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. No trial, no signup to browse, no credit card.
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.
The provision for reinsurance calculated in Schedule F of the P&C Annual Statement is best described as:
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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?
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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.
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Correct Answer: A
Solution
A 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.
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Others charge $1,000+. FreeFellow gives you the 70% you need to pass for free.
The full question bank, written solutions, lessons, formula sheet, mixed practice, and readiness tracking for your Exam 6U prep are free forever. 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 70% of Exam 6U prep you actually need to pass (questions, solutions, lessons, mixed practice, copy-to-AI written-answer prompts) is free forever. The remaining 30% (mocks, flashcards, analytics, study plan, AI written-answer grading) unlocks when you become a Fellow. Use the free tier as long as you like.
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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 with pass-probability estimates
No paywalls on questions · no trial period · no credit card
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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 vs the official rubric
Personalized study plan that adapts to your exam date
How FreeFellow Compares
Per-exam pricing across the major prep providers. The FreeFellow core (questions, solutions, lessons) is free forever. The optional Fellow tier is $79 per quarter, a small fraction of what traditional providers charge.
FreeFellow
$0 · Fellow $79/qtr
Coaching Actuaries
$200–$400/exam
Traditional providers bundle prep into a single up-front fee. FreeFellow keeps the question bank and lessons free forever and charges only for deeper study tools (mocks, flashcards, analytics). All numbers are competitor list prices as of 2026.
Everything You Need to Pass
The free tier covers what most candidates need to pass. Fellow ($79/qtr) adds the pacing tools.
✓
705+ Practice QuestionsFREE
Every question includes a detailed, step-by-step solution.
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 and registration deadlines directly with the Casualty Actuarial Society before registering.
Exam date
Status
Register by
Oct 19, 2026
Confirmed
Sep 29, 2026
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?
No catch. The 70% of Exam 6U prep you actually need to pass is free forever: the full question bank of 705 practice questions, detailed solutions on every question, mixed practice, the formula sheet, and readiness tracking. No trial period, no credit card. The remaining 30% (timed mock exams, flashcards with spaced repetition, performance analytics, and a personalized study plan) unlocks when you become a Fellow.
What does the $79 Fellow tier unlock for Exam 6U?
Fellow ($39 per month or $79 per quarter, per track; the $199 annual is Fellow Plus) unlocks four things on top of the free tier: 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?
Traditional Exam 6U prep providers charge $200 to $3,500 for a single exam, paid upfront. FreeFellow keeps the question bank, written solutions, and lessons free forever. The optional Fellow tier is $79 per quarter (a small fraction of what the big providers charge) and adds mock exams, flashcards, analytics, and a study plan. You can pass Exam 6U entirely on the free tier.
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. The free tier gives you everything you need to build mastery; 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 passed thirteen of the hardest exams in finance on the first attempt, and paid four-figure prep fees for every one. The learning itself was always free. The price was a moat.
So he started writing his own questions, then lessons, then mock exams, until it grew into a full prep platform covering 40 finance credentials with more than 45,000 original practice questions. The name says exactly what it is: the question bank is free, and Fellow is what you become once you pass.
01
Cost shouldn't decide who gets in.
The exam is a fair gate. A four-figure prep course is not. FreeFellow takes the second gate down, so the exam is the only one left.
02
Free should mean free.
No trial clock, no email gate, no credit card. The question bank, worked solutions, lessons, and readiness score stay free, and they are enough to pass.
03
Built by someone who sat where you sit.
He paid for the big-name courses, found nothing he respected, and built the prep he wished had existed. Not a marketing team that has never sat an exam.
