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Financial and Regulatory Environment (GIFREU) Exam | SOA

Announcement: SOA releases passing candidate numbers for February 2025 Exam FM.

Financial and Regulatory Environment (GIFREU) Exam

Overview

The Financial and Regulatory Environment (GIFREU) Exam provides an assessment on how to analyze different types of elements of financial reporting for general insurance companies. Candidates demonstrate actuarial standards of practice and analyze general insurer’s financial health through prescribed formulas, ratios and other solvency regulation methods.

The SOA does not offer the Canadian version of the Financial and Regulatory Environment (FRE) exam. The SOA provides a waiver for the FRE-Canada exam to those passing Exam 6C from the CAS.

Ready to Register?

Registration opens the week of July 27, 2025

Closed

Exam Essentials

Fee $1,290*
Dates and Deadlines

How Should I Study?

To study for the Financial and Regulatory Environment (GIFREU) Exam, start with the applicable syllabus and continue with the other materials on the study page.

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Additional Information