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    Financial Institutions Management Study Set 2
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    Exam 3: The Financial Service Industry: Other Financial Institutions
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    Reinsurance Is Insurance Purchased by Insurers from Other Insurers to Limit
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Reinsurance Is Insurance Purchased by Insurers from Other Insurers to Limit

Question 55

Question 55

True/False

Reinsurance is insurance purchased by insurers from other insurers to limit the total loss an insurer would experience in case of a disaster.

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