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What is subrogation in insurance?a)The process of assessing risk and determining premiumsb)The practice of sharing losses between the insurer and reinsurerc)The ability of an insurance company to recover expenses from a responsible partyd)The transfer of risk from an individual to a pooled group of risksCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is subrogation in insurance?a)The process of assessing risk and determining premiumsb)The practice of sharing losses between the insurer and reinsurerc)The ability of an insurance company to recover expenses from a responsible partyd)The transfer of risk from an individual to a pooled group of risksCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is subrogation in insurance?a)The process of assessing risk and determining premiumsb)The practice of sharing losses between the insurer and reinsurerc)The ability of an insurance company to recover expenses from a responsible partyd)The transfer of risk from an individual to a pooled group of risksCorrect answer is option 'C'. Can you explain this answer?.

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