SOFE Exam AFE Topic 1 Question 49 Discussion

Actual exam question for SOFE's AFE exam

Question #: 49
Topic #: 1

[All AFE Questions]

The combined ratio is the sum of it:

Aloss ratio

Bexpense ratio

Cdividend ratio

DAll of the above

Show Suggested Answer

Suggested Answer: B

by Myra at Nov 18, 2022, 03:56 AM

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Augustine

1 months ago

The combined ratio is like the holy grail of insurance metrics. If you don't know it, you might as well be a llama in a llama convention.

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Leontine

1 months ago

Hmm, the combined ratio... is it like a secret insurance handshake or something? I'm lost on this one.

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Laquita

1 months ago

All of the above? Really? That can't be right. The combined ratio is just the loss and expense ratios, not dividends.

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Leonie

12 days ago

B) expense ratio

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Glenn

1 months ago

A) loss ratio

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Eladia

2 months ago

I thought the combined ratio included the dividend ratio too. Guess I need to brush up on my insurance terminology.

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Solange

13 days ago

D) All of the above

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Pearline

18 days ago

C) dividend ratio

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Louvenia

1 months ago

D) All of the above

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Denny

1 months ago

C) dividend ratio

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Karma

1 months ago

B) expense ratio

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Gilberto

1 months ago

A) loss ratio

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Avery

1 months ago

B) expense ratio

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Ashlyn

2 months ago

A) loss ratio

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Viki

2 months ago

The combined ratio is definitely the sum of the loss ratio and expense ratio. C'mon, this is basic insurance knowledge!

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Van

1 months ago

D) All of the above

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William

2 months ago

B) expense ratio

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Danica

2 months ago

A) loss ratio

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Avery

2 months ago

So the answer would be D) All of the above, right?

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Ardella

3 months ago

I agree with Audra. The dividend ratio is not part of the combined ratio.

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Audra

3 months ago

I think the combined ratio includes the loss ratio and expense ratio.

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