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SOFE Exam SOFA-CFE Topic 8 Question 33 Discussion

Actual exam question for SOFE's Certified Financial Examiner exam
Question #: 33
Topic #: 8
[All Certified Financial Examiner Questions]

A combined ratio under 100 percent reflects an underwriting profit, with a combined ratio above 100 percent reflecting an underwriting loss.

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Suggested Answer: A

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