Question

What is the term for insurance purchased by an insurance

Q: Answer-What is the term for insurance purchased by an insurance company directly from one or more insurance...

Reinsurance, often called insurance for insurance companies, results from a contract between a reinsurer and an insurer. In it, the insurance companyknown as the ceding party or cedenttransfers some of its insured risk to the reinsurance company.

company directly from one or more insurance companies or through a broker for the purpose of risk management?

A Retrocession

B Subrogation

C Co-insurance

D Reinsurance

E Underwriting

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What is the term for insurance purchased by an insurance

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