CII M92 valid exam dumps : Insurance Business and Finance (IBF)

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CII M92 Exam Syllabus Topics:

CII Insurance Business and Finance (IBF) Sample Questions:

1. Where, if at all, must a statement from the chairman of the London office appear, in the annual report and accounts?

A) It is not required.
B) In the notes to the financial statements.
C) In the directors' report.
D) In the auditor's report.

2. At what level of information will the insurer's overall budget be categorised?

A) Tactical
B) Operational
C) Strategic
D) Transactional

3. Which organisation's goal is to improve the long term profitability of all capital providers and monitor and guide managing agents?

A) The Franchise Board.
B) Lloyd's Market Association.
C) The Financial Conduct Authority.
D) The Prudential Regulation Authority.

4. An insurer intends to assess its position via a use test. This forms part of the rules relating to...?

A) financial accounting.
B) double-entry bookkeeping.
C) data protection.
D) capital adequacy.

5. An insurer intends to assess its position via a use test, to comply with proposed changes in regulations. This forms part of the rules relating to

A) anti-money laundering.
B) financial accounting standards.
C) claims reserving.
D) capital adequacy.

Solutions: