Certified Extreme Event Modeler (CEEM) Practice Test

These questions are part of the practice quiz. Start practicing

• Which statement is most true for earthquakes with a long period?
• Which valuation practice should be avoided?
• Why should you not focus on the probability of an event?
• Which option is NOT a location-level event intensity in hazard analysis options?
• Which of the following is considered an important data source for flood modeling?
• Which statement best describes analysis metadata tables?
• Which of the following is a table type commonly used to store descriptive attributes for analysis in a data warehouse?
• If gross participation is set to 20%, what is the effect on the reinsurer's share?
• Which statement about code compliance and vulnerability is true?
• If the final gross loss corresponds to 35% of the pre-deductible losses totaling 200 million, what are the gross losses for locations with 80 million, 100 million, and 20 million in losses?
• Which phase comes after Phase II: Superstructure?
• We have a 40% quota share with an occurrence limit of $20M, and the aggregate limit is $50M. If event A loss is $30M, event B loss is $60M, event C loss is $40M, and event D loss is $50M, what are the reinsurer losses for each event?
• In AIR Flood models, which data set is NOT a part of the rainfall runoff model?
• Damage ratio is defined as damage divided by replacement value.
• How does positive pressure compare to negative pressure (suction) from hurricane winds?
• Which statement correctly describes the difference between time independent and time dependent earthquakes?
• Which statement is true about Touchstone Re gross participation at 20%?
• In a $200M loss event with three inuring structures: first is $40M xs $20M, second is $60M xs $60M, third is $120M xs $120M, what are the losses for the structures under series and parallel methods?
• What describes the envelope effect in hurricane damage when winds breach through an opening?
• Which statement best describes the occurrence EP curve in relation to year losses?
• What is a key aspect of storm surge?
• Which operation is used to combine loss distributions with ground up losses at a location?
• In the standard program terms order, which term directly follows Occurrence Limit?
• What is the correct order for program terms?
• Which statement best describes the relation between analytical and numerical convolution in Touchstone?
• If a company sums insured is $90M, and the industry exposure is $9B, what is the market share?
• Are secondary characteristics important for CAT modeling?
• Which statement best describes flood hazard mapping features?
• In a risk modeling environment, which AIR product is used as the repository for lookup values?
• What is a tsunamigenic event?
• Which statement correctly compares the WSST catalog to the standard catalogue?
• In the quota share example, what is the aggregate limit?
• Which phase of construction is most vulnerable to natural catastrophes?
• Which relationship leads to a larger natural period?
• Which of the following is NOT a piece of exposure data you should check?
• In loss modeling, ground up losses are described as losses prior to applying which terms?
• When modeling storm surge leakage, which approach is advised?
• Which curve is used to relate depth to flow in hydraulic studies?
• Which option describes the effect of longer duration at lower wind speeds on hurricane damage?
• Which of these is NOT typically considered a flood parameter in fluvial hydrology?
• What does the term 'eye' refer to in hurricane structure?
• Why does context matter?
• Which three factors are important for modeling an earthquake?
• What is adaptive cluster sampling?
• What is Mean Damage ratio against intensity?
• In AIR Flood models, which data set is NOT part of the rainfall runoff model?
• A hydrograph represents the relationship between which of the following?
• Which of the following is NOT excluded in Verisk Modeled losses?
• What is the relationship between intensity and rmax?
• How are events created for the CAT Model?
• Which item is not a storm surge module?
• Which statement about microevents is accurate?
• In EP analysis, which statement best describes secondary uncertainty?
• What describes the inclusion of events beyond historical data in CAT modeling?
• Why are aggregate EP curves and AALs preferred over the occurrence perspective?
• Which of these is not one of the four primary characteristics of a building?
• Which of the following is a characteristic of Touchstone RE?
• Loss generation by location follows which sequence?
• Which of the following is a primary building characteristic set?
• Which statement about age and vulnerability is true?
• Why is correlation sometimes important when computing damage ratios?
• Which thunderstorm organization tends to be the most damaging?
• Which of the following is NOT an important use of claims data in CAT modeling?
• Which equation correctly converts industry loss to company loss using market share?
• Which combination of building features are identified as secondary vulnerability characteristics?
• Which of the following is NOT a common fault type?
• What happens if you use only the largest EP loss by peril/region to predict an EP for a portfolio?
• Which term comes first in the standard program terms order?
• What is a damage ratio?
• Which statement best describes data sources for flood modeling?
• Is it recommended to use the AAL for pricing?
• In flood modeling, which parameter describes resistance to flow within channels and floodplains?
• In Touchstone RE, which statement about portfolios is true?
• Why are tail risks important (select one best statement)?
• For a 50-year floodplain, what is the chance of at least one flood over the course of 12 years?
• Which condition leads to a larger natural period?
• Why is central pressure used over wind speed to describe hurricane intensity in many assessments?
• Which of the following is typically a characteristic of a result table?
• What is a good practice when coding location data?
• How would a reinsurer's modelled loss change if they only participated in 20% of the Quota Share reinsurance?
• What is disaggregation used for?
• Which of the following is a data element that should be checked as exposure data?
• What does a rating curve relate in hydraulic systems?
• Feeder bands are a feature of which phenomenon?
• Which of the following is NOT a useful practice when analyzing results?
