Numbers
Aon means this in Gaelic
One
This term describes a provision that forces the reinsurer to pay the insured directly for losses payable by a financial impaired fronting insurer
Cut-through clause
In UK regulation, PRA stands for this
Prudential Regulation Authority
This Rolling Stone guitarist insured his fingers for $1.6m
Keith Richards
The year this event in the UK caused massive losses and it often called the 'Great storm' of the UK
The great storm of 1987
This ocean is where most major hurricanes that impact global reinsurers originate
Atlantic Ocean
The number of Lloyds syndicates currently writing reinsurance business is closest to this figure
90 (varies 90-95)
This type of bomb is a general term for bombs that are not weapons of mass destruction.
Conventional
What is this coverage term SRCC
Strikes, Riots & Civil Commotions
This 'bronzed' football superstar insured his legs for over $750m
Cristiano Ronaldo
Although not the first marine Insurance claim, this 1912 disaster involving a luxury liner was one of the largest insured marine losses of its era and was paid within 30 days by Lloyds
The sinking of the Titanic
Rising global temperatures are pushing vineyards from France towards this country
United Kingdom
When was the first reinsurance contract written?
1885
In 2015, Storm Desmond caused major flooding across Cumbria and other regions. What government-backed scheme, launched in 2016 to make home flood insurance affordable in high risk areas ?
Flood Re
These initials LIRMA are the trade association representing non-marine insurance companies in the London Insurance & Reinsurance market
The London Insurance & Reinsurance Market Association
This actress insured her smile for $30m, a 'pretty' steep dental bill!
Julia Roberts
This is the year that the Fukushima Earthquake took place in Japan, which killed 19,000 people and led to international supply chain issues plus a major nuclear accident
2011
This country is the largest reinsurance market globally by premium volume
Germany
How many official states are in Tornado Alley?
7 (The term was first used in 1952 as the title of a research project to study severe weather in areas of Texas, Louisiana, Oklahoma, Kansas, South Dakota, Iowa and Nebraska)
Unlike cyberwarfare, this type of warfare that starts with a âkâ uses traditional weapons and explosives to inflict physical damage on the opponent.
Kinetic
What does ILU stand for?
Institute Of London Underwriters
This Hong Kong Martial artist & actor famous for his own stunts reportedly insured his entire body for tens of millions
Jackie Chan
The Great Fire of London in this year sparked the birth of modern fire insurance
1666
The 'Ring of Fire' known for earthquakes and volcanic activities surround this ocean
The Pacific Ocean
A hurricane is classified as a Category on the Saffir-Simpson Hurricane Wind Scale by the U.K. National Weather Service when the sustained wind speed is equal to or greater than this number
157
Only differing by their first letter, these two terms are used to describe types of flooding. the first, in alphabetical order, is a type of flooding that occurs when a river, lake, or stream overflows and spills onto the surrounding land. the second is a type of flooding that occurs when a heavy rainfall occurs independent of an overflowing body of water.
Fluvial and Pluvial
What is GRI?
Global Reporting Initiative
This highest-grossing live music artist, the wealthiest female musician insured her voice for $35m, just in case she ever lost her signature sound
Taylor Swift
This bell hangs in the underwriting room at Lloyds of London and was salvaged from the wreck of a famous passenger liner that sank in 1912 and was rung once for bad news and twice for good news
Lutine Bell
This climate event named 'The Little Boy' causes warming of Pacific Ocean weather leading to hurricanes, floods and drought worldwide impacting catastrophe Insurance
El Nino