Question
London Metal Exchange is owned by which one of the
following?Solution
The London Metal Exchange (LME) is the futures exchange with the world's largest market in options and future contracts on base and other metals. As the LME offers contracts with daily expiry dates of up to three months from trade date, weekly contracts to six months, and monthly contracts up to 123 months it also allows for cash trading. Since 2012 it has been owned by Hong Kong Exchange and clearing , after LME's shareholders voted in July 2012 to approve the sale of the exchange for a price of £1.4 billion.
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which of the following company is not a foreign insurance company?
What is the maximum value of claim up to which an insurance Ombudsman can redress a customer grievance?
An insurance cover that is linked with credit activities and aims to protect the credit is called?
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Failure to disclose material facts can make the policy:
What is the purpose of a deductible in an insurance policy?
The 49th GST Council made recommendations relating to GST compensation. In this context, Government of India has decided to clear the entire pending bal...
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
The 'No Claim Bonus' is calculated based on:
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