reinsurance
noun
re·in·sur·ance
ˌrē-ən-ˈshu̇r-ən(t)s 
ˌrē-ən-ˈshər-,
also (ˌ)rē-ˈin-ˌshu̇r-,
(ˌ)rē-ˈin-ˌshə̇r-
: insurance by another insurer of all or a part of a risk previously assumed by an insurance company
Examples of reinsurance in a Sentence
Recent Examples on the Web
Munich Re, the global reinsurance giant backing many American property insurers, depends on it, and Swiss Re, a second reinsurance powerhouse, also routinely cites NOAA in its reports.
—
Abrahm Lustgarten, ProPublica, 24 Apr. 2025
The company expects claims expenditure linked to the event to total 1.2 billion euros for property-casualty reinsurance and global specialty insurance.
—Chloe Taylor,holly Ellyatt, CNBC, 26 Feb. 2025
Bhullar cited an individual life reinsurance transaction with primary insurer Equitable Holdings as a key driver of earnings per share projections becoming more rational.
—Alex Harring, CNBC, 2 Apr. 2025
When reinsurance costs jumped, so did the cost of primary insurance.
—Gordon G. Chang, Newsweek, 3 Mar. 2025
See All Example Sentences for reinsurance
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Abrahm Lustgarten, ProPublica, 24 Apr. 2025
The company expects claims expenditure linked to the event to total 1.2 billion euros for property-casualty reinsurance and global specialty insurance.
—Chloe Taylor,holly Ellyatt, CNBC, 26 Feb. 2025
Bhullar cited an individual life reinsurance transaction with primary insurer Equitable Holdings as a key driver of earnings per share projections becoming more rational.
—Alex Harring, CNBC, 2 Apr. 2025
When reinsurance costs jumped, so did the cost of primary insurance.
—Gordon G. Chang, Newsweek, 3 Mar. 2025
See All Example Sentences for reinsurance
Cite this Entry
“Reinsurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reinsurance. Accessed 3 May. 2025.
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reinsurance
noun
re·in·sur·ance
ˌrē-ən-ˈshu̇r-əns, -ˈin-ˌshu̇r-
: insurance or indemnification by a second insurer of all or part of a risk assumed by another insurer as contracted for by the first insurer see also cede compare direct insurance, retrocession sense 3
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