SOFE Accredited Financial Examiner AFE Question # 2 Topic 1 Discussion

SOFE Accredited Financial Examiner AFE Question # 2 Topic 1 Discussion

AFE Exam Topic 1 Question 2 Discussion:
Question #: 2
Topic #: 1

What represents the amounts needed to provide for the estimated ultimate cost of settling claims relating to insured events that have occurred on or before a particular date?


A.

Independent claim adjustment


B.

Payment of claims


C.

Insured claim adjustments


D.

Claim adjustment expenses


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