reinsurance

This is not a dictionary! - Search for "reinsurance" in The Danish Dictionary

  • June 2. 2013 from wordnet.princeton.edu

    reinsurance noun english

    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"