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In straightforward phrases, cession is the transfer of insurance coverage obligations from just one company to another. This allows the initial insurer, known as the ceding get together, to reduce their dangers and secure them selves from needing to make large payouts. In return, the reinsurer, or accepting bash, gets https://eduardo59013.loginblogin.com/43356329/the-smart-trick-of-雅思证书颁发单位-that-nobody-is-discussing

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