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
<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?
