Vendor: SOFE
Certifications: AFE Designation
Exam Name: Accredited Financial Examiner
Exam Code: AFE
Total Questions: 286 Q&As ( View Details)
Last Updated: Apr 15, 2024
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VCE
SOFE AFE Last Month Results
AFE Q&A's Detail
Exam Code: | AFE |
Total Questions: | 286 |
Single & Multiple Choice | 286 |
CertBus Has the Latest AFE Exam Dumps in Both PDF and VCE Format
AFE Online Practice Questions and Answers
Many companies have developed an asset/liability management approach that is founded on understanding product liabilities. Mortgages meet the primary objective of maintaining:
A. A tight asset/liability match
B. A well-diversified core of investments
C. A tight asset/liability match with a well-diversified core of investments.
D. Real estate lending by insurance companies
It is defined as a debt restructuring whereby the insurer for economic or legal reasons related to borrower financial difficulties, grants a concession to the debtor that it would not otherwise grant.
A. A troubled debt restructuring
B. Commercial debt restructuring
C. Mortgage debt restructuring
D. Residential debt restructuring
Which of the following is the objective to the evaluation and risk-accepting function?
A. Evaluating and acceptability of risk
B. Determining the premium
C. Evaluation of entity's capacity to retain risk
D. All of the above
What is based on statistical data and are large groups of similar risks can be classified by a few and easily identifiable characteristics and result in standard rates?
A. Numerical rating
B. Premium rating
C. Manual rating
D. Item rating
An increase in loss reserves may lead to offset by a reduction in premiums and a decrease in loss reserves may be a receivable for additional premiums.
A. True
B. False
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