< Study Room | 06.01.2017

Which of these sums represents the contribution to the UK’s gross domestic product made by the key classes of business written in the London market each year?

Which of these sums represents the contribution to the UK’s gross domestic product made by the key classes of business written in the London market each year?

A: £29 bn

B: £10 bn

C: £15 bn

D: £50 bn

 

Answer:

A: The key classes of business written in the London market contribute around £29 billion to the UK’s gross domestic product, which accounts for net worldwide premiums of £187 billion.

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