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SOFE SOFA-CFE Exam - Topic 8 Question 129 Discussion

When gross premiums written are reduced by ceded reinsurance premiums in financial statements, the result is termed as:
A) net premiums written
B) ceded premiums
C) net analyzed premiums
D) earn premiums written

SOFE SOFA-CFE Exam - Topic 8 Question 129 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 129
Topic #: 8
[All SOFA-CFE Questions]

When gross premiums written are reduced by ceded reinsurance premiums in financial statements, the result is termed as:

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Suggested Answer: A

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Alease
3 days ago
Wait, are we sure it's not C? Sounds kinda right too.
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Estrella
8 days ago
Totally agree, A is the right answer!
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Tamar
14 days ago
It's definitely A) net premiums written.
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Roxane
19 days ago
I thought it was earn premiums written at first, but A makes more sense.
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Leah
24 days ago
Just to clarify, ceded premiums are separate from this.
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Lettie
29 days ago
Wait, are we sure it's not C? Sounds kinda right too.
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Susana
1 month ago
Totally agree with A!
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Larae
1 month ago
It's definitely A) net premiums written.
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Sueann
1 month ago
I feel like I’ve seen this concept before, and it was definitely related to net premiums. So I’m leaning towards A) net premiums written as well.
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Meghan
2 months ago
I’m a bit confused about this one. I thought ceded premiums were just the amounts paid for reinsurance, not the final figure.
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Cortney
2 months ago
I remember practicing a similar question where we discussed how reinsurance affects premium calculations. I think it’s definitely A) net premiums written.
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Viki
2 months ago
I think the answer might be A) net premiums written, but I'm not entirely sure. We covered this in class, but I might be mixing it up with something else.
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