• Which statement is true about Global Circulation Models (GCM) and Numerical Weather Prediction (NWP) in this context?
• What is the difference between pluvial and fluvial flooding?
• If a model predicts a mean damage ratio of 5%, which interpretation best describes the distribution of individual claim damage ratios?
• What is a low pressure system?
• Which of the following options lists the datasets used to model earthquakes?
• What is the reinsurer's loss for Event D in the quota share example?
• Which item serves as a central repository for lookups?
• Which dataset is NOT used to model earthquakes?
• Under the described three-structure arrangement, which statement is true about the series method's payments to the third structure?
• What is the primary purpose of a dimension table in a data model?
• How is height related to hurricane damage?
• Which relationship is NOT correctly matched with its curve?
• Tail risk implications for risk management: which statement is most appropriate?
• Which of the following is a common data-formatting issue that can cause an import to fail?
• If a mean damage ratio is 5%, what central tendency measure is being reported?
• Flood hazard maps are probabilistic in nature. Which option reflects this correctly?
• Which statement is NOT a climate signal associated with hurricane activity?
• In a damage function, what relationship is highlighted?
• Which statement correctly describes an aggregate EP curve?
• Peak flows are commonly clustered into events using which type of similarity?
• Which statement best describes why numerical convolution is used in Touchstone?
• In the context of uncertainty, which statement best describes primary and secondary uncertainty?
• Which three datasets are used to model earthquakes?
• What is a typical use case for Touchstone?
• Geospatial analysis is used for what purpose?
• Which of the following is NOT a valid export format from Touchstone?
• Which statement reflects one issue related to historical thunderstorm counts?
• Which of the following is a valid primary characteristic of a building in the model?
• What is the difference between aggregate and occurrence EP curves?
• What is the EP curve with secondary uncertainty vs the standard EP curve?
• Which term is last in the standard program terms order?
• Which statement is true about location-level hazard intensities in hazard analysis?
• What is the take up rate in the company loss formula described?
• If the Industry loss for an event is $200M, and the market share of a company is 3%, what is the company loss?
• Which natural catastrophe causes the most fatalities in a year?
• Which statement is a correct practice when reviewing limits and deductibles?
• How can data affect losses? (choose one true statement)
• Which of the following choices correctly describes an exposure data element that should be checked?
• Which option describes flood caused by river overflow?
• How does code enforcement affect vulnerability?
• Which statement about Touchstone is false?
• Which statement best describes flood hazard maps?
• Is it possible for lower wind speeds to be more damaging than higher wind speeds?
• Feeder bands are a feature of which meteorological phenomenon?
• Which event yields the largest reinsurer loss in the quota share example?
• Which option is NOT a primary building characteristic?
• Which of the following is NOT a geographic resolution you can save?
• What order correctly applies terms in an event?
• Which statement accurately describes how series structures operate?
• Which statement describes the relationship between age and vulnerability?
• Why is CAT modeling used over actuarial methods?
• In catalogues, which statement is true?
• How should you interpret a return period?
• Which statement about hazard analysis or model evaluation in Touchstone is true?
• In Touchstone, which statement about exposure sets is true?
• In geographic resolution, which statement is true about saving results?
• Which option is among the three important flood modeling factors?
• What is the most important issue with the Modified Mercalli Intensity scale (MMI)?
• Which table type stores exposure details?
• Why is construction quality important for modeling losses?
• How are market shares computed?
• Which dataset is commonly used with Active Faults and Historic Seismicity to model earthquakes?
• In CAT modeling, what describes how events are generated?
• Which file types can you export from Touchstone?
• Which term describes the calm center of a hurricane?
• Which event was the driving force behind CAT modeling?
• Context matters because which statement best describes what context provides?
• Which events tend to be the most expensive in terms of loss?
• Damage ratios in this modeling context are discrete or continuous?
• Occurrence Limit in the quota share example is what value?
• Which curve shows the relationship between flow and its return period?
• Which data quality metric is identified as part of exposure data checks?
• How does wind shear affect a thunderstorm's longevity?
• How is a company loss computed?
• Which statement correctly describes the data granularity difference between UNICEDE files and CLF files?
• Which statement differentiates the CAT-only catalogue from the All Events catalogue for severe thunderstorms?
• Which type of SQL table is typically used to store the results of analyses and computations?
• What does the geographic resolution level determine?
• How can mechanical resonance occur in a building during an earthquake?
• What is the primary function of the EDM data converter?
• What is the primary method used to combine distributions of loss across multiple coverages and locations in Touchstone?
• Which scenario best illustrates why correlation matters when estimating damages?
• Which choice describes a NOT typical feature of Flood Hazard Maps?
• Which of the following is not a subperil in an earthquake model?
• Which term is not listed in the standard program terms order?
• What ratio is used to scale each location loss to obtain the gross losses in the example?
• In storm surge dynamics, where is the largest surge typically observed relative to the radius of maximum winds (Rmax)?
• What is not a part of a hurricane's structure?
• What is the primary purpose of projects in Touchstone?
• Which statement about vulnerability methods is true?
• Which item is NOT present in the log?
• What method is employed in Touchstone to combine distributions of loss across coverages and locations?
• Which statement describes the regional variability of the Modified Mercalli Intensity scale?
• Which statement describes event losses when using geographic location?