……………. Is an arrangement between two insurance companies whereby one transfers a part of risk to other .

Related MCQs

• The commission earned by insurance companies from others for giving them business under re insurance is called ……………………
• The commission given by insurance companies to others for receiving Business under re insurance is called ………………….
• The profit and loss amount of general insurance companies are prepared in …………………………………..
• The consideration in insurance for covering the risk is called………….
• ……………. Is the party who undertakes the risk in insurance
• The party whose risk is covered in insurance is known as
• Double insurance is common in ……………………. Insurance.
• Re insurance is generally found in ………………. Insurance
• Fire insurance, marine insurance etc come under ………………………
• Insurance claim is a claim ……………………… by the insurance company