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SOFA-CFE · Question #331
SOFA-CFE Question #331: Real Exam Question with Answer & Explanation
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Question
Because premiums for a reinsurer typically are not fully earned when received, provision is made for recording premiums in which of the following stages of development?
Options
- Areinsurance premiums, earned premiums, and unearned premiums
- Bwritten premiums, assuming premiums, and unearned premiums
- Crecorded premiums, revenue-generated premiums, and ceded premiums
- Dwritten premiums, earned premiums, and unearned premiums
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