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When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called—————

Question:

When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called—————

A.

insurance

B.

association

C.

re –insurance

D.

mutual companies.

Answer» c. re –insurance

Note: The above multiple-choice question is for all general and Competitive Exams in India