

AManual, judgmental and premium rating

BCommercial, judgmental and merit rating

CManual, experimental and merit rating

DManual, judgmental and merit rating

Show Suggested Answer

Suggested Answer: B

by Louisa at Sep 18, 2024, 09:19 AM

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Xuan

24 days ago

I'm sure the premium rates for this exam are no joke. Better choose D or you might end up in the red!

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Felicia

1 days ago

I think D is the way to go for the premium rates.

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Shalon

1 months ago

D is the answer, no doubt. But I bet the exam writer had a real 'premium' time coming up with these options!

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Dan

1 months ago

D is the way to go, folks. Manual and judgmental methods are the industry standard for premium rate setting.

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Freeman

16 days ago

I think D is the best choice for ensuring accurate premium rates.

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Laine

18 days ago

Manual and judgmental methods are tried and true in the industry.

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Oren

21 days ago

I agree, D seems like the most reliable option for setting premium rates.

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Chara

26 days ago

I think D is the best option too. It's important to have a solid method for setting premium rates.

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Esteban

28 days ago

I agree, D is definitely the way to go. Manual and judgmental methods are tried and true.

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Alesia

2 months ago

Hmm, I was thinking B might be the right answer. But after reconsidering, D is the way to go.

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Olive

2 months ago

I agree with Diane. Option D is the most appropriate choice here.

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Diane

2 months ago

Option D seems like the correct answer. Manual and judgmental methods are commonly used in premium rate establishment.

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Inocencia

2 months ago

I'm not sure about the experimental method, but manual, judgmental, and merit rating seem logical.

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James

2 months ago

I agree with Danica, those methods make sense for establishing premium rates.

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Danica

2 months ago

I think the methods used are manual, judgmental, and premium rating.

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Jess

2 months ago

I'm not sure about that, I think it could also be C) Manual, experimental and merit rating.

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Jeanice

2 months ago

I agree with Novella, because manual and judgmental methods are commonly used in premium rate establishment.

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Novella

2 months ago

I think the answer is D) Manual, judgmental and merit rating.

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