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reinsuring

Example Sentences

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Last year, it set aside reserves of $15 billion to pay for the higher-than-expected cost of reinsuring long-term care policies in its finance arm, GE Capital.

From New York Times • Jan. 31, 2019

The newly disclosed trouble surfaced in one of those, a reinsurance unit, North American Life and Health, mainly because of the higher-than-expected cost of reinsuring long-term care policies sold by other insurers.

From New York Times • Jan. 16, 2018

The Hartford said that it had sold its life insurance business to Prudential, and was no longer in the business of writing new life policies and reinsuring them.

From New York Times • Jun. 12, 2013

Life insurers that are owned by their policyholders, called mutual companies, do not have that pressure, and some, like State Farm, Guardian and New York Life, appear not to be reinsuring through captives at all.

From New York Times • Jun. 12, 2013

In some states the reinsuring company becomes liable to an action by the beneficiary named in the original policy.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

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