849. The Insurer who grants a guarantee from the direct insurer is called as _________.

Direct Insurer
Ceding Insurer
Re-Insurer
Double Insurer
✅ The correct answer is C.
The Insurer who grants a guarantee from the direct insurer is called as Re-Insurer. A reinsurer is an insurance company that insures the risks of other insurance companies. A cedant is an insurer who transfers all or part of a risk to a reinsurer.

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