SOFE Exam SOFA-CFE Topic 6 Question 99 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 99
Topic #: 6

[All SOFA-CFE Questions]

What utilize company-provided financial data to review and approve rate filings and to gather industry statistics?

ABoards and bureaus

BBoards and risks

CBoards and investments

DActuaries and bureaus

Show Suggested Answer

Suggested Answer: D

by Zona at Sep 13, 2024, 11:45 PM

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4 days ago

I'm not sure, but I think D) Actuaries and bureaus could also be involved in utilizing company-provided financial data.

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8 days ago

Hmm, this seems to be asking about who analyzes financial data for the insurance industry. I'm going to go with option D, Actuaries and bureaus.

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15 days ago

I agree with Lynna, because boards and bureaus are responsible for reviewing and approving rate filings.

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16 days ago

I think the answer is A) Boards and bureaus.

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