A. assurance
B. re-investment
C. reinsurance
D. insurance
Correct Answer: Option C
C. reinsurance
Explanation
Reinsurance: The contract made between an insurance company and a third party to protect the insurance company from losses. Reinsurance is insurance that is purchased by an insurance company, in which some part of its own insurance liabilities is passed on to another insurance company.
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…