Reinsurance is defines as:

Question

Options

• Ato pay another party to assume a stream of contingent expenses, for a premium over the expected cost
• Bto pay another party to assume a stream of contingent revenues, for an interest over the expected cost
• Cto sell another party to assume a stream of contingent assets, for a premium over the actual cost
• Dto sell another party to assume a stream of contingent expenses, for a discount over the expected cost

• A
  83% (20)
• B
  4% (1)
• C
  8% (2)
• D
  4% (1)

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