Purchase CII : M92 Exam Materials and then pass exam easily
Last Updated: Sep 08, 2026
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CII M92 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Risk Management and Regulation | - Risk identification and control - Regulatory framework in insurance |
| Insurance Principles and Practice | - Policy structure and contract fundamentals - Risk and insurance principles |
| Accounting and Financial Statements | - Interpreting financial statements - Basic accounting concepts |
| Insurance Operations | - Underwriting principles - Claims handling process |
| Financial Services and Markets | - Financial system overview - Insurance and capital markets interaction |
| Insurance and Business Environment | - Structure of the insurance market - Role of insurers, intermediaries, and regulators |
CII Insurance Business and Finance (IBF) Sample Questions:
Under which Act would it be a civil offence if Mark were to sell his shares following information obtained in May?
- A. Companies Act 2006
- B. The Bribery Act 2010
- C. Data Protection Act 2018
- D. Financial Services and Markets Act 2000
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It has been deemed essential that the Information Technology (IT) department have a broad role, working closely with the business. If the IT department are to fulfil its role within the company, it must
- A. make a proactive contribution to the development of business strategy.
- B. report directly to the internal audit function.
- C. operate entirely independently from day-to-day operations.
- D. outsource all non-core functions.
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What is the minimum period of notice which must be given by a company to its shareholders of the annual general meeting?
- A. 21 days.
- B. 60 days.
- C. 14 days.
- D. 30 days.
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The financial accounts differ to the management accounts that are produced internally within the insurer. This is because the financial accounts are?
- A. subject to statutory regulation and prescribed formats
- B. produced to a higher standard of accuracy
- C. record the financial impact of events whereas management accounts provides forecasts
- D. primarily used for making pricing decisions
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A company wishes to improve communication across the business. What is this LEAST likely reason for this?
- A. Regulatory compliance.
- B. To improve cross-functional collaboration.
- C. To support the implementation of a new strategy.
- D. To enhance employee engagement.
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