Lloyd’s of London (mcq)

Question

Question: Lloyd’s of London (mcq)

Options:

1.  Is a large property-liability insurance company with headquarters in London
2.  Sells insurance directly to the public through the mail
3.  Sells only inland and outland marine coverage to insure transportation risks
4.  Specializes in life insurance coverage
5.  Is a marketplace where separate underwriting syndicates accept risk exposures for their own

Answer 1

5. Is a marketplace where separate underwriting syndicates accept risk exposures for their own

Lloyd’s of London is a marketplace where separate underwriting syndicates accept risk exposures for their own.