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SOFE SOFA-CFE Exam - Topic 8 Question 33 Discussion

Posted by Daniela on May 08, 2022 at 10:46 PM

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

Suggested Answer: A

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12 comments · newest first
NI
Nieves 11 months ago
Under 100 means profit, got it!
MA
Marisha 11 months ago
Wait, are we sure about that? Sounds off.
KR
Krissy 12 months ago
Totally agree, it's all about that ratio!
MA
Mattie 12 months ago
I thought it was the other way around.
GL
Gladis 12 months ago
That's definitely true!
GO
Goldie 1 year ago
I definitely remember that a combined ratio under 100 is good, but I can't recall the exact implications of the other side.
IZ
Izetta 1 year ago
I recall discussing how a combined ratio over 100 means losses, so I would lean towards true, but I could be mistaken.
JU
Junita 1 year ago
I'm not entirely sure, but I feel like we practiced a similar question where the combined ratio was a key indicator of performance.
EV
Evan 1 year ago
I think the statement is true because I remember learning that a combined ratio under 100 indicates profitability.
NG
Ngoc 1 year ago
I remember from my training that a SnapMirror Synchronous license is required, but I can't recall if it's needed on both the source and destination clusters. I'll select B and D to cover my bases.
AZ
Azalee 1 year ago
I feel like the monthly or quarterly production detail might apply, but I'm not too confident on that being a characteristic.
LU
Luisa 1 year ago
Okay, let's see. I think the key here is to focus on the term "subzone" - that's likely the clue we need to identify the right method for controlling bandwidth in that specific context.
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