The person who agrees to compensate the loss arising from the risk is called the ........

Name: The person who agrees to compensate the loss arising from the risk is called the ........
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Question

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All of these terms can refer to a person or entity that agrees to compensate for losses. An insurer is a company that provides insurance. An underwriter is involved in assessing and accepting the risk. Assurer is another term used for an insurer, especially in life insurance.

The Person Who Agrees to Compensate the Loss Arising from the Risk