in Finance by (257k points)

Question: ________ means insuring again.


  1.  General insurance
  2.  Reinsurance
  3.  Coinsurance
  4.  Double insurance

Please log in or register to answer this question.

1 Answer

0 votes
by (735k points)
selected by
Best answer

2. Reinsurance

Reinsurance means insuring again.

More information:

Reinsurance is a form of insurance that an insurance company purchases from another insurance company to mitigate risk from the risk of a major claims event.

It is popularly known as 'Insurance for Insurers' or 'Stop-loss Insurance'.

Related questions