SOFA-CFE · Question #74
Which reports are also generated to indicate results from each rein surer by policy year or accident year?
The correct answer is C. Ceded reinsurance experience. Ceded Reinsurance Experience reports are specifically designed to summarize results attributed to each reinsurer, organized by policy year or accident year - making them the tool insurers use to evaluate how ceded business has performed across their reinsurance relationships…
Question
Which reports are also generated to indicate results from each rein surer by policy year or accident year?
Options
- AIndividual Risk Experience
- BReinsurance Recoverable
- CCeded reinsurance experience
- DPolicy Year
How the community answered
(41 responses)- A5% (2)
- B2% (1)
- C85% (35)
- D7% (3)
Explanation
Ceded Reinsurance Experience reports are specifically designed to summarize results attributed to each reinsurer, organized by policy year or accident year - making them the tool insurers use to evaluate how ceded business has performed across their reinsurance relationships over time.
- A (Individual Risk Experience) is wrong because these reports focus on individual insured risks/accounts, not on breakdowns by reinsurer.
- B (Reinsurance Recoverable) is wrong because that report tracks amounts owed from reinsurers (a balance sheet concept), not performance results segmented by year.
- D (Policy Year) is wrong because "Policy Year" is a basis of organization (how you slice time), not a report type itself.
Memory tip: Think "Ceded = handed off to reinsurers" - so Ceded Reinsurance Experience naturally tracks how each reinsurer's piece of business performed, year by year. If you ceded it, you need to know how it did by partner and year.
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