reinsurance

[ ree-in-shoor-uhns, -shur- ]

/ ˌri ɪnˈʃʊər əns, -ˈʃɜr- /

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noun

the process or business of reinsuring.

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Origin of reinsurance

First recorded in 1745–55; re- + insurance

Words nearby reinsurance

reins, reinsman, reinstall, reinstate, reinstatement, reinsurance, reinsure, reintegrate, reintegration, reinterpret, reintroduce

How to use reinsurance in a sentence

Catastrophe bonds are issued by reinsurance companies as a way to hedge some of their own risk from devastating hurricanes, fires, floods and earthquakes.
Insurers are getting nervous as Hurricane Laura is set to make landfall as a powerful Category 4 storm|Jeremy Kahn|August 26, 2020|Fortune
Holidaymakers remain an important part of the local economy, but so too does the insurance and reinsurance business.
How John Lennon Rediscovered His Music in Bermuda|The Telegraph|November 3, 2013|DAILY BEAST
And it would make reinsurance—and thus, insurance—much more expensive for almost everyone.
The Part of Obama's Budget that Could Spark a Trade War|Justin Green|April 15, 2013|DAILY BEAST
To begin with, almost all insurers buy insurance of their own, reinsurance, to deal with the biggest risks they face.
The Part of Obama's Budget that Could Spark a Trade War|Justin Green|April 15, 2013|DAILY BEAST

While devastating, Sandy is not likely to cripple the insurance or reinsurance industries with massive payouts.
The Economic Losses from Superstorm Sandy Continue to Mount|Matthew Zeitlin|November 1, 2012|DAILY BEAST
Two weeks ago, Munich RE, the German reinsurance giant, released a prescient report.
How Much Will Sandy Cost? Ask the Insurers|Matthew Zeitlin|October 31, 2012|DAILY BEAST
Reinsurance contracts are abrogated unless invasion has made it impossible for the reinsured to find another reinsurer.
The Story of the Great War, Volume VIII (of VIII)|various
Reinsurance treaties are abrogated unless invasion has made it impossible for the reinsured to find another reinsurer.
World's War Events, Volume III|Various
The aggregate of these sums makes up the "reserve" or reinsurance fund.
The Galaxy, June 1877|Various
He starved himself in order to save money to speculate in shipping reinsurance.
Swirling Waters|Max Rittenberg
In this connection it was that he gave me the first hints concerning the secret reinsurance treaty with Russia.
The Kaiser's Memoirs|William II, German Emperor