Final answer:
The frequency at which a CFO may examine an insurer is typically on a biennial basis, though this can vary based on jurisdiction and the specific circumstances of the insurer.
Step-by-step explanation:
The frequency at which the Chief Financial Officer (CFO) may examine an insurer can vary based on the jurisdiction and specific regulations that apply to the insurance company. However, typically, regulatory bodies may have the authority to conduct examinations of insurers on a biennial basis (Option B) to ensure that they are operating in a financially sound manner and are in compliance with legal and regulatory requirements. These examinations are intended to protect policyholders and maintain market stability. The frequency of examinations by the CFO or equivalent regulatory officials is determined by state insurance laws and regulations. It may be more or less frequent than biennial, depending on the size, complexity, and financial condition of the insurer.
Please note that while biennial examinations are common, the actual practice can vary, and in some cases, a different schedule such as annual, semiannual, or quarterly may be mandated or deemed appropriate. Always refer to specific regulations in your jurisdiction for precise information.