ago in Finance by (52.0k points)

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

Options:

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

Please log in or register to answer this question.

1 Answer

0 votes
ago by (182k points)
selected ago by
 
Best answer

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.

Related questions

...