Answer-Which of the following statements is false?

The insured has a contractual relationship with the primary insurer, not with the reinsurer. The reinsurance agreement is between the primary insurer and the reinsurer.

Question

Which of the following statements is false?

A Coinsurance is the sharing of risks between insurers

B The insurer has a contractual relationship with the reinsurer

C The re-insurer is the insurer of the insurer

D The insured has a contractual relationship with the reinsurer

E None of the above

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Which of the following statements is false?

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