SOFE Exam AFE Topic 2 Question 59 Discussion

Actual exam question for SOFE's AFE exam

Question #: 59
Topic #: 2

[All AFE Questions]

What of a life insurer's is determined by applying factors for risk components to specific on and off-balance sheet assets or liabilities and by adding the results?

AThe annual Return

BBusiness policy

CProvincial act

DCapital requirement

Show Suggested Answer

Suggested Answer: D

by Shalon at Jul 03, 2023, 09:46 AM

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Ashley

2 months ago

Capital requirement, definitely. I wonder if the exam writers have a sense of humor and will throw in a question about the 'annual return of a llama' just to keep us on our toes.

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Lai

26 days ago

I think it's just about testing our knowledge on capital requirements.

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Lai

28 days ago

I hope not, that would be confusing.

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Lai

1 months ago

Capital requirement, definitely.

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Hector

2 months ago

Ah, the joys of insurance exams. I'm going to go with D) Capital requirement on this one. Hopefully, there's no trick question hidden in there.

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Murray

25 days ago

Rolland: Exactly, can't take any chances when it comes to insurance.

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Rolland

1 months ago

User 2: Yeah, it's all about making sure the insurer has enough capital to cover potential risks.

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Tandra

1 months ago

User 1: I agree, D) Capital requirement seems like the most logical choice.

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Stephaine

3 months ago

I've been studying this topic extensively, and I'm confident that the capital requirement is determined by applying factors for risk components. Gotta love those regulatory details!

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Stevie

1 months ago

Definitely, understanding regulatory details is crucial in the insurance industry.

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Aja

1 months ago

That's right, it's all about managing risk and ensuring financial stability.

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Ira

1 months ago

Regulatory details can be fascinating, right?

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Omer

2 months ago

Yes, the capital requirement is determined by applying factors for risk components.

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Shawnda

2 months ago

Yes, you're right. It's determined by applying factors for risk components.

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Audra

2 months ago

I think it's D) Capital requirement.

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Edgar

2 months ago

D) Capital requirement

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Leonida

2 months ago

C) Provincial act

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Casie

2 months ago

B) Business policy

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Katy

2 months ago

A) The annual Return

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Mayra

3 months ago

Hmm, this question seems to be testing my understanding of insurance regulations. I'm pretty sure the correct answer is D) Capital requirement.

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Alecia

30 days ago

Provincial act might play a role, but ultimately it comes down to meeting the capital requirement.

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Casandra

1 months ago

It's definitely not just about the annual return or business policy.

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Trina

1 months ago

Yeah, the capital requirement is crucial for life insurers to ensure they can cover their risks.

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Mitsue

1 months ago

I think you're right, it's all about the capital requirement.

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Marisha

2 months ago

Understanding the factors that determine capital requirements is crucial for insurance companies.

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Glory

2 months ago

Capital requirement helps protect policyholders and ensures the insurer can meet its obligations.

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German

2 months ago

It's important for life insurers to meet their capital requirements to ensure financial stability.

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Mollie

3 months ago

I agree, the correct answer is D) Capital requirement.

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Effie

3 months ago

I'm not sure, but it makes sense that the capital requirement is calculated based on specific factors for risk components.

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Stephaine

3 months ago

I agree with Ozell, because capital requirement is determined by applying factors for risk components to assets and liabilities.

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Ozell

3 months ago

I think the answer is D) Capital requirement.

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Glenna

3 months ago

I'm not sure, but I think it makes sense that the capital requirement is calculated based on specific assets and liabilities.

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Hannah

3 months ago

I agree with Wilford, because capital requirement is determined by applying factors for risk components.

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Wilford

4 months ago

I think the answer is D) Capital requirement.

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