This class was created by Brainscape user Matt Baugh. Visit their profile to learn more about the creator.
By:
Matt Baugh
- decks
- flashcards
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Decks in this class (10)
Chapter 1 - Business nature of the London Market
Why would an insurer not take 100...,
Why may a risk be placed partly o...,
Describe proprietary companies
19
cards
Chapter 2 - Risks written in the London Market
What is the main peril in agricul...,
What is bloodstock livestock,
What does contingency insurance c...
74
cards
Chapter 3 - Reinsurance
What is reinsurance,
Why do insurers buy reinsurance,
Why sell reinsurance
31
cards
Chapter 4 - Market Security
What is the equation for solvency,
What are the objectives of solven...,
What are the three pillars of sol...
12
cards
Chapter 5 - Legal and Regulatory Requirements
What insurances are compulsory fo...,
What insurances are compulsory fo...,
What are the main reasons for ins...
18
cards
Chapter 6 - Insurance Intermediation
What are the three ways an agency...,
What can a principal do if they a...,
What is a wholesale broker
20
cards
Chapter 7 - Underwriting
Why might an insurer not take 100...,
How are insurers rated,
Why are brokers bothered about ra...
18
cards
Chapter 8 - Business Process
What is a quotation,
What are the legal implications o...,
What is an insurer s share of a r...
33
cards
Chapter 9 - Delegated Underwriting
Who can underwriting authority be...,
What is a consortium,
How long is a consortium set up for
21
cards
Chapter 10 - Claims Handling
What is the first advice after a ...,
What is the broker s role in firs...,
What is the broker s ongoing role...
19
cards
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cii lm2
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Looking for something else?
Cert CII - LM2
- 10 decks
- 152 flashcards
- 5 learners
Decks:
1 Business Nature Of The London Market, 2 Risks Written In The London Market, 3 Reinsurance, And more!
CII LM1
- 9 decks
- 237 flashcards
- 172 learners
Decks:
Chapter 1 Fundamental Principles, Chapter 8 Role Of A Broker, Chapter 7 Regulatory Processes Systems A, And more!
