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
37
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.
Five years of huge losses ______.
选项
A、have made Lloyd’s change its business scope
B、of Lloyd’s have ruined nearly 5% of its members
C、of Lloyd’s has undermined the base for its long-term profitability
D、have ruined Lloyd’s long-term competitiveness
答案
C
解析
文章最后一段提到long-term profitability and competitiveness...Lloyd’s seemed doomed。 Lloyd’s的5年损失让他从根基上失去了利益增长点和竞争力。所以C选项符合题意。
转载请注明原文地址:https://jikaoti.com/ti/p7psFFFM
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
Weight(体重)isoneofthetaboosubjects.InAmerica,itisOK,orevengood,tobethinbutitisanembarrassment(尴尬)tobeover
Theforeignfriends______ussomethingabouttheircountry.
Whichdoyouthinkis______important,moneyorhealth?
YOURBUILDINGSERVICE√Wehelppeopleinthispartofthecityby:*checkingallplans(方案)beforepeoplebuildnewhousesorma
JackhisJoblastweek.Itwasdifficultforhimtofindanother【C1】______.【C2】______toldhimthatitwaspossibletogetanew
BufordisthesmallesttownintheUS.ThetownishighinthemountainsanditliesontheroadbetweenNewYorkandCalifornia
Certificatesofdepositsarenotnegotiableunlesstheyareinadeliverablestate.
Theinterestrateprintedonthefaceofabondiscalledthe______.
Asoundpolicytocombatatemporaryliquidityshortageinthebankingsystemwouldbe
A、Along-terminterestrate.B、Along-termloan.C、Ashort-terminterestrate.D、Ashort-termloan.C录音原文提到Theinter-bankmarke
随机试题
阀门类别代号中()代表止回阀。
四物汤主治证候的病机要点足()
护理阑尾切除术后病人第1天应注意观察的并发症是
沿海地区某高层办公楼,建筑面积125000m2,地下3层,地上26层,现浇钢筋混凝土结构,基坑开挖深度16.30m。建设单位与施工总承包单位签订了施工总承包合同。合同履行过程中,发生了如下事件。事件1:施工总承包单位将地下连续墙工程分包给某具有相应资质的专
加工贸易是我国近年来大力发展的一种开展对外合作和交流的模式,为了方便海关对加工贸易进出口货物进行封闭式监管,国家设立特定的区域——出口加工区,加强对加工贸易的监管。出口加工区是国家对加工贸易管理从分散管理向集中管理过渡的一种尝试。请结合出口加工区的有关规
下列资产减值准备中,在符合相关条件时可以转网的有()。
游行自由是指公民有在公共道路或露天场所自由表达意愿所采取的()的自由。
Mary’s(perpetual)moaningnearlydrovememad.
Directions:Inthispart,youwillhave15minutestogooverthepassagequicklyandanswerthequestionsonAnswerSheet1.Fo
DuringaneventatFacebook’sNewYorkCityofficeonFriday,thecompany’sChiefOperatingOfficer(COO)SherylSandbergjoinedM
最新回复
(
0
)