What is IC-102?
IC-102 (Insurance Business Ecosystem) is an optional Optional-level examination offered by the Insurance Institute of India (III). The insurance business ecosystem — market structure, intermediaries, technology and the regulatory landscape.
How many questions are in the IC-102 exam?
The IC-102 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 IC-102?
You need to score at least 60% to pass IC-102. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-102 carry?
IC-102 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.