Reinsurance: is insurance purchased by an insurance company from another insurer to reduce the risk exposure of the original insurer. Essentially, it is a way for insurance companies to protect themselves from large claims by spreading the risk. This helps ensure that the insurance company can remain financially stable even if they face significant losses.
Reinsurance
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Reinsurance
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Age 18 – 34 years
Age 35 – 54 years
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