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
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Each insurer negotiates reinsurance buys separately and what each insurer pays only shows up on the premium side, and not the exposure side, of cost-per-$1,000 calculations.
—
Ron Hurtibise, Sun Sentinel, 15 June 2025
The company has estimated that the January wildfires will cost it a total of $7.6 billion, though reinsurance payments from its parent company would lower the losses to about $612 million.
—Giulia Carbonaro, MSNBC Newsweek, 13 June 2025
That study estimated that monthly premiums on the second-lowest-cost silver plans — the ones used to set subsidies — were about $100 lower in Colorado than in states that also have a reinsurance program, but don’t have a public option.
—Meg Wingerter, The Denver Post, 23 Jan. 2025
Not achieving it, though, could cost double that, according to global reinsurance company Swiss Re.
—Alan Ohnsman, Forbes.com, 2 June 2025
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Ron Hurtibise, Sun Sentinel, 15 June 2025
The company has estimated that the January wildfires will cost it a total of $7.6 billion, though reinsurance payments from its parent company would lower the losses to about $612 million.
—Giulia Carbonaro, MSNBC Newsweek, 13 June 2025
That study estimated that monthly premiums on the second-lowest-cost silver plans — the ones used to set subsidies — were about $100 lower in Colorado than in states that also have a reinsurance program, but don’t have a public option.
—Meg Wingerter, The Denver Post, 23 Jan. 2025
Not achieving it, though, could cost double that, according to global reinsurance company Swiss Re.
—Alan Ohnsman, Forbes.com, 2 June 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 19 Jun. 2025.
Copy CitationLegal Definition
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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