reinsurance

English

Etymology

re- +‎ insurance

Noun

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.

Translations

insurance purchased by insurance companies

• Bulgarian: презастраховане n (prezastrahovane)
• Finnish: jälleenvakuutus (fi)
• (deprecated template usage) {{trans-mid}}
• Swedish: återförsäkring (sv) c