Principles and Practice of Insurance
Paper 1

Principles and Practice of Insurance

A two-hour exam consisting of 75 multiple choice questions.  To pass, you must attain a minimum score of 70%.

Talking Test BankTM consists of over 270 practice questions across all 7 Topics, consistent with materials in the Study Notes (8th Edition) issued by the Insurance Authority in 2024.  Each question gives feedback, a relevant extract from the Study Notes and some have an audio explanation of the answers - yes, you can listen to the lecturer online.

Practice all 7 topics to learn the material then attempt practice exams in units of 25, 50 and 75 questions to get exam ready.

Short Sharp ShockTM gives full access to the Talking Test Bank for 5, 10 or 15 days.

Try the free sample questions below.

Syllabus covers seven topics:

  1. Risk and Insurance
  2. Legal Principles
  3. Principles of Insurance
  4. Core Functions of an Insurance Company
  5. Structure of Hong Kong Insurance Industry
  6. Regulatory Framework of Insurance Industry
  7. Ethical and Related Issues

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