ExamPlay Light Logo
Đăng nhập

WAEC - Commerce (2021 - No. 25)

The practice by which insurance companies share risks with other insurance companies is 
contribution
re-insurance
insurance
underwriting

Giải thích

Contribution — is an insurance principle where two or more insurers are each liable for a covered loss and they both participate or contribute to the payment of that loss.

Bình luận (0)

Đăng nhập để bình luận
Quảng cáo
BrainBehindX Inc Logo
©2026; Được cung cấp bởi BrainBehindX Inc