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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?
Suggested Answer: D
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12 comments · newest first
LI
Lisandra
11 months ago
Totally agree with A, it’s the standard classification!
CO
Cory
11 months ago
Premiums are usually categorized as earned and unearned.
GE
Germaine
12 months ago
Wait, are we sure about A? Seems a bit off.
BE
Beula
12 months ago
I think D makes more sense, though.
EM
Emiko
12 months ago
It's definitely A, those are the right terms!
KA
Katlyn
1 year 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.
LE
Leontine
1 year ago
I’m a bit confused between written and earned premiums. I feel like I might mix those up on the exam.
HO
Howard
1 year ago
I think option D sounds familiar because we practiced a similar question about premium recognition stages in class.
RO
Rodrigo
1 year ago
I remember we discussed how premiums are categorized, but I'm not entirely sure about the specific terms used.
AR
Aretha
1 year 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.
NG
Ngoc
1 year 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.
VA
Van
1 year 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.