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NEW QUESTION 49
A firm of insurance brokers holds client records on an index card system and does NOT intend to computerise this information. In what circumstances, if any, will these records be covered by the Data Protection Act 2018?

A. In all circumstances.B. Only if the records include details of race.C. Only if the records include dates of birth.D. In no circumstances.

Answer: A

 

NEW QUESTION 50
How does insurable interest arise, if at all. when an insurer arranges reinsurance?

A. The policyholder is considered to have assigned the insurable interest to the insurer.B. The insurer is considered to have insurable interest by virtue of its liability to pay claims.C. Insurable interest does not arise.D. Insurable interest is created by statute.

Answer: B

 

NEW QUESTION 51
Bye-laws are passed at the Lloyd's Market by the

A. Council of Lloyd's.B. Corporation of Lloyd's.C. Lloyds Managing Agent.D. Lloyd's Market Association.

Answer: A

 

NEW QUESTION 52
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