Definition of Reinsurance

1. 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. "Reinsurance enables a client to get coverage that would be too great for any one company to assume"

Generic synonyms: Insurance
Derivative terms: Reinsure

Definition of Reinsurance

1. n. Insurance a second time or again; renewed insurance.

Definition of Reinsurance

1. insurance [n -S] - See also: insurance

Lexicographical Neighbors of Reinsurance

reinstallation
reinstallations
reinstalled
reinstalling
reinstalls
reinstate
reinstated
reinstatement
reinstatements
reinstates
reinstating
reinstitute
reinstituted
reinstitutes
reinstituting
reinsurance (current term)
reinsurances
reinsure
reinsured
reinsurer
reinsurers
reinsures
reinsuring
reintegrate
reintegrated
reintegrates
reintegrating
reintegration
reintegration
reintegrations

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