Discuss SOFE SOFA-CFE Exam Topic 9 Question 124

Estimation of the industry total losses and of the percentage covered by this particular insurance company is called:

Amarket share approach

Badvance analysis approach

Cspotlight analysis approach

Dcourt judgment approach

Suggested Answer: A

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21 comments · newest first

Cory 1 month ago

I agree with Sarah. B) advance analysis approach could provide deeper insights.

Catarina 1 month ago

A) market share approach makes sense. Covers the industry losses well.

Tawna 1 month ago

D) court judgment approach? That seems off for this question.

Mozelle 2 months ago

C) spotlight analysis approach sounds interesting. But not sure.

Chaya 2 months ago

I feel like B) advance analysis approach fits better. More detailed.

Shawnda 2 months ago

I think it's A) market share approach. Seems logical.

Daniel 2 months ago

I feel A) is the best choice too.

Malcolm 2 months ago

D) court judgment approach? Seems off.

Dorothy 2 months ago

A seems right, it fits the context.

Elvis 3 months ago

I lean towards C) spotlight analysis.

Denna 3 months ago

Not sure, but B) advance analysis sounds good.

Royal 3 months ago

I think it's A) market share approach.

Stanford 3 months ago

I thought it was the advance analysis approach!

Twanna 3 months ago

I remember learning about this in class, it's A for sure.

Elbert 4 months ago

Wait, is that really what it's called? Sounds off to me.

Ceola 5 months ago

Definitely A! Makes the most sense.

Brent 5 months ago

I think it's called the market share approach.

Quentin 6 months ago

I’m leaning towards the market share approach, but I have a nagging feeling that it could also be the advance analysis approach.

Loreta 6 months ago

The spotlight analysis approach sounds familiar, but I feel like it might be more about specific cases rather than overall industry losses.

Britt 6 months ago

I remember practicing a similar question where we discussed market share, but I can't recall if that was the right term for this specific context.

Grover 6 months ago

I think this question is about how companies assess their position in the market, but I'm not entirely sure which term fits best.

SOFE SOFA-CFE Exam - Topic 9 Question 124 Discussion