CII Insurance Business and Finance (IBF) - M92 Exam Questions
QUESTION NO: 1
What information is used to calculate the return on equity?
What information is used to calculate the return on equity?
Correct Answer: C
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QUESTION NO: 2
The plan to takeover NTU by ABC would need to be discussed and agreed by a majority of the ABC shareholders at
The plan to takeover NTU by ABC would need to be discussed and agreed by a majority of the ABC shareholders at
Correct Answer: A
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QUESTION NO: 3
How will a recent acquisition of the subsidiary be shown on the insurer's cash flow statement?
How will a recent acquisition of the subsidiary be shown on the insurer's cash flow statement?
Correct Answer: B
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QUESTION NO: 4
A company wishes to improve communication across the business. What is this LEAST likely reason for this?
A company wishes to improve communication across the business. What is this LEAST likely reason for this?
Correct Answer: D
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QUESTION NO: 5
Which document sets out a company's name and registered office?
Which document sets out a company's name and registered office?
Correct Answer: A
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QUESTION NO: 6
The financial strength of an insurance company as measured by a ratings agency is always what?
The financial strength of an insurance company as measured by a ratings agency is always what?
Correct Answer: B
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QUESTION NO: 7
Which UK companies must have Articles of Association?
Which UK companies must have Articles of Association?
Correct Answer: B
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QUESTION NO: 8
A balance sheet records a company's
A balance sheet records a company's
Correct Answer: D
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QUESTION NO: 9
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
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
Correct Answer: D
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