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

Explanation

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

Correct Answer: Option D

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