nerdexam
SOFE

AFE · Question #19

The name of each Subsidiary, Controlled and Affiliated (SCA) entity and percentage of ownership of common stock must be put to disclosure when:

The correct answer is D. For all investments in SCA entities that exceed 10 percent of the total admitted assets of the insurer. See the full explanation below for the reasoning.

Question

The name of each Subsidiary, Controlled and Affiliated (SCA) entity and percentage of ownership of common stock must be put to disclosure when:

Options

  • AFor all investments in SCA entities that exceed 20 percent of the total admitted expenses of the insurer.
  • BFor all investments in SCA entities that exceed 15 percent of the total admitted liabilities of the insurer.
  • CFor half of the investments in SCA entities that exceed 6 percent of the total admitted assets of the insurer.
  • DFor all investments in SCA entities that exceed 10 percent of the total admitted assets of the insurer.

How the community answered

(25 responses)
  • A
    16% (4)
  • B
    4% (1)
  • C
    8% (2)
  • D
    72% (18)

Community Discussion

No community discussion yet for this question.

Full AFE Practice