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

Question

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

Options:

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

Answer 1

2. Reinsurance

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

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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.