首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Though the glass building is modern enough, such scenes suggest that little has really changed at London’s ancient insurance mar
Though the glass building is modern enough, such scenes suggest that little has really changed at London’s ancient insurance mar
admin
2012-01-26
94
问题
Though the glass building is modern enough, such scenes suggest that little has really changed at London’s ancient insurance market. For centuries, brokers and underwriters have performed similar rituals, in good times and in bad notably in the early 1990s, when Lloyd’s suffered such huge losses that it almost went under. But since it pulled back from the abyss in 1996, Lloyd’s has reinvented itself. It clings tenaciously to its historic trappings; but, in substance, it is as though it had died and come back in a new form.
To see how Lloyd’ s has changed, look at who invests there. This year, Britain’s largest insurer, CGU, has moved its marine operation into Lloyd’s. March & McLennan, the world’s largest insurance broker, has helped to found a new Bermudian insurer that will underwrite from Lloyd’s. And the market has welcomed its first big multinational, Smith Kline BeeCham, a drags giant, which has launched an in-house (or "captive") insurer. Other arrivals read like a Who’s of the industry, including Warren Buffet’s Berkshire Hathaway, Ace, a Bermudian insurer, and America’s Paul.
This adds up to a ringing endorsement of Lloyd’s renewed viability, long-term profitability and competitiveness, none of which could have been taken for granted as recently as 1996. Then the market had racked up the world’s biggest-ever commercial loss(8 billion $13 billion)in five years. It had mined at least 1,600 of its 34,000 members ("names") , all underwriting with unlimited liability; some committed suicide. Lloyd’s seemed doomed.
Which of the following is NOT true according to the passage?
选项
A、The brokers and underwriters in London have followed the same procedure for centuries.
B、Lloyd’s has recovered from huge losses in 1996 and has reinvented itself.
C、Lloyd’s has been changed for the investment of CGU and March & McLennan.
D、The Britain’s largest insurer, March & McLennan, has moved its marine operation into Lloyd’s.
答案
C
解析
劳埃德海上保险协会并没有因为有CGU and March & McLennan的投资而有所改变。由最后一段提到all underwriting with unlimited liability; some committed suicide. Lloyd’s seemed doomed, 可知C选项错误。
转载请注明原文地址:https://www.kaotiyun.com/show/aZYd777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
Ayoungman(Example:0)goingtojointhearmy(军队)andhadto【C1】______amedicalexamination.Thedoctorwassittingatadeskwhe
TouristscanseemanyinterestingthingsinShanghai.There______manyinterestingthingsfortouriststoseeinShanghai.
Youshouldalways______sometimepracticingEnglishifyouwanttomakeprogress.
Hesoldhisoldcartooneofhisfriends.Hisoldcar______tooneofhisfriends.
Ifsomeoneissleepwalking,theyarewalkingaroundwhiletheyareasleep.Sleepwalkinghappenswhenapersonisnotfullyaslee
A&DLtd.providesyouwiththefollowinginformationforthetwoyearsended31Decemberyears2002and2003.BalanceSheeten
Acertificateofdepositsdiffersfromthegeneraltypeoftimedepositsinthatitisnegotiableandcanbesoldtoanotherpar
Whoaretheholdersofbillsofexchange,listtwoofthem.
Whichofthefollowingisusuallyleastimportantasameasureofshort-termliquidity?
Thedocumentarycollectionprovidesthesellerwithagreaterdegreeofprotectionthanshippingon______.
随机试题
党的“十七大”提出生态文明建设的总体要求的核心和实质是()
失代偿呼吸性酸中毒时,血气结果可出现
败毒散的功用是()
在合同履行过程中,可能发生合同条款约定的导致变更的情形时,经发包人同意后,监理人可向承包人发出()。
汽车用电动刮雨器
项目具有独特的过程(一组将输入转化为输出的相互关联或相互作用的活动),有明确的开始和结束日期,由一系列相互协调和受控的活动组成。过程的实施是为了达到规定的目标,包括满足时间、费用和资源等约束条件。对上述定义要做如下说明:(1)单个项目可作为一个
现在最流行的声音文件格式是()文件。
环境友好型社会,是人与自然和谐发展的社会,应建立的社会体系是
[*]
一台交换机具有12个10/100Mbps电端口和2个1000Mpbs光端口,如果所有端口都工作在全双工状态,那么交换机总带宽应为
最新回复
(
0
)