TITANIC DISASTER CASE (MCQs)

1. A form of reinsurance commonly purchased after the marine incident.

a) Overdue Insurance
b) Under-due Insurance
c) Marine Insurance
d) Lloyd’s Insurance
Answer: a)
2. What was the name of Titanic which was insured by Lloyd’s insurance Company?
a) Olympic
b) Phoenix
c) Matrix
d) Prestige
Answer: a)
3. The total insured Marine losses for Titanic case in 1912 came to:
a) £ 8.85m
b) £ 9.96m
c) £ 6.75m
d) £ 11.8m
Answer: c)
4. Insurance of Insurance is known as
a) Double Insurance
b) Reinsurance
c) Pre-insurance
d) Multiple Insurance
Answer: b)
5. The owner of Titanic who was paid the insurance claim of £1m by Lloyd’s within 30
days of ship sinking was:
a) Blue Star
b) Red Star
c) Grey Star
d) White Star
Answer: d)

Submitted by: Aashi Goyal

2015002
9th Semester