A.render
B.professional
C.indifferent
D.indebted
E.regarding
F.concernG、fascinateH、pursueI、favorableJ、the case
A.premium
B.coverage
C.insurance
D.amount
Which of the following is not the participant of London insurance market.?
A.CGU.
B.Smith Kline Beecham.
C.March & McLennan.
D.America's Paul.
A.On
B.With
C.By
D.In
A.3000
B.2000
C.1000
D.0
(4)
A.A bank or insurance company issues an advance payment bond.
B.A bank or insurance company issues a tender bond.
C.A bank or insurance company issues a maintenance bond.
D.A bank or insurance company issues a performance bond.
A.A third party inspection certificate
B.An insurance policy
C.A black list certificate
D.An insurance certificate
How is the opinion of the author about the London's insurance market?
A.Great changes have taken place since 1990's at London insurance market.
B.London's insurance market was too ancient to be changed.
C.Little has really changed at London's insurance market in recent years.
D.For centuries, no changes have taken place in London's insurance market.
Insurance policies usually contain a (56) clause that excludes a fixed amount of the loss from (57) Casualty insurance policies frequently contain a coinsurance clause in the contract. A coinsurance clause provides that the insurance company shall be liable (58) only a portion of any loss (59) by the insured unless the insured carries insurance which totals a certain percent, frequently 80-90 percent of the fair value of the asset. In the (60) of a loss, the insured recovers from the insurance company that portion of the loss which the face of the insurance policy bears to the amount of insurance that should be carried as required by the coinsurance clause.
(41)
A.deductible
B.exemptible
C.expectable
D.escapable
A.The issuance of convertible bonds by a company results in a decrease in both its debt-to-equity and its interest coverage ratios.
B.The conversion of convertible bonds into common equity results in an increase in the company’s debt-to-equity ratio and an increase in the interest coverage ratio.
C.When there is a conversion of convertible debt into common equity, even if the market price exceeds the conversion price, no gain or loss may be reported on the financial statements.