FellowshipIC-84 · Edition 2007Actuarial: pick at least one

Foundations of Casualty Actuarial Science (Part II)

Insurance Institute of India: Fellowship Examination

One of eight actuarial papers for Fellowship. Part II of the Casualty Actuarial Society text Foundations of Casualty Actuarial Science. Covers reinsurance (functions, forms, pricing, treaties, finite covers and loss reserving), credibility theory (classical full and partial credibility and least-squares/Buhlmann and Bayesian credibility), investment issues in property-liability insurance (investment income, tax strategies and rate-of-return measures) and special issues (valuing, operating and regulating an insurance company, including risk-based capital and solvency).

✓4 chapters✓Chapter-wise practice tests✓1 full mock test (100 multiple choice questions · 2 hrs)✓Personalised study recommendations✓Subject tutor (available after purchase)
Individual module
₹1,399/ 1 year access

Instant access · Secure payment by Razorpay
Refund within 3 days of purchase, only if you have answered fewer than 20 questions. Otherwise, purchases are not refundable. Refund policy

Try 10 free questions first, so you know it suits you.
Add more papers for a bigger discount: 2 papers 10% off, up to 40% off for 6 or more →
✓ Instant access after payment
✓ Secure payment via Razorpay

IC-84 exam at a glance

LevelFellowship, compulsory for non-life candidates
Credit points40
Exam2 hours, online, multiple choice
Pass mark60% (75% for distinction)
400verified practice questions

Across 4 chapters, every question reviewed and exam-aligned.

  1. 1Reinsurance
  2. 2Credibility
  3. 3Investment Issues in Property-Liability Insurance
  4. 4Special Issues
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt

Draws from all 400 questions across every chapter, so no two attempts are the same.

Try before you buy

Experience 3 free questions, no registration needed.

Start Free Demo →

IC-84: frequently asked questions

What does IC-84 cover?

IC-84 covers general insurance actuarial topics: reinsurance pricing, credibility theory, investment issues in property and liability insurance, insurer valuation, financial planning and solvency regulation.

Is IC-84 compulsory?

Yes, for the non-life stream. IC-84 is a compulsory Fellowship paper worth 40 credit points. It is also paper A-2 of the Specialised Diploma in Casualty Actuarial Science.

What is the pass mark for IC-84?

60%. A score of 75% or more is a pass with distinction.

How long is the IC-84 exam?

2 hours. It is an online exam with multiple choice questions.

When will I know my result?

You see your score right after the online exam. The formal result usually follows within about a month.

Related papers

Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.