M92 exam dumps

CII M92 Value Package

(Include: PDF + Desktop Test Engine + Online Test Engine)

  • Exam Code: M92
  • Exam Name: Insurance Business and Finance (IBF)
  • No. of Questions: 84 Questions and Answers
  • Updated: Oct 27, 2026

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CII M92 Exam Overview:

Certification Vendor:Chartered Insurance Institute (CII)
Exam Name:CII M92 Insurance Business and Finance
Exam Number:M92
Certificate Validity Period:No expiry (CII qualification does not expire)
Exam Format:Multiple choice questions (MCQ), Computer-based exam
Passing Score:70%
Real Exam Qty:100
Related Certifications:Certificate in Insurance (Cert CII)
Exam Duration:120 minutes
Available Languages:English
Recommended Training:CII Official Learning Resources
Exam Registration:CII Official Exam Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam delivered via test centre or online proctoring

CII M92 Exam Syllabus Topics:

SectionObjectives
Insurance Operations- Underwriting principles
- Claims handling process
Financial Services and Markets- Financial system overview
- Insurance and capital markets interaction
Insurance and Business Environment- Role of insurers, intermediaries, and regulators
- Structure of the insurance market
Risk Management and Regulation- Regulatory framework in insurance
- Risk identification and control
Insurance Principles and Practice- Policy structure and contract fundamentals
- Risk and insurance principles
Accounting and Financial Statements- Basic accounting concepts
- Interpreting financial statements

M92 Exam FAQ: Review, Demo, and Policy

The CII Insurance Business and Finance (IBF) exam welcomes candidates from different ages and fields; CII sets any formal requirements. Verify the current rules on the official CII exam page before registering.

The M92 exam is a CII certification exam validating the CII Insurance Business and Finance (IBF) syllabus shown above. It belongs to these credential paths: Certificate in Insurance (Cert CII). Candidates in 2026 prepare for it with PrepAwayETE's 84 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.

CII recommends these training resources for the CII Insurance Business and Finance (IBF) exam:

Follow the training with steady self-testing — the 84 practice questions from PrepAwayETE help you apply theory and fill any gaps the training leaves.

Scoring and fees are published by CII and may change; verify the current figures on the official site.

The CII Insurance Business and Finance (IBF) exam contains 100 to complete within 120 minutes. Timed simulation in the PrepAwayETE Desktop Test Engine teaches that rhythm before exam day does.

PrepAwayETE issues a full refund if you take the CII Insurance Business and Finance (IBF) exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.

Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 84 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

The official CII Insurance Business and Finance (IBF) outline defines 6 domains. The leading three are Insurance Principles and Practice, Risk Management and Regulation, and Accounting and Financial Statements. The full list is in the topics section above, and PrepAwayETE's 84 practice questions cover each one.

Computer-based exam delivered via test centre or online proctoring Register for the CII Insurance Business and Finance (IBF) exam through these official channels:

After booking, PrepAwayETE delivers your practice questions within 1 minute — preparation starts the same day.

CII Insurance Business and Finance (IBF) Sample Questions:

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

  • A. Planning; organising; leading; controlling.
  • B. Shareholder; policyholder; employee; supplier.
  • C. Financial; internal business processes; learning & growth; customer.
  • D. Regulatory; solvency; liquidity; profitability.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Joe should advise the Board that the underwriting administration services information currently in use is most commonly known as a?

  • A. Codified Management System
  • B. Accounting Information System
  • C. Management Information System
  • D. Transaction Processing System
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

What is shown respectively on a company's income statement and balance sheet?

  • A. The income statement shows the results of transactions during the accounting period and the balance sheet shows the financial position at a particular point in time.
  • B. The income statement records assets and liabilities, the balance sheet records revenue and expenses.
  • C. Both statements show the company's cash flows and net income.
  • D. The income statement shows the financial position at a point in time and the balance sheet shows transaction results over the accounting period.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

How is an insurer's solvency coverage ratio calculated?

  • A. Profit after tax divided by earned premium.
  • B. Operating profit divided by total liabilities.
  • C. Net written premium divided by total assets.
  • D. Surplus regulatory capital divided by regulatory capital required.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

Which body exists to ensure that the London Market as a whole maintains and improves its position as a major worldwide insurance market?

  • A. The Franchise Board.
  • B. London Market Group.
  • C. The International Underwriting Association (IUA).
  • D. The Prudential Regulation Authority.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

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