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 ?
The report provides in-depth market analysis, information and insights into the Russian reinsurance segment, including:
regulatory system for credit for reinsurance led the Reinsurance Task Force of the National Association of Insurance Commissioners recently to take a much needed step forward at the Summer NAIC meeting by voting to advance a proposal to ease collateral requirements for non-U.
The ED also would establish the conditions required for a contract with a reinsurer to qualify for reinsurance accounting.
The report also concludes that two developments in early 2007 have the potential to impact a relatively placid reinsurance marketplace:
Security Life Reinsurance will produce business through reinsurance sales from their new and existing customers.
The insurance policy will protect a portfolio of Aspen's reinsurance contracts against the risk of default because of a reinsurer's inability to pay.
The directive will introduce a single reinsurance protocol across the European Union.
Hartz, III, senior vice president-CIGNA Reinsurance, will manage the business, which wrote US$100 million in personal and occupational accident reinsurance premium for insurers in 85 countries in 1993.
Lemaire will direct the development of new business opportunities and client relationship management, and will also work with industry associations and regulators on reinsurance related issues.
While the reinsurance community has come to refer to this type of vehicle as a "sidecar," Blue Ocean Re sees itself as a more traditional style of company specializing in property retrocession.
Underwriters Reinsurance provides reinsurance to property and casualty insurers and reinsurers.