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Question: _________ is a contract between two insures i.e. original insurer and another insurer.

Options:

  1.  Insurance
  2.  Reinsurance
  3.  Policy
  4.  Premium

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2. Reinsurance

Reinsurance is a contract between two insures i.e. original insurer and another insurer.


More information:

Reinsurance (Insurance for Insurers) is a contract of insurance between two insurers.

In this, one purchases insurance from another insurance company to mitigate risk from the risk of a major claims event.

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