SOFE
SOFA-CFE · Question #307
SOFA-CFE Question #307: Real Exam Question with Answer & Explanation
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Question
What is an agreement by which a transferor increases its surplus to policyholders by the transfer of loss obligations already incurred in excess of the consideration paid?
Options
- ARetroactive reinsurance
- BCorporate expense
- CCapital gains
- DForeign exchange commission
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