What is IC-84?
IC-84 (Foundation of Casualty Actuarial Science Part - II) is a compulsory Fellowship-level examination offered by the Insurance Institute of India (III). Casualty actuarial science (Part II) — advanced reserving, risk models and capital for general insurers.
How many questions are in the IC-84 exam?
The IC-84 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-84?
You need to score at least 60% to pass IC-84. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-84 carry?
IC-84 carries 40 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.