reinsurance

American  

[ree-in-shoor-uhns, -shur-] / ˌri ɪnˈʃʊər əns, -ˈʃɜr- /

noun

1. the process or business of reinsuring.

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Etymology

Origin of reinsurance

First recorded in 1745–55; re- + insurance

Example Sentences

Yet despite the active season and still-substantial losses, the pricing of backstop insurance for insurers, or reinsurance, is set to drop sharply in 2026.

From The Wall Street Journal

For instance, the reinsurance giant SwissRe credits the work of the center in the development of its proprietary forecasting tool known as the CatNet.

From Los Angeles Times

Aegon also said it may sell its U.K. arm, announced a €400 million stock buyback and a $10 billion reinsurance transaction.

From MarketWatch

And given his lack of reinsurance experience, Bloomstran didn’t believe Combs was a realistic candidate to succeed Ajit Jain, who is the current vice chairman of the insurance operations.

From MarketWatch

Meanwhile, Swiss Re said it has completed a review of the portfolio of its life and health reinsurance division.

From The Wall Street Journal