What is AS-05 (v)?
AS-05 (v) (Actuarial Aspects of Risk Management) is a compulsory Fellowship-level examination offered by the Insurance Institute of India (III). Actuarial aspects of risk management — enterprise risk, capital modelling and solvency for insurers.
How many questions are in the AS-05 (v) exam?
The AS-05 (v) exam has 100 MCQs to be answered in 120 minutes (2 hours). All questions must be attempted — there is no negative marking.
What is the pass mark for AS-05 (v)?
You need to score at least 60% to pass AS-05 (v). Scoring 75% or above earns a Distinction grade.
How many credit points does AS-05 (v) carry?
AS-05 (v) carries 40 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.