SOFE Exam AFE Topic 4 Question 98 Discussion

Actual exam question for SOFE's AFE exam

Question #: 98
Topic #: 4

[All AFE Questions]

Average severities projection method uses various claim count and average cost per claim date on either a paid or insured basis.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: A

by Bette at Apr 09, 2025, 09:55 AM

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1 days ago

Ah, the age-old debate of paid vs. insured basis. This is a tricky one. I'll have to think it through carefully.

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7 days ago

I'm pretty sure I learned this in my actuarial classes. Better double-check, but I'm feeling confident about B.

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9 days ago

This sounds like something I should definitely know for the exam. Let's see... Paid or insured basis? Hmm, I'll go with A.

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11 days ago

I disagree, I believe it's B) False.

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16 days ago

I think the answer is A) True.

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