In order to reduce the risk of heavy insurance the insurer passes on some business to the other company, it is called Reinsurance.The main reason of reinsurance is for an insurance company to reduce the risks associated with underwritten policies by spreading risks across alternative institutions.
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In order to reduce the risk of heavy insurance the insurer passes on some business to the other company, it is called Reinsurance.The main reason of reinsurance is for an insurance company to reduce the risks associated with underwritten policies by spreading risks across alternative institutions.
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