SOFE Exam AFE Topic 1 Question 86 Discussion

Actual exam question for SOFE's AFE exam

Question #: 86
Topic #: 1

[All AFE Questions]

The methods used for the premium rates establishment are:

AManual, judgmental and premium rating

BCommercial, judgmental and merit rating

CManual, experimental and merit rating

DManual, judgmental and merit rating

Show Suggested Answer

Suggested Answer: B

by Louisa at Sep 18, 2024, 09:19 AM

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Dan

8 days ago

D is the way to go, folks. Manual and judgmental methods are the industry standard for premium rate setting.

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Alesia

9 days ago

Hmm, I was thinking B might be the right answer. But after reconsidering, D is the way to go.

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Olive

13 days ago

I agree with Diane. Option D is the most appropriate choice here.

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Diane

14 days ago

Option D seems like the correct answer. Manual and judgmental methods are commonly used in premium rate establishment.

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Inocencia

14 days ago

I'm not sure about the experimental method, but manual, judgmental, and merit rating seem logical.

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James

15 days ago

I agree with Danica, those methods make sense for establishing premium rates.

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Danica

16 days ago

I think the methods used are manual, judgmental, and premium rating.

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Jess

19 days ago

I'm not sure about that, I think it could also be C) Manual, experimental and merit rating.

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Jeanice

20 days ago

I agree with Novella, because manual and judgmental methods are commonly used in premium rate establishment.

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Novella

23 days ago

I think the answer is D) Manual, judgmental and merit rating.

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