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  3. 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

admin2012-01-26  73
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.
Which of the following is NOT true according to the passage?
选项 A、The brokers and underwriters in London have followed the same procedure for centuries.
B、Lloyd’s has recovered from huge losses in 1996 and has reinvented itself.
C、Lloyd’s has been changed for the investment of CGU and March & McLennan.
D、The Britain’s largest insurer, March ＆ McLennan, has moved its marine operation into Lloyd’s.
答案C
解析 劳埃德海上保险协会并没有因为有CGU and March ＆ McLennan的投资而有所改变。由最后一段提到all underwriting with unlimited liability; some committed suicide. Lloyd’s seemed doomed, 可知C选项错误。
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本试题收录于： FECT综合（现代金融业务）题库金融英语（FECT）分类
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