reinsurance

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re·in·sure

 (rē′ĭn-sho͝or′)
tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.

re′in·sur′ance n.
re′in·sur′er n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.reinsurance - sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured; "reinsurance enables a client to get coverage that would be too great for any one company to assume"
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
Translations

reinsurance

[ˈriːɪnˈʃʊərəns] Nreaseguro m

reinsurance

References in periodicals archive ?
Although the idea's been around for a while, early successes and changes in the market have spurred a recent upsurge in the creation of new affiliated reinsurance companies, fueled by fresh capital, but still dependent on the sponsor for underwriting expertise.
One of the country's foremost reinsurance companies, Centre Reinsurante/Zurich Reinsurance - represented by ESG's Merrill Roth, senior managing director, and Richard Lewis, associate director - will relocate some of its operations to Chase Plaza from One Liberty Plaza and Stamford, CT.
The high number of natural disasters that occurred in Asia Pacific countries during the review period, including floods in Australia and Thailand, earthquakes in New Zealand and Japan, and a tsunami in Japan, forced insurers in these countries to share a greater proportion of their revenues with reinsurance companies in order to avoid substantial losses from similar events in the future.