Download CII : M92 Questions & Answers as PDF & Test Software
Updated: Jun 02, 2026
No. of Questions: 84 Questions & Answers with Testing Engine
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CII Insurance Business and Finance (IBF) Sample Questions:
1. When an insurance company seeks to play a role in society via sponsorship and community projects, this is known as
A) a stakeholder perspective.
B) horizontal diversification.
C) codified management.
D) vertical integration.
2. 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) Regulatory; solvency; liquidity; profitability.
C) Financial; internal business processes; learning & growth; customer.
D) Planning; organising; leading; controlling.
3. To whom is financial accounting most useful?
A) The internal audit team.
B) Stakeholders.
C) Regulators only.
D) The underwriting department for technical pricing.
4. An insurer holds claims details on an ex-policyholder. When would the requirements of the Data Protection Act 1998 stop applying to this information?
A) Upon the death of the policyholder.
B) Immediately upon the sale of the policy to another insurer.
C) After five years of policy termination.
D) When the policyholder reaches retirement age.
5. When looking at the financial strength of an insurance company, a rating agency's methodology takes into account the company's capital adequacy which represents its
A) the number of policies in force.
B) its total gross premium income only.
C) the market share in its chosen lines.
D) quality and level of capital required to run the business.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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