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a) When the government policy makes it mandatory to re- insure.
b) Where there is need to spread various risks insured by the company.
c) Where the value of the insured property is too high for the risk to be borne by only one insurer
d) When the possibilities of the risk occurring is very high.
e) When the company covers so many different risks.
gideon1 answered the question on September 26, 2017 at 04:40
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