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SOFE Exam SOFA-CFE Topic 5 Question 65 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 65
Topic #: 5
[All SOFA-CFE Questions]

What refers to a reinsurance arrangement which involves a 100 percent cession of a company's block of business at a certain time?

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Suggested Answer: A

by Bok at Feb 04, 2023, 08:10 AM

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Art
1 months ago
This question is making my brain hurt. Maybe I should just start guessing and hope for the best. At least that way, I'll have a 25% chance of getting it right!
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Laurene
13 hours ago
I'm not sure, but I'll go with premium reserves.
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Terrilyn
8 days ago
I'm leaning towards proportionality.
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Troy
23 days ago
I think it might be portfolio.
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Ahmad
1 months ago
Hold up, are we talking about the premium reserves here? Because if so, that might just be the right answer. D is looking pretty good to me.
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Luisa
1 months ago
Hmm, I'm not sure if this is a trick question or what. Is 'proportionality' even a real thing in the reinsurance world? I'm gonna have to dig deeper on that one.
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Yen
14 days ago
A) variations
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Katy
1 months ago
Okay, let's think this through. A 100% cession of a block of business at a certain time... That sounds like a full-on portfolio transfer, right? I'm gonna go with B on this one.
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Janna
2 months ago
I'm not sure, but I think it could also be C) proportionality, as it involves a proportional transfer of risk.
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Kanisha
2 months ago
I agree with Jonelle, because a 100 percent cession of a company's block of business is usually referred to as a portfolio.
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Delmy
2 months ago
Wow, this one's a real head-scratcher! I'm guessing it's got something to do with the 100% cession, but I'm not sure if that's a good thing or a bad thing. Time to start brushing up on my reinsurance lingo.
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Latrice
27 days ago
D) premium reserves
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Karina
29 days ago
C) proportionality
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Dona
1 months ago
B) portfolio
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Mona
1 months ago
A) variations
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Jonelle
2 months ago
I think the answer is B) portfolio.
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