reinsurance

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Etymology[edit]

re- +‎ insurance

Noun[edit]

reinsurance ‎(plural reinsurances)

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

Translations[edit]