Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

LM1 > 9. Underwriters > Flashcards

9. Underwriters Flashcards

1
Q

Overall leader

A

Main leader, can be based anywhere

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Slip leader

A

London Market slip leader

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Bureau leader

A

Lloyd’s leader

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

General Underwriters Agreement

A

Mechanism to maximise efficiency of post-placement contract changes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

GUA Parts

A

Part 1 - non-material changes are leader only
Part 2 - not in part 1 or 3 is leader and some agreement parties
Part 3 - material changes agreed by all underwriters

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly

LM1 (9 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions