Reinsurance Is Defines As

Reinsurance is defines as:

A) to pay another party to assume a stream of contingent expenses, for a premium over the expected cost
B) to pay another party to assume a stream of contingent revenues, for an interest over the expected cost
C) to sell another party to assume a stream of contingent assets, for a premium over the actual cost
D) to sell another party to assume a stream of contingent expenses, for a discount over the expected cost