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sasho [114]
3 years ago
7

Lloyd’s of London was one of the first institutions to offer insurance to merchants and joint-trade companies. A major part of t

he insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. What were these risk-takers known as?
A. joint-stock companies
B. investors
C.underwriters
D. merchants
E.capitalists
History
2 answers:
Brums [2.3K]3 years ago
8 0
The answer is C. Underwriters.
GuDViN [60]3 years ago
6 0
<span>Lloyd’s of London was one of the first institutions to offer insurance to merchants and joint-trade companies. A major part of the insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. What were these risk-takers known as?

the answer is c</span>
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