reinsurance
[ree-in-shoo r-uh ns, -shur-]
- the process or business of reinsuring.
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Origin of reinsurance
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for reinsurance
Contemporary Examples
Holidaymakers remain an important part of the local economy, but so too does the insurance and reinsurance business.
To begin with, almost all insurers buy insurance of their own, reinsurance, to deal with the biggest risks they face.
While devastating, Sandy is not likely to cripple the insurance or reinsurance industries with massive payouts.
Two weeks ago, Munich RE, the German reinsurance giant, released a prescient report.
In return, the federal government backstops the firms with payments and reinsurance.
Historical Examples
The aggregate of these sums makes up the "reserve" or reinsurance fund.
The Galaxy, June 1877Various
Contracts of reinsurance are often made by all insurance companies.
Putnam's Handy Law Book for the LaymanAlbert Sidney Bolles
Very soon the question arose of the extension of the reinsurance treaty with Russia.
The Kaiser's MemoirsWilliam II, German Emperor
Reinsurance contracts are abrogated unless invasion has made it impossible for the reinsured to find another reinsurer.
Reinsurance treaties are abrogated unless invasion has made it impossible for the reinsured to find another reinsurer.