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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?

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Suggested Answer: D

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

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Leslie
19 days ago
Actuaries and bureaus, no doubt. I mean, who else would be responsible for analyzing all that financial data? The board of directors? They're too busy playing golf and approving bonuses!
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Myrtie
21 days ago
Actuaries and bureaus, all the way! Those actuaries are like financial wizards, weaving their magic with all those spreadsheets and statistics. 'Boards and risks'? What is this, a game of Monopoly?
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Quinn
1 months ago
I was tempted by the 'boards' options, but 'actuaries and bureaus' just makes more sense. You can't have a good insurance rate without the actuaries doing their magic.
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Temeka
1 days ago
Boards and bureaus also play a part in reviewing and approving rate filings.
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Hortencia
3 days ago
I agree, actuaries play a crucial role in determining insurance rates.
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Kyoko
1 months ago
Actuaries and bureaus, of course! Those number-crunching actuaries are the ones who crunch the numbers and make sense of all that financial data.
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Asha
2 months 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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Latonia
2 months 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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Terrilyn
13 days ago
Actuaries are essential for gathering industry statistics.
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Glenn
15 days ago
Boards and bureaus also play a role in utilizing financial data.
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Francesco
30 days ago
Yeah, they're the ones who review and approve rate filings.
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Sean
1 months ago
I think it's actuaries and bureaus too.
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Ahmad
2 months ago
I agree with Lynna, because boards and bureaus are responsible for reviewing and approving rate filings.
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Lynna
2 months ago
I think the answer is A) Boards and bureaus.
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