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Robert Melkonyan's Articles in Reinsurance
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Types Of Reinsurance Policies
When an insurance company insures itself it is called as reinsurance, where by it shares the risk of loss with another company. Insurance companies need
reinsurance,
when they face the danger of having to pay a multitude of claims at the same time and hence have no option but to face bankruptcy, where as if they have reinsured they are protected to a certain extent.
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