What are the advantages of reinsurance for an insurance company?

i$.$ The reinsurance company provides underwriting expertise.

ii$.$ The insurance company can assume more risk.

iii. The reinsurer pays the policyholder directly.

iv$.$ The insurance company$$s only role is to broker a policy between the policyholder and reinsurer.

$($i$)$ and $($ii$)$ only

$($iii$)$ and $($iv$)$ only

$($i$),($ii$)$ and $($iii$)$ only

$($i$),($iii$)$ and $($iv$)$ only

None of the above