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SOFE SOFA-CFE Exam - 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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Dudley
7 months ago
Yup, portfolio is the right term here!
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Tom
7 months ago
Definitely a portfolio arrangement, no doubt about it.
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Lovetta
7 months ago
Wait, 100 percent cession? That sounds risky!
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Tomas
7 months ago
Totally agree, it's a common practice in the industry.
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Madonna
7 months ago
It's called a portfolio transfer!
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Reena
8 months ago
I'm a bit confused; I thought "variations" could also apply here, but now I'm leaning towards "portfolio" after thinking it over.
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Lashawnda
8 months ago
This sounds familiar! I practiced a question like this before, and I believe it was about portfolio arrangements.
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Maynard
8 months ago
I remember studying something about 100 percent cessions, and I feel like "portfolio" is the right answer, but I could be mixing it up with another concept.
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Suzi
8 months ago
I think this might be related to portfolio transfers, but I'm not entirely sure if that's the exact term used in reinsurance.
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Sylvia
8 months ago
Okay, I think I've got this. Overseas investment by a domestic company would be a capital account transaction, not a current account one. Expenditure by an overseas visitor would be a credit, not a debit. I'm pretty sure the right answer is C - a flow of company profits to the parent company.
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Lavonda
8 months ago
I'm a bit confused by the question. It's not clear to me how a canvas app or the Virtual Agent would help achieve the goal of monitoring customer feedback and taking action. I'll need to think this through more carefully.
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Halina
8 months ago
Ah, I've got this! Creating a new role and assigning the necessary permissions is definitely one option. And copying an existing role and modifying it is the other way to go.
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Arlene
8 months ago
I feel pretty confident about this one. The key is that the existing VM-based vulnerability tooling doesn't apply to the containerized environment, so we need a container-specific solution. Setting up Container Analysis (option A) is the best way to address that requirement.
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Art
1 year 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
12 months ago
I'm not sure, but I'll go with premium reserves.
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Terrilyn
1 year ago
I'm leaning towards proportionality.
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Troy
1 year ago
I think it might be portfolio.
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Ahmad
1 year 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 year 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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Maurine
11 months ago
User 4: I'm not sure, but 'variations' could also make sense.
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Erick
11 months ago
User 3: 'Proportionality' sounds like it could be a valid option.
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Jules
11 months ago
User 2: I'm leaning towards 'premium reserves' as the answer.
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Ernest
11 months ago
User 1: I think 'portfolio' might be the right answer.
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Ricarda
11 months ago
D) premium reserves
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Gianna
11 months ago
C) proportionality
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Verda
11 months ago
B) portfolio
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Yen
1 year ago
A) variations
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Katy
1 year 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
1 year 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
1 year 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
1 year 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
1 year ago
D) premium reserves
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Karina
1 year ago
C) proportionality
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Dona
1 year ago
B) portfolio
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Mona
1 year ago
A) variations
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Jonelle
1 year ago
I think the answer is B) portfolio.
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