Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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?

Show Suggested Answer Hide Answer
Suggested Answer: A

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

Limited Time Offer

25%

Off

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Art
3 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!
upvoted 0 times
Laurene
2 months ago
I'm not sure, but I'll go with premium reserves.
upvoted 0 times
...
Terrilyn
2 months ago
I'm leaning towards proportionality.
upvoted 0 times
...
Troy
2 months ago
I think it might be portfolio.
upvoted 0 times
...
...
Ahmad
3 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.
upvoted 0 times
...
Luisa
3 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.
upvoted 0 times
Maurine
21 days ago
User 4: I'm not sure, but 'variations' could also make sense.
upvoted 0 times
...
Erick
22 days ago
User 3: 'Proportionality' sounds like it could be a valid option.
upvoted 0 times
...
Jules
23 days ago
User 2: I'm leaning towards 'premium reserves' as the answer.
upvoted 0 times
...
Ernest
23 days ago
User 1: I think 'portfolio' might be the right answer.
upvoted 0 times
...
Ricarda
25 days ago
D) premium reserves
upvoted 0 times
...
Gianna
26 days ago
C) proportionality
upvoted 0 times
...
Verda
1 months ago
B) portfolio
upvoted 0 times
...
Yen
2 months ago
A) variations
upvoted 0 times
...
...
Katy
3 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.
upvoted 0 times
...
Janna
3 months ago
I'm not sure, but I think it could also be C) proportionality, as it involves a proportional transfer of risk.
upvoted 0 times
...
Kanisha
3 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.
upvoted 0 times
...
Delmy
3 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.
upvoted 0 times
Latrice
2 months ago
D) premium reserves
upvoted 0 times
...
Karina
2 months ago
C) proportionality
upvoted 0 times
...
Dona
3 months ago
B) portfolio
upvoted 0 times
...
Mona
3 months ago
A) variations
upvoted 0 times
...
...
Jonelle
3 months ago
I think the answer is B) portfolio.
upvoted 0 times
...

Save Cancel