reinsurance
noun
re·in·sur·ance
ˌrē-ən-ˈshu̇r-ən(t)s 
ˌrē-ən-ˈshər-,
also (ˌ)rē-ˈin-ˌshu̇r-,
(ˌ)rē-ˈin-ˌshə̇r-
: insurance by another insurer of all or a part of a risk previously assumed by an insurance company
Examples of reinsurance in a Sentence
Recent Examples on the Web
The entity has issued a contract of insurance to an insured or a contract of reinsurance to an intermediary of an insured; and
3.
—
Jay Adkisson, Forbes, 18 Jan. 2025
The state is trying to stave off a reinsurance crisis by allowing insurers to incorporate more risk probability and reinsurance prices into their rates, as of last year.
—Zoë Schlanger, The Atlantic, 18 Jan. 2025
In turn, the rules also allow firms to account for the costs of reinsurance — insurance for insurers — in their rate determinations.
—Sharon Udasin, The Hill, 16 Jan. 2025
The filing also details the company's reinsurance arrangements, including a new 27% quota share treaty for personal lines and changes to excess of loss and catastrophe reinsurance treaties.
—Quartz Bot, Quartz, 14 Nov. 2024
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Jay Adkisson, Forbes, 18 Jan. 2025
The state is trying to stave off a reinsurance crisis by allowing insurers to incorporate more risk probability and reinsurance prices into their rates, as of last year.
—Zoë Schlanger, The Atlantic, 18 Jan. 2025
In turn, the rules also allow firms to account for the costs of reinsurance — insurance for insurers — in their rate determinations.
—Sharon Udasin, The Hill, 16 Jan. 2025
The filing also details the company's reinsurance arrangements, including a new 27% quota share treaty for personal lines and changes to excess of loss and catastrophe reinsurance treaties.
—Quartz Bot, Quartz, 14 Nov. 2024
See all Example Sentences for reinsurance
Dictionary Entries Near reinsurance
Cite this Entry
“Reinsurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reinsurance. Accessed 3 Feb. 2025.
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reinsurance
noun
re·in·sur·ance
ˌrē-ən-ˈshu̇r-əns, -ˈin-ˌshu̇r-
: insurance or indemnification by a second insurer of all or part of a risk assumed by another insurer as contracted for by the first insurer see also cede compare direct insurance, retrocession sense 3
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