reinsurance Definition and Meaning in English (reinsurance definition)
nounSynonyms:risk transferrisk sharing
Quick Answer • Definition
Reinsurance definition: Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other insurers to reduce the likelihood of paying a large obligation resulting from an insured event.
Definitions of Reinsurance
- 1noun(formal)
Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other insurers to reduce the likelihood of paying a large obligation resulting from an insured event.
Example Sentences
Synonyms
risk transferrisk sharing
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past participlereinsured
present participlereinsuring
Frequently Asked Questions: Reinsurance in English
What is the meaning of Reinsurance in English?▼
Reinsurance definition: Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other insurers to reduce the likelihood of paying a large obligation resulting from an insured event.
How do you translate 'Reinsurance' to English?▼
'Reinsurance' translates to 'reinsurance' in English. Reinsurance definition: Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other insurers to reduce the likelihood of paying a large obligation resulting from an insured event.
How do you pronounce 'Reinsurance' and 'reinsurance'?▼
Listen to clear English audio pronunciation of 'Reinsurance' and native English audio speech for 'reinsurance' with bilingual sentence examples on DictBridge.
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