reinsurance

noun

re·​in·​sur·​ance ˌrē-ən-ˈshu̇r-ən(t)s How to pronounce reinsurance (audio)
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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The July 1 Reinsurance Reset July 1 is one of four dates a year when large blocks of reinsurance renew, the mid-year round weighted toward American business. Dara-Abasi Ita, Forbes.com, 29 June 2026 The risk pool cannot calculate member rates until reinsurance costs become clear. Daniel Lempres, Sacbee.com, 29 May 2026 Insurance and reinsurance are part of that system. Jim Williamson, Fortune, 26 May 2026 If the state is going to modernize the system by allowing forward-looking catastrophe models and the net cost of reinsurance into rates, then insurers need to hold up their end of the bargain and write more policies in high-risk areas. Tim Hay, Mercury News, 22 May 2026 See All Example Sentences for reinsurance

Word History

First Known Use

1705, in the meaning defined above

Time Traveler
The first known use of reinsurance was in 1705

Cite this Entry

“Reinsurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reinsurance. Accessed 7 Jul. 2026.

Legal Definition

reinsurance

noun
re·​in·​sur·​ance ˌrē-ən-ˈshu̇r-əns, -ˈin-ˌshu̇r- How to pronounce reinsurance (audio)
: 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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