Business Studies, asked by nikhilgumbhir1857, 1 year ago

What is reinsurance? and 4 companies which are reinsurance companies?

Answers

Answered by lucky1829

2

A reinsurer is a company that provides financial protection to insurance companies. Reinsurers handle risks that are too large for insurance companies to handle on their own and make it possible for insurers to obtain more business (that is, underwrite more policies) than they would otherwise be able to.

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