The practice by which an insurance company accepts a very large risk and later shares it with other insurance companies is called
a
subrogation
b
contribution
c
re-insurance
d
indemnity
Explanation
Correct Option
cNo explanation available
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Dammy Blessing
10 years ago
Here is an explanation:
d ans is C coz re-insurance is a practice whereby insurers further insure part of d risks insured wth dem wth oda companies in order 2 spread d risks nd reduce d loss dat an individual insurer may bear

