Definitions
from The Century Dictionary.
- noun A renewed or second insurance.
- noun A contract by which the first insurer relieves himself from the risks he had undertaken, and devolves them upon other insurers, called
reinsurers . Also calledreassurance .
from the GNU version of the Collaborative International Dictionary of English.
- noun Insurance a second time or again; renewed insurance.
- noun A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See
Reassurance .
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun business, finance
Insurance purchased byinsurance companies that spreads therisk associated with selling insurance around so thedanger of one largemonetary loss isminimized .
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun 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
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Indeed, I do not know that such reinsurance is not already available in private markets and just needs to be prodded a bit.
Health Insurance Idea, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Shares in German reinsurance giant Munich Re rose 1.6%.
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"We are pleased with the composition of our existing reinsurance portfolio, despite a nominal loss in the quarter and we continue to execute our strategy to develop long term reinsurance relationships," said Bart Hedges, Chief Executive Officer of Greenlight Re.
unknown title 2011
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To ensure that reinsurance is coded accurately on all losses reserved and paid.
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To ensure that reinsurance is coded accurately on all losses reserved and paid.
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To ensure that reinsurance is coded accurately on all losses reserved and paid.
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Geeslin thought one justification-rising costs of "reinsurance" - would look particularly bad if Texans knew about it.
Home - The Texas Observer Saul Elbein 2010
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Cordys Transitions Professional Services Branch to CSC Download image Latin American reinsurance operation and ...
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Cordys Transitions Professional Services Branch to CSC Download image Latin American reinsurance operation and ...
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Sidecars tend to focus on insuring the risks of other insurers, a market known as reinsurance.
Rising Catastrophe Insurance Premiums Lure Investors Mario Christodoulou 2011
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