Free Financial CFE Exam Braindumps (page: 20)

What provides the insurance company with the ability to electronically send the bank daily listings of issued checks?

  1. wire transfers
  2. pay pal
  3. Positive pay
  4. structuring transfers

Answer(s): C



Which reports are also generated to indicate results from each rein surer by policy year or accident year?

  1. Individual Risk Experience
  2. Reinsurance Recoverable
  3. Ceded reinsurance experience
  4. Policy Year

Answer(s): C



There are two periods of time over which claims are analyzed:

  1. mortgage year and policy year
  2. accident year and policy year
  3. accident year and ceded year
  4. adjusting year and sales year

Answer(s): B



Property-casualty insurance companies derive investment income from which of the following primary source?

  1. investment of shareholder capital
  2. investment of policyholder funds
  3. Both A and B
  4. neither A nor B

Answer(s): C



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