a. What is the meaning of reinsurance? b. Briefly explain the reasons for reinsurance. c. Explain the

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a. What is the meaning of reinsurance?
b. Briefly explain the reasons for reinsurance.
c. Explain the meaning of "securitization of risk."

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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