Free CFE Exam Braindumps (page: 61)

Page 61 of 105

What if change, will change the meaning of the transaction data that the actuary uses to estimate liabilities?

  1. small claims
  2. subrogation
  3. Salvage sources
  4. precautionary notices

Answer(s): D



Changes in the will trigger changes in the size and importance of the supplemental reserve.

  1. settlement patterns
  2. agent pay program
  3. non-litigated claims
  4. collateral sources

Answer(s): A



What occurs when the policyholder has sustained the loss and usually settles quickly?

  1. first-party claim
  2. second-party claim
  3. reopened claim liability
  4. persistent coverage

Answer(s): A



In , the insurance company defends the policyholder for claims made by others.

  1. first-party claim
  2. second-party claim
  3. third-party claim
  4. fourth-party claim

Answer(s): C



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