reinsurance
Noun
Meaning
Insurance a second time or again; renewed insurance.
A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
Source: Webster's dictionarySynonyms
Antonyms
Hypernyms
Phrases with the word
Examples
An overgenerous reinsurance policy for an underachieving people.
XL is a world class brand with very successful insurance, reinsurance and life reinsurance businesses and I look forward to helping it realize its full potential.
reinsurance enables a client to get coverage that would be too great for any one company to assume
Additionally, Rafferty believes that the reinsurance market could be impacted by the bushfires.
Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance.
Commercial automobile products covered by our reinsurance treaties from July 3, 2013 through July 2, 2019 are subject to an unlimited aggregate stop-loss provision.