IIQE Paper 2 Passing Score & Exam Format (2026 Complete Guide)

Confused about the IIQE Paper 2 exam format? You're not alone.

Many candidates walk into the exam without fully understanding how it's scored, how time-pressured it really is, or how heavily the questions are weighted toward just two chapters.

This guide breaks down everything you need to know about the IIQE Paper 2 (General Insurance) exam format and passing requirements for 2026.

What is the IIQE Paper 2 Passing Score?

The IIQE Paper 2 passing score is 70%.

With 50 multiple-choice questions in the exam, this means you need to answer at least 35 questions correctly to pass.

Important: There is no negative marking for wrong answers. If you're unsure about a question, always make a guess — you have a 25% chance of getting it right.

IIQE Paper 2 Exam Format (2026)

The IIQE Paper 2 exam tests your knowledge of general insurance products, underwriting, claims, and customer service in Hong Kong. Here's the complete format breakdown:

Curious what the questions actually look like? Check out our IIQE Paper 2 sample questions with answers.

Time Management Strategy

With 75 minutes for 50 questions, you have approximately 1 minute 30 seconds per question. This is tighter than Paper 1, so time management is critical.

Here's a recommended time strategy:

• First pass (55 minutes): Answer all questions you're confident about. Flag difficult ones.
• Second pass (15 minutes): Return to flagged questions. Eliminate wrong options and make educated guesses.
• Final review (5 minutes): Double-check answers, ensure no blanks.

Question Breakdown by Chapter

Not all chapters are weighted equally. Understanding the distribution is the single most important factor in your preparation strategy.

Key Insight: Chapter 1 + Chapter 2 = 80% of the Exam

These two chapters make up 40 out of 50 questions. If you master them, you only need 35 correct to pass — meaning you could potentially pass by acing just these two chapters alone.

Want to know exactly what to study within each chapter? Read our Complete IIQE Paper 2 Study Guide for a detailed breakdown.

ExamPrep.hk's Instant Feedback feature gives you detailed explanations for every question — helping you understand the 'why' behind each answer.

CSME: The Computer Mode Exam

IIQE Paper 2 is offered via CSME (Computer Screen Mode Examination).

For a step-by-step registration walkthrough, check our IIQE Paper 2 Registration Guide.

ExamPrep.hk's Practice by Chapter mode helps you focus on specific chapters and master the concepts.

Exam Day: What to Bring (and What NOT to Bring)

What to Bring ✓

• HKID card (or passport for non-residents)
• Confirmation email/receipt from PEAK
• Arrive at least 30 minutes early

What NOT to Bring ✗

• Mobile phones (must be switched off and stored)
• Smartwatches or electronic devices
• Notes, textbooks, or study materials
• Calculators (not needed for this paper)

During the Exam

• Read each question carefully — watch for "EXCEPT", "NOT", and "WHICH of the following"
• Don't spend more than 2 minutes on any single question
• Flag difficult questions and return to them
• Never leave questions blank — there's no penalty for guessing
• For Chapter 1 questions, pay attention to which product type is being asked about

After the Exam (CSME)

• Your score is displayed immediately on screen
• Print your results slip before leaving
• If you pass, you can proceed with your license application
• If you fail, you can re-register and retake the exam (no waiting period)

ExamPrep.hk's Performance by Chapter shows your score breakdown — use it to identify weak spots before exam day.

How to Calculate Your Score

Here's a simple formula to track your readiness:

Example: If you answer 40 questions correctly:

• 40 ÷ 50 = 0.80 = 80% (Pass!)

Target Score: Aim for at least 75-80% in practice exams to give yourself a comfortable buffer on exam day. The real exam environment adds pressure that can cost you a few marks.

Summary: Key Numbers to Remember

Ready to start preparing? Check out our Complete IIQE Paper 2 Study Guide for a proven 2-week study plan.

Wondering how Paper 2 compares in difficulty? Read our IIQE Paper 2 difficulty analysis.

For a comparison of the best study tools available, see our best IIQE Paper 2 mock exams & study guides.