SOFE Exam SOFA-CFE Topic 1 Question 96 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 96
Topic #: 1

[All SOFA-CFE Questions]

The greater the size of the Incurred but not reported (IBNR) liabilities, the longer the:

Acatastrophe procedure

Btrack claims

Cemergence pattern

Dsettlement pattern

Show Suggested Answer

Suggested Answer: A

by Ezekiel at Sep 10, 2024, 01:42 PM

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3 days ago

I'm not sure, but I think it could also be C) emergence pattern because it takes longer for the claims to emerge.

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12 days ago

I agree with Jess, a larger IBNR liability would indicate a longer settlement pattern.

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16 days ago

I think the answer is D) settlement pattern.

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