Free CAS Exam 6-U.S. (Regulation and Financial Reporting) Practice Questions
Every released CAS Exam 6-U.S. sitting is free to work through: 345 graded walkthrough questions from the Fall 2013 through Fall 2019 exams with the published examiner's report sample answers and grader commentary, plus 24 lessons and original concept-check questions on insurance regulation, the NAIC Annual Statement, RBC and IRIS, the Statement of Actuarial Opinion, insurer taxation, and reinsurance accounting. From FreeFellow, where 'free' is in the brand name. Public samples need no signup. The full original question bank is free with an account, subject to usage limits.
705 questions8 topics2026 syllabus
Built by Jeffrey Ting, FSA, CFA, who passed thirteen of the hardest finance exams on the first attempt. The full question bank and worked solutions are free forever.
Instant readiness score in about 6 minutes. No signup to start.
Sample Questions
Question 1
Easy
The provision for reinsurance calculated in Schedule F of the P&C Annual Statement is best described as:
🎉
Correct Answer: C
Solution
C is correct. The provision for reinsurance is a statutory liability that reduces surplus. It captures the collectibility risk of ceded balances by charging for recoverables from unauthorized reinsurers (unless collateralized) and for authorized-reinsurer balances that are overdue, functioning as a penalty for weak security and slow payment.
Question 2
Medium
Applying the criteria courts use to define the 'business of insurance,' which activity is most likely entitled to the McCarran-Ferguson antitrust exemption?
🎉
Correct Answer: A
Solution
A is correct. Courts ask whether a practice transfers or spreads policyholder risk, is an integral part of the policy relationship between insurer and insured, and is confined to entities within the insurance industry. Setting premium rates goes to the core risk-transfer function and satisfies these criteria, so it falls within the business of insurance eligible for the exemption. Ancillary provider arrangements and ordinary commercial purchases do not spread policyholder risk, and boycotts are expressly outside the exemption.
Question 3
Hard
An insurer's pre-covariance RBC charges (in millions) are R0=5, R1=30, R2=40, R3=20, R4=60, and R5=50. Using the property-casualty covariance formula, compute the Authorized Control Level RBC.
🎉
Correct Answer: B
Solution
B is correct. The property-casualty covariance formula keeps R0 outside the square root and combines the remaining charges: RBC=R0+R12+R22+R32+R42+R52. The sum of squares is 900+1600+400+3600+2500=9000, and 9000=94.87. Adding R0 gives 5+94.87=99.87 million, which is the Company Action Level RBC. The Authorized Control Level RBC is half of that: 0.5×99.87=49.9 million.
What Exam 6U candidates are saying
“I think you have created an amazing tool at such an affordable price. I really want your program to succeed. I am incredibly impressed.”
Carissa V.
“Thanks for building the tool. It's been very helpful for knowing what my knowledge gaps were and for practicing problems.”
Ben K.
Free practice questions, worked solutions, and written lessons.
The full original question bank, written solutions, lessons, formula sheet, mixed practice, and readiness tracking for your Exam 6U prep are free forever. Full access requires a free account and is subject to usage limits. No trial period, no credit card. Every written-answer problem has a copy-to-AI prompt builder for your own ChatGPT or Claude. Become a Fellow ($79/qtr) only if you want mock exams, flashcards, analytics, AI written-answer grading, and a personalized study plan.
What's Free, and What Fellow Unlocks
The original question bank, worked solutions, written lessons, mixed practice, and readiness score stay free forever. Full access requires a free account and is subject to usage limits. Fellow adds mock exams, flashcards, analytics, and a personalized study plan.
✓
Free forever
$0 · no credit card
705 practice questions with detailed solutions
Copy-to-AI written-answer prompts for your own ChatGPT or Claude
Mixed practice sessions across all topics
Formula sheet and reference materials
Readiness tracking based on practice history
No paywalls on original questions · no trial period · no credit card
✦
Fellow unlock
$39 / mo · $79 / qtr per track · $199 / yr as Fellow Plus
Timed mock exams with weighted scoring
Spaced-repetition flashcards backed by memory science
Topic-level practice to drill weak areas
Performance analytics by topic and difficulty
AI grading for written-answer problems using the practice item's rubric and reference solution
Personalized study plan that adapts to your exam date
Dates mark the start of each testing window. Projected dates follow the Casualty Actuarial Society's historical exam cadence for sittings the body has not yet published. Confirm dates directly with the Casualty Actuarial Society before registering.
