reinsurance

[ ree-in-shoo r-uh ns, -shur- ]
/ ˌri ɪnˈʃʊər əns, -ˈʃɜr- /
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noun

the process or business of reinsuring.

Origin of reinsurance

First recorded in 1745–55; re- + insurance
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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