Free SOFE SOFA-CFE Exam Actual Questions

The questions for SOFA-CFE were last updated On May 30, 2025

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Question No. 1

The development and payment patterns associated with reported claims can be used to estimate the other loss liability components commonly called:

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Correct Answer: C

Question No. 2

Dollar repurchase agreements are commonly referred to as dollar roll transactions.

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Correct Answer: A

Question No. 3

An agreement obligating the seller to effect cash settlement to the buyer if the specified underlying interest does not exceed a predetermined level of performance is referred to as:

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Correct Answer: B

Question No. 4

Property-casualty insurance companies have essentially which of the following expense categories:

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Correct Answer: A

Question No. 5

The date used to define the group of claims to be included in estimated loss liabilities is called:

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Correct Answer: D