Posted on October 19, 2017
Please click on the below link:
willisgroupservices.com/PROD2LZ/lz.aspx?p1=05063702S3397&CC=&p=0
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A formal social device for reducing risk by transferring the risks of several individual entities to an Insurer. The Insurer agrees, for a consideration, to assume, to a specified extent, the losses suffered by the Insured.
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