III IC-46

Two equally weighted halves: preparation of general insurance accounts, and regulation of investment. Expect accounting mechanics for insurers alongside the rules governing how insurance funds are invested. Build competence in both, because a strong score in one half cannot fully offset a weak one in the other.

Candidates in general insurance finance, accounts, audit, or investment roles, and anyone progressing through the Institute's professional examination subjects who needs the finance-and-investment specialisation. It suits people who already handle insurer financial statements or compliance work and want formal, structured coverage.

Yes. The Institute's study material list shows both IC-46 General Insurance Accounts Preparation and Regulation of Investment (English) and the Hindi version. Check the language options available when you apply for your session, since language availability is confirmed at registration rather than assumed.

It depends on your session. The Institute has announced new and revised study course materials from September 2026 for online examinations, and separately introduced revised materials from the June 2026 online examination. Confirm the applicable revision on the official examination page before purchasing books or starting study.

Start with accounts preparation, because the investment half assumes you can read an insurer's balance sheet, revenue account, and profit and loss account. Once statement structure is comfortable, move to investment regulation. Finish with timed practice on mixed questions so you can switch between the two halves under exam pressure.

Two patterns recur: treating investment regulation as rote memorisation without linking it to the accounts, and practising only one half. Because the two domains carry equal weight, uneven preparation shows up quickly. Practise writing out accounts from scratch and explaining investment limits in your own words.

Professional examination fees were revised with effect from 1st April 2026; the revised amounts are not stated on the retrieved pages, so check the current fee schedule before paying. Separately, 5% GST charges are applicable on e-books from 20.03.2026, which affects the cost of digital study material.

The slot booking window for the December 2026 online examination is available from 05-11-2026 to 11-11-2026. Book within that window rather than waiting, and note that the exemption application link for the December 2026 session becomes available from 1st December 2026 if you intend to apply for an exemption.

No. This is independent study material written for candidates searching this exam. It is not affiliated with, endorsed by, or published by the Insurance Institute of India. Always confirm examination dates, fees, syllabus revisions, and regulations on the Institute's official pages before relying on them.