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

Contribute your Thoughts:

Submit Cancel

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

upvoted 0 times

...

14 days 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

...

18 days 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

...

18 days ago

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

upvoted 0 times

...

20 days ago

I think the answer is B) Loss development triangles.

upvoted 0 times

...