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reinsure
(redirected from reinsurers)

   Also found in: Legal 0.01 sec.
re·in·sure  (rn-shr)
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.

rein·surance n.
rein·surer n.

reinsure [ˌriːɪnˈʃʊə -ʃɔː]
vb (tr)
1. (Business / Insurance) to insure again
2. (Business / Insurance) (of an insurer) to obtain partial or complete insurance coverage from another insurer for (a risk on which a policy has already been issued)
reinsurance  n
reinsurer  n
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.reinsure - provide additional insurance for
insure - take out insurance for
2.reinsure - insure again by transferring to another insurance company all or a part of a liability assumed
insure - take out insurance for
3.reinsure - insure again by assuming all or a part of the liability of an insurance company already covering a risk
underwrite, insure, cover - protect by insurance; "The insurance won't cover this"
Translations
reinsure [ˈriːɪnˈʃʊəʳ] VTreasegurar
reinsure
vtrückversichern; to reinsure one’s car (with same company) → seine Autoversicherung verlängern


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[ILLUSTRATION OMITTED] * The Situation: Reinsurers have been hit hard by investment losses in the past year.
Catastrophe reinsurers provide backup coverage to other insurers spreading the risk of large losses.
In fact, they've learned to be just as good as their reinsurers are at analyzing the cedants.
 
 
 
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