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

2 months 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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Oretha

20 days ago

User 3: I agree, we don't want to end up with high premiums by choosing the wrong method.

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Desirae

21 days ago

User 2: Yeah, manual, judgmental, and merit rating seem like the most reliable methods.

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Ammie

28 days ago

User 1: I think D is the way to go for setting premium rates.

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Rutha

1 months ago

I agree, let's go with D to avoid any surprises.

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Enola

1 months ago

Yeah, manual, judgmental, and merit rating sound like a solid choice.

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Felicia

2 months ago

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

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Shalon

3 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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Verlene

1 months ago

I chose D too, it just made the most sense out of all the options.

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Carmelina

1 months ago

I also picked D, it seemed like the most logical choice.

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Gail

1 months ago

I agree, D is definitely the answer. Those options were tricky!

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Dan

3 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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Stephen

1 months ago

It's important to use manual and judgmental methods for setting premium rates to ensure accuracy.

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Freeman

2 months ago

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

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Laine

2 months ago

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

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Oren

2 months ago

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

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Chara

2 months 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

2 months ago

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

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Alesia

3 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

3 months ago

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

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Diane

3 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

3 months ago

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

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James

3 months ago

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

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Danica

3 months ago

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

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Jess

3 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

3 months ago

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

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Novella

4 months ago

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

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