reinsurance

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]

Etymology

[edit]

From re- +‎ insurance.

Noun

[edit]

reinsurance (countable and uncountable, plural reinsurances)

  1. (business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized.

Derived terms

[edit]

Translations

[edit]