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  5. The transfer of risk...

The transfer of risks from an insurer to another insurer for premium is referred to...

Commerce
NECO 2009
The transfer of risks from an insurer to another insurer for premium is referred to as
  • A. assurance
  • B. insurance
  • C. subrogation
  • D. reinsurance
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts