Free CFE Exam Braindumps (page: 56)

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Market risk and reinvestment risk underscore the need for:

  1. asset-liability matching
  2. revenue-risk matching
  3. Prepayment risk
  4. credit reinsurance

Answer(s): A



Estimating the premiums needed to fund future promises is called:

  1. Prospective funding
  2. imminent procedure
  3. ratemaking
  4. potential funding

Answer(s): C



The task of estimating the liabilities for promises already made and not yet satisfied is called:

  1. reserving
  2. prospecting
  3. ratemaking
  4. contentment

Answer(s): A



What protects the confidentiality of the material in both the report and the summary, and provides legal protection to the appointed actuary except in cases of fraud or willful misconduct by the actuary?

  1. Actuarial law
  2. Actuarial opinion summary
  3. model law
  4. assessment procedure

Answer(s): C



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