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Question

What is the role of a Ceding Company in insurance?

A A Ceding Company assumes the risk from another insurance company.

B A Ceding Company solely provides insurance coverage to policyholders.

C A Ceding Company transfers part or all of the risk it has assumed to another insurance company.

D A Ceding Company accepts part or all of the risk from another insurance company.

E A Ceding Company invests the premiums received in financial markets.

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Relevant for Exams:

OICL AO Accounts

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