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SOFE Exam SOFA-CFE Topic 6 Question 99 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 99
Topic #: 6
[All SOFA-CFE Questions]

What utilize company-provided financial data to review and approve rate filings and to gather industry statistics?

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Suggested Answer: D

by Zona at Sep 13, 2024, 11:45 PM

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Leslie
1 months ago
Actuaries and bureaus, no doubt. I mean, who else would be responsible for analyzing all that financial data? The board of directors? They're too busy playing golf and approving bonuses!
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Myrtie
1 months ago
Actuaries and bureaus, all the way! Those actuaries are like financial wizards, weaving their magic with all those spreadsheets and statistics. 'Boards and risks'? What is this, a game of Monopoly?
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Quinn
2 months ago
I was tempted by the 'boards' options, but 'actuaries and bureaus' just makes more sense. You can't have a good insurance rate without the actuaries doing their magic.
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Elena
2 days ago
It's a combination of both actuaries and boards/bureaus that ensure accurate and fair insurance rates.
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Silvana
3 days ago
Boards and bureaus also have an important role in reviewing and approving rate filings.
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Robt
8 days ago
It's a combination of both actuaries and boards/bureaus that ensure accurate rate filings.
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Tammara
16 days ago
I agree, actuaries play a crucial role in determining insurance rates.
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Temeka
17 days ago
Boards and bureaus also play a part in reviewing and approving rate filings.
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Hortencia
19 days ago
I agree, actuaries play a crucial role in determining insurance rates.
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Kyoko
2 months ago
Actuaries and bureaus, of course! Those number-crunching actuaries are the ones who crunch the numbers and make sense of all that financial data.
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Asha
2 months ago
I'm not sure, but I think D) Actuaries and bureaus could also be involved in utilizing company-provided financial data.
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Latonia
2 months ago
Hmm, this seems to be asking about who analyzes financial data for the insurance industry. I'm going to go with option D, Actuaries and bureaus.
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Terrilyn
29 days ago
Actuaries are essential for gathering industry statistics.
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Glenn
1 months ago
Boards and bureaus also play a role in utilizing financial data.
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Francesco
2 months ago
Yeah, they're the ones who review and approve rate filings.
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Sean
2 months ago
I think it's actuaries and bureaus too.
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Ahmad
3 months ago
I agree with Lynna, because boards and bureaus are responsible for reviewing and approving rate filings.
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Lynna
3 months ago
I think the answer is A) Boards and bureaus.
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