SOFE Exam AFE Topic 2 Question 74 Discussion

Actual exam question for SOFE's AFE exam

Question #: 74
Topic #: 2

[All AFE Questions]

The entity transferring the risk is called the ceding entity and the entity to which the risk is transferred is called the assuming entity.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: C

by Maile at Apr 29, 2024, 05:28 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Haha, this question is a piece of cake! I could answer this in my sleep. Definitely going with A) True.

upvoted 0 times

...

10 days ago

I'm pretty sure this is the correct terminology in the insurance industry. Transferring and assuming risk are key concepts.

upvoted 0 times

...

14 days ago

This seems like a straightforward question. The answer is clearly A) True.

upvoted 0 times

...

16 days ago

False

upvoted 0 times

...

18 days ago

True

upvoted 0 times

...

25 days ago

True

upvoted 0 times

...