A reinsurance company

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A reinsurance company

A. Is formed to write all or part of the insurance for a parent company.
B.Provides primary insurance for loss exposures that private insurers are unwilling to provide.
C.Transfers losses to a primary insurer.
D.Assumes loss exposures from a primary insurer.

Answer: D.The reinsurer assumes some or all of the potential costs of insured loss exposures of the primary insurer.

Insurance

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