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SOFE SOFA-CFE Exam - Topic 4 Question 63 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 63
Topic #: 4
[All SOFA-CFE Questions]

Because premiums for a reinsurer typically are not fully earned when received, provision is made for recording premiums in which of the following stages of development?

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Suggested Answer: D

by Felix at Dec 28, 2022, 08:02 PM

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Lisandra
7 months ago
Totally agree with A, it’s the standard classification!
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Cory
7 months ago
Premiums are usually categorized as earned and unearned.
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Germaine
7 months ago
Wait, are we sure about A? Seems a bit off.
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Beula
7 months ago
I think D makes more sense, though.
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Emiko
7 months ago
It's definitely A, those are the right terms!
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Katlyn
8 months ago
I recall that unearned premiums are definitely part of the equation, but I can't quite remember the other two terms that go with it.
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Leontine
8 months ago
I’m a bit confused between written and earned premiums. I feel like I might mix those up on the exam.
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Howard
8 months ago
I think option D sounds familiar because we practiced a similar question about premium recognition stages in class.
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Rodrigo
8 months ago
I remember we discussed how premiums are categorized, but I'm not entirely sure about the specific terms used.
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Aretha
8 months ago
Hmm, I'm a bit confused on this one. I know we covered user-defined functions in class, but I can't quite remember the specific syntax for registering a table function. I'll have to think this through carefully.
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Ngoc
8 months ago
I'm a bit confused by the "cpython-36" part. I'll need to review my notes on file naming conventions to answer this.
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Van
8 months ago
I'm a bit confused by the options here. I'll need to weigh the pros and cons of each one to determine the best solution.
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