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SOFE Exam SOFA-CFE Topic 9 Question 95 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 95
Topic #: 9
[All SOFA-CFE Questions]

___________________are often organized with the origin period set to the period in which the contract incepted.

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Suggested Answer: C

by Jame at Aug 23, 2024, 01:32 AM

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Alida
29 days ago
Hmm, I think the answer is B. Loss development triangles. Sounds about right to me.
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Jeanice
1 months ago
Definitely going with option B. Loss development triangles is the way to go, no doubt about it.
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Alise
1 days ago
I agree, loss development triangles are crucial for analyzing trends over time.
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Mitsue
1 months ago
Ah, the classic loss development triangles. I remember those from my actuarial exams. Gotta love those pesky insurance terms!
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Barb
2 months ago
I'm not sure, but I think it could also be D) Accident period triangles since they are organized based on the accident period.
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Hildegarde
2 months ago
Loss development triangles seems like the correct answer here. The origin period for these is usually set to the inception date of the contract.
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Twila
19 days ago
Non-admitted triangles are more about tracking losses that are not covered by the insurer, right?
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Estrella
20 days ago
I think accident period triangles are different, they focus on losses based on when the accident occurred.
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Bok
23 days ago
That makes sense, it helps track how losses develop over time since the contract started.
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Hollis
1 months ago
I agree, loss development triangles are typically organized with the origin period set to the contract inception date.
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Deeann
2 months ago
I agree with Georgene, because loss development triangles track the development of losses over time.
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Georgene
2 months ago
I think the answer is B) Loss development triangles.
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