At the end of the 1980s,Lloyd's of London was in severe financial trouble because of:
A)a major recession in Western Europe and the United States.
B)terror attacks by the IRA.
C)asbestos claims.
D)the war in Iraq.

Question

Quizplus · Accepted Answer

Lloyd's of London was hit hard by claims related to asbestos, which ultimately resulted in losses of over £10 billion for the insurance market.

At the End of the 1980s,Lloyd's of London Was in Severe