Free CFE Exam Braindumps (page: 53)

Page 53 of 105

The purpose of the examination system for Insurance companies is:

  1. to detect as early as possible those insurers in financial trouble
  2. to develop the information needed for appropriate regulatory action
  3. Both A and B
  4. Neither A nor B

Answer(s): C



Financial examinations are conducted at least once every five years by:

  1. insurance regulatory information department
  2. domiciliary state insurance department
  3. Evolution of insurance department
  4. Financial insurance strength department

Answer(s): B



State regulations are established to ensure that claims are settled in a good faith manner

  1. insurance regulatory information department
  2. domiciliary state insurance department
  3. Evolution of insurance department
  4. Financial insurance strength department

Answer(s): B



The of the state regulators is to ensure that the competition among insurance companies is maintained on a consistent and fair basis.

  1. addressing procedures
  2. market conduction
  3. auditing standard
  4. overriding concern

Answer(s): D



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sena commented on May 31, 2019
I will see if this helps
TURKEY
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