CII LM2 Practice Questions - CII LM2 London Market Insurance Principles And Practices Exam

Access More Questions

Why might a commercial client choose to place a large or complex risk in the London Market rather than only in a local domestic market?

Because London Market policies are always free of excesses and exclusions Because London Market underwriters never charge premium Because the London Market offers specialist capacity, expertise and the ability to share large risks across many underwriters Because UK Insurance Premium Tax is never payable on London Market risks

Correct Answer:

Because the London Market offers specialist capacity, expertise and the ability to share large risks across many underwriters

Access more questions from this quiz

Continue to CII LM2 Practice Questions - CII LM2 London Market Insurance Principles and Practices Exam for more practice questions and the full quiz experience.

Access More Questions