Answer: Share
Step-by-step explanation:
According to the given scenario, the berry hill is one of the type of insurance company that basically decided to sharing the risk for paying the flood claims by increase the rate of of the insurance in the southern state.
The various types of companies or insurance based organization are effectively determining their risk by calculating the actual premium rate of the policy holder partner.
The risk sharing is one of the process in which the both the factor such as profit or loss are get share between the partners or any policy holder member in the company on the basis of the pre-determine formula.
Therefore, Share is the correct answer.