About The Word Reinsurance
Learn about the word Reinsurance to help solve your crossword puzzle. Discover Reinsurance definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Reinsurance
Reinsurance Definition And Meaning |
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What's The Definition Of Reinsurance?
[n] 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"
Synonyms | Synonyms for Reinsurance: Related Terms | Find terms related to Reinsurance: See Also | coverage | insurance Reinsurance In Webster's Dictionary \Re`in*sur"ance\ (-sh?r"ans), n.
1. Insurance a second time or again; renewed insurance.
2. A contract by which an insurer is insured wholly or in
part against the risk he has incurred in insuring somebody
else. See {Reassurance}.
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