Page 6 - CFPA-CII-Module W01-Examen blanc N°2-Qestions avec réponses
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19. A Mutual insurance company is owned by:
a) Policyholders
b) Shareholders
c) Partnership
d) Management
20. One of the following bodies may be exempt from the purchase of compulsory motor
Insurance:
a) Banks
b) Building Societies
c) Police
d) Security firms
21. A Captive Insurer is owned by:
a) Two or more insurers
b) A non-insurance parent company
c) A reinsurer
d) All large businesses
22. A Proprietary Company is a:
a) Company owned by policyholders
b) Limited liability company
c) Company trading outside the UK
d) Legal Expenses Insurer only
23 At Lloyd’s the Policy is prepared by:
a) Excalibur
b) Extracting
c) Xchanging
d) Xmanaging
24. The groups of individuals or corporations who carry risks at Lloyd’s are:
a) Syndicates
b) Managing Agents
c) Underwriters
d) Lloyd’s Brokers
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