A CII credential still carries real weight with hiring managers, and the CII Insurance Business and Finance (IBF) exam is your way in. Dumpkiller gives you 84 practice questions so you can walk into the M92 testing center with confidence.
CII M92 Exam Overview:
| Certification Vendor: | Chartered Insurance Institute (CII) |
|---|---|
| Exam Name: | CII M92 Insurance Business and Finance |
| Exam Number: | M92 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Certificate Validity Period: | No expiry (CII qualification does not expire) |
| Related Certifications: | Certificate in Insurance (Cert CII) |
| Passing Score: | 70% |
| Exam Format: | Computer-based exam, Multiple choice questions (MCQ) |
| Real Exam Qty: | 100 |
| 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:
| Section | Objectives |
|---|---|
| Insurance and Business Environment | - Role of insurers, intermediaries, and regulators - Structure of the insurance market |
| Insurance Principles and Practice | - Policy structure and contract fundamentals - Risk and insurance principles |
| Financial Services and Markets | - Insurance and capital markets interaction - Financial system overview |
| Accounting and Financial Statements | - Basic accounting concepts - Interpreting financial statements |
| Insurance Operations | - Underwriting principles - Claims handling process |
| Risk Management and Regulation | - Regulatory framework in insurance - Risk identification and control |
What Candidates Ask About the CII M92 Exam
Can you give me an overview of the M92 exam?
The CII Insurance Business and Finance (IBF) exam (code: M92) is the official CII exam that leads to the Insurance Business and Finance (IBF) certification. It sits at the Certificate level of the CII certification track. It is also connected with related credentials such as Certificate in Insurance (Cert CII). Passing it proves to employers that your skills have been validated by CII itself, which is why the M92 credential keeps showing up in job postings.
How many questions are in the M92 exam, and how long does it take?
The CII Insurance Business and Finance (IBF) exam gives you 120 minutes to work through 100. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.
How do I register for the M92 exam?
You can book your CII Insurance Business and Finance (IBF) exam through the official channels below:
Depending on availability in your region, the exam is delivered as Computer-based exam delivered via test centre or online proctoring.
What official training does CII recommend for the M92 exam?
CII lists the following training options for CII Insurance Business and Finance (IBF) candidates:
Official courses build a solid foundation, and pairing them with the 84 practice questions from Dumpkiller shows you how ready you really are before you spend money on the exam itself.
Can I try the M92 practice questions before buying?
Yes. Dumpkiller offers a free M92 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your CII Insurance Business and Finance (IBF) material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.
What happens if I do not pass the M92 exam, and how is my order delivered?
If you take the corresponding M92 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.
What topics are covered in the M92 exam?
The official CII Insurance Business and Finance (IBF) syllabus is organized into 6 main domains. The first three are Insurance Operations, Risk Management and Regulation, and Financial Services and Markets. For the full domain-by-domain breakdown, see the complete Exam Topics outline above.
CII Insurance Business and Finance (IBF) Sample Questions:
Question #1
Guidance given to a specific insurer by the PRA relating to the amount and quality of financial resources which it should hold in terms of capital requirements is termed
A. The Combined Operating Ratio.
B. A Key Risk Indicator.
C. Individual Capital Guidance.
D. The Solvency Coverage Ratio.
Question #2
Mark is the managing director and Steve is the finance director of a firm of insurance brokers. They should be aware that:
A. only the managing director is responsible for filing accounts.
B. they are both responsible for the submission of their accounts to Companies House.
C. only the finance director holds statutory liability for the accounts.
D. the company secretary has sole responsibility.
Question #3
Where, if at all, in the annual report accounts, must a statement appear from the London based chairman of the retail group?
A. In the auditor's statement
B. In the directors' report
C. It is not required
D. In the notes to the accounts
Question #4
The internal rate of return is most commonly used to measure the...?
A. solvency coverage ratio.
B. viability of undertaking future projects.
C. current return on equity.
D. claims settlement time.
Question #5
A lower liquidity calculation indicates that since last year the insurer's liquidity has...?
A. improved.
B. remained stable.
C. no longer needs to be reported.
D. deteriorated.
Solutions:
| Question #1 Answer: C | Question #2 Answer: B | Question #3 Answer: C | Question #4 Answer: B | Question #5 Answer: D |


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