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AFE Designation AFE Passing Score

Page: 5 / 10
Question 20

In what, securities involve in repos are not delivered on the settlement date of the agreement and the contract may be extended upon mutual agreement of the buyer-lender and seller-borrower.

Options:

A.

Financial servicing

B.

Price-cap

C.

Rollover

D.

Purchasing agreements

Question 21

What is applied to the sale of all or a block of an entity’s insurance in force of another entity?

Options:

A.

Insurance impede

B.

Portfolio Reinsurance

C.

Poly-holder insurance

D.

Syndicated insurance

Question 22

In determining whether an operation is self-sustaining or integrated, what you do not need to consider is:

Options:

A.

source of financing

B.

nature of outputs

C.

price drivers

D.

location of the market

Question 23

________ allow investments to be made, up to a certain percent of invested or total admitted assets, in assets that do not otherwise meet regulatory requirements. If their domiciliary jurisdiction regulations have a this, a life insurer with a business purpose for doing so can make a limited amount of mortgage loans that do not meet regulatory requirements without a reduction in surplus. However, some jurisdictions do exercise some extraterritorial jurisdiction related to it.

Options:

A.

Loan application

B.

Basket clause

C.

Underwriting agreement

D.

None of these

Page: 5 / 10
Exam Code: AFE
Exam Name: Accredited Financial Examiner
Last Update: Apr 29, 2024
Questions: 286
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