SOFE
SOFA-CFE · Question #31
SOFA-CFE Question #31: Real Exam Question with Answer & Explanation
The correct answer is B. direct written premiums plus assumed reinsurance premiums, minus ceded reinsurance premiums. See the full explanation below for the reasoning.
Question
Net written premiums are:
Options
- Adirect written premiums plus mortgage reinsurance premiums, minus ceded reinsurance
- Bdirect written premiums plus assumed reinsurance premiums, minus ceded reinsurance premiums
- Cwritten premiums plus insurance premiums, minus ceded reinsurance premiums
- Dassumed reinsurance premiums plus credit life insurance premiums, minus depreciated
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