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.

ALoss liability triangles

BLoss development triangles

CNon-admitted triangles

DAccident period triangles

Show Suggested Answer

Suggested Answer: C

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

Limited Time Offer

25%

Off

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Alida

1 months ago

Hmm, I think the answer is B. Loss development triangles. Sounds about right to me.

upvoted 0 times

Mee

2 days ago

Yes, Loss development triangles make sense in this context.

upvoted 0 times

...

Hyun

3 days ago

I agree, Loss development triangles are usually organized with the origin period set to the period in which the contract incepted.

upvoted 0 times

...

Jeanice

2 months ago

Definitely going with option B. Loss development triangles is the way to go, no doubt about it.

upvoted 0 times

Lashawnda

10 days ago

I see your point, but I still think loss development triangles provide the most comprehensive view of our data.

upvoted 0 times

...

Evangelina

13 days ago

I think accident period triangles could also be useful for understanding the timing of losses.

upvoted 0 times

...

Alise

17 days ago

I agree, loss development triangles are crucial for analyzing trends over time.

upvoted 0 times

...

Mitsue

2 months ago

Ah, the classic loss development triangles. I remember those from my actuarial exams. Gotta love those pesky insurance terms!

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

Twila

1 months ago

Non-admitted triangles are more about tracking losses that are not covered by the insurer, right?

upvoted 0 times

...

Estrella

1 months ago

I think accident period triangles are different, they focus on losses based on when the accident occurred.

upvoted 0 times

...

Bok

1 months ago

That makes sense, it helps track how losses develop over time since the contract started.

upvoted 0 times

...

Hollis

2 months ago

I agree, loss development triangles are typically organized with the origin period set to the contract inception date.

upvoted 0 times

...

Deeann

2 months ago

I agree with Georgene, because loss development triangles track the development of losses over time.

upvoted 0 times

...

Georgene

2 months ago

I think the answer is B) Loss development triangles.

upvoted 0 times

...