Exam CB2

CB2 exam dates and fees, 2027

Two sessions a year. In 2027 CB2 is sat on Friday 16 April 2027 and Thursday 16 September 2027.

April 2027Friday 16 April 2027; entry 25 January to 5 February 2027; results 6 July 2027
September 2027Thursday 16 September 2027; entry 12 to 23 July 2027; results 7 December 2027
Fee£302 for members (£197 reduced), from 1 July 2026

Fees from 1 July 2026

CB2 is open to members only. All exams start at 09:00 UK time.

CandidateFull rateReduced rate
Member£302£197

Try a question

Elasticity of demand for travel insurance

Markets · Straightforward · 8 marks

Wayfarer Cover sells single-trip travel insurance online. When it cut its price from £40 to £32 a policy, monthly sales rose from 5,000 to 6,000 policies. Assume nothing else affecting demand changed.

  1. (i)

    Calculate the price elasticity of demand using the original price and quantity as the base, to 2 decimal places.

    2 marks
  2. (ii)

    Calculate the price elasticity of demand using average (midpoint) values, to 2 decimal places.

    2 marks
  3. (iii)

    Calculate the change in Wayfarer's monthly premium income, in £.

    2 marks
  4. (iv)

    Explain why the two methods give different answers, and comment on which result is consistent with the change in premium income.

    2 marks

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Key exam dates

Questions people ask

When are CB2 results released?

For the April 2027 session on 6 July 2027, and for September 2027 on 7 December 2027.

Is there a reduced fee?

Yes, if your income is low enough to qualify for the reduced subscription: £197.