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SOFE Exam AFE Topic 2 Question 74 Discussion

Actual exam question for SOFE's AFE exam
Question #: 74
Topic #: 2
[All AFE Questions]

The entity transferring the risk is called the ceding entity and the entity to which the risk is transferred is called the assuming entity.

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Suggested Answer: C

by Maile at Apr 29, 2024, 05:28 AM

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Aileen
1 days ago
I'm pretty sure this is the correct terminology in the insurance industry. Transferring and assuming risk are key concepts.
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Veronica
5 days ago
This seems like a straightforward question. The answer is clearly A) True.
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Marci
7 days ago
False
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Willow
9 days ago
True
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Veda
16 days ago
True
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