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reinsurance
,riɪn'ʃʊrʌns
Synonyms of reinsurance
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Definitions of
reinsurance
noun
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
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"reinsurance enables a client to get coverage that would be too great for any one company to assume"
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type of:
insurance
Synonyms & Similar Words
insurance
reinsure
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