Exam date
Status
Apr 26, 2027
Projected
Oct 18, 2027
Projected
Frequently Asked Questions
How many free Exam 6U practice questions does FreeFellow have?
FreeFellow currently offers 705 free Exam 6U practice questions across 8 topics, each with a detailed step-by-step solution. Questions span three difficulty levels and are aligned to the 2026 syllabus. The question bank is updated regularly.
What Exam 6U topics are covered?
The questions cover 8 topics: Regulation Foundations & the NAIC, Solvency, Specialty Markets & Emerging Regulation, Tort Environment & Government Programs, Primary Statements & Statutory Accounting, Annual Statement Schedules & the IEE, and 3 more. Each topic page shows your progress and lets you filter by difficulty level. You can practice by topic to target your weak areas or take mixed-topic practice exams.
Is FreeFellow really free for Exam 6U prep, or is there a catch?
The full original question bank is free with an account, subject to usage limits. Worked solutions, written lessons, mixed practice, and your readiness score stay free. The original question bank, worked solutions, written lessons, mixed practice, and readiness score stay free forever. Timed mock exams, spaced-repetition flashcards, AI grading on supported exams (5 attempts a day), performance analytics, and a personalized study plan. Practice and grading usage limits apply.
What does the $79 Fellow tier unlock for Exam 6U?
Fellow is $39 per month or $79 per quarter, per exam family (USD). Fellow Plus is $49 per month, $99 per quarter, or $199 per year, per exam family (USD). Every annual plan is Fellow Plus. Fellow adds timed mock exams with weighted scoring that match the real exam blueprint, spaced-repetition flashcards built on memory science from cognitive psychology, topic-level practice to drill weak areas, performance analytics broken down by topic and difficulty, and a personalized study plan that adapts to your exam date. Everything else (questions, solutions, lessons) stays free.
How does FreeFellow compare to Coaching Actuaries, ASM, or TIA on price?
The full original question bank is free with an account, subject to usage limits. Worked solutions, written lessons, mixed practice, and your readiness score stay free. The original question bank, worked solutions, and written lessons stay free forever. Fellow is $39 per month or $79 per quarter, per exam family (USD). See https://freefellow.org/pricing for package prices and coverage.
How should I use FreeFellow to study for Exam 6U?
Start with topic-based practice to identify weak areas. As your exam date approaches, switch to timed practice exams under realistic conditions. If you want pacing tools (mock exams, analytics, a study plan) and long-term retention aids (spaced-repetition flashcards), become a Fellow.
What calculator is allowed on Exam 6U?
The CAS permits battery or solar-powered models of these Texas Instruments calculators: BA-35, BA II Plus, BA II Plus Professional, TI-30Xa, TI-30X II (IIS solar or IIB battery), and TI-30XS MultiView (or XB battery). No other models are allowed, and candidates may bring a backup of a permitted model.
What is the Exam 6U exam format?
Exam 6-U.S. is a 4-hour computer-based written-answer exam on regulation and financial reporting, administered at Pearson VUE testing centers. There are no multiple-choice questions: candidates type full constructed responses and earn partial credit for shown work. One optional 15-minute floating break does not count against the four hours.
About FreeFellow
Jeffrey Ting
FSA, CFA · Founder
FreeFellow was built by Jeffrey Ting, a credentialed actuary and CFA charterholder who has passed thirteen of the hardest exams in finance, all on his first attempt. He paid four-figure prep fees along the way.
So he started writing his own questions, then lessons, then mock exams, until it grew into a full prep platform covering 40 exams with more than 46,000 original practice questions.
01
Cost shouldn't decide who gets in.
A CFA charter, a CPA license, an actuarial credential. Each opens a real career, but prep fees add to the cost of getting there. FreeFellow keeps its original question bank and written lessons free so you can study even if a paid course is out of reach.
02
Free should mean free.
The original question bank, the worked solutions, the topic lessons, mixed practice, and your readiness score stay free, forever. Full access needs a free account, and practice usage limits apply. Fellow adds AI grading on supported exams, spaced-repetition flashcards, full-length mock exams, analytics, and a study plan that adapts to your progress.
All 705 Exam 6U questions, worked solutions, and lessons are free. The full original question bank is free with an account, subject to usage limits. Worked solutions, written lessons, mixed practice, and your readiness score stay free.
