Free CFE Exam Braindumps (page: 60)

Page 60 of 105

can increase by dividing the data into homogeneous blocks or by increasing the amount of relevant data in each block.

  1. Credibility
  2. Operability
  3. Endorsements
  4. Managerial general agents

Answer(s): A



An insurance company's net loss and loss adjustment expense liabilities are affected by the reinsurance it has purchased from other companies.

  1. True
  2. False

Answer(s): A



The greater the size of the Incurred but not reported (IBNR) liabilities, the longer the:

  1. catastrophe procedure
  2. track claims
  3. emergence pattern
  4. settlement pattern

Answer(s): C



The catastrophe-in-transit (CIT) reserve should be included to cover the liability for the claims that remain unpaid and unrecorded.

  1. True
  2. False

Answer(s): A



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