This class was created by Brainscape user Darcy Baldwin. Visit their profile to learn more about the creator.

Decks in this class (11)

Chapter 1 - Business nature of the London Market
What type of market is the london...,
What is a subscription market,
Can an insurer take on 100 of a risk
34  cards
Chapter 2 - Risks written in the London Market
What is agricultural crop and for...,
What is bloodstock livestock insu...,
What does contingency insurance g...
120  cards
Chapter 3 - Reinsurance
What is reinsurance,
What does reinsurance provide for...,
What does reinsurance allow for t...
42  cards
Chapter 4 - Market Security
What is solvency,
What are assets,
What is solvency ii
32  cards
Chapter 5 - Legal and regulatory requirements
Are all compulsory insurances lia...,
Are compulsory insurances require...,
What is the basic concept for inj...
38  cards
Chapter 6 - Insurance intermediation
Who is a broker generally the age...,
What are two ways that an agency ...,
What duties do brokers have towar...
80  cards
Chapter 7 - Underwriting
What is a subscription market,
What does an insurer s share of a...,
Is the london market the only mar...
44  cards
Chapter 8 - Business process
What are quotations used for,
Can a broker obtain multiple quot...,
Are quotations limited in their v...
39  cards
Chapter 9 - Delegated underwriting
What is delegated underwriting,
Can authority be given to differe...,
What is a consortium
35  cards
Chapter 10 - Claims handling
In what order are expert s detail...,
Is a good claims service importan...,
3  cards
YouTube
What is a subscription market,
Why might an insurer not take 100...,
Why would a risk be placed in com...
17  cards

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LM2 DB

  • Class purpose General learning

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