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CII M92 Exam Syllabus Topics:

CII Insurance Business and Finance (IBF) Sample Questions:

1. 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) 14 days.
C) 30 days.
D) 60 days.

2. What information must be used to calculate the return on equity?

A) Profit after tax and capital
B) Total assets and total liabilities
C) Operating costs and investment income
D) Gross written premium and net income

3. The balanced scorecard approach to measuring organisation performance has four perspectives. What are the four perspectives recommended by this approach?

A) Shareholder; policyholder; employee; supplier.
B) Planning; organising; leading; controlling.
C) Regulatory; solvency; liquidity; profitability.
D) Financial; internal business processes; learning & growth; customer.

4. Under which Act would it be a civil offence if Mark were to sell his shares following information obtained in May?

A) The Bribery Act 2010
B) Companies Act 2006
C) Data Protection Act 2018
D) Financial Services and Markets Act 2000

5. A public limited company which has a year end of 31 December must file their accounts by the following:

A) 30 June.
B) 30 September.
C) 31 December.
D) 31 March.

Solutions: