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
The Department of Insurance is finally implementing its Sustainable Insurance Strategy, allowing insurance companies to use forward looking risk models and include the cost of reinsurance (a standard form of risk reduction).
—
Patrick Wolff, Oc Register, 16 Sep. 2025
Meanwhile, not only are homeowners increasingly being dropped by private insurers, but Louisiana Citizens needed a nearly 90% premium increase in 2023 as its cost for reinsurance surged.
—Andrea Riquier, USA Today, 29 Aug. 2025
Insurers are leaving California; 85% of California’s reinsurance market has vanished, the January report from FCMAT found.
—Kristen Taketa, Mercury News, 18 Aug. 2025
Insurers are leaving California; 85% of California’s reinsurance market has vanished, the January report from FCMAT found.
—Kristen Taketa, San Diego Union-Tribune, 17 Aug. 2025
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Patrick Wolff, Oc Register, 16 Sep. 2025
Meanwhile, not only are homeowners increasingly being dropped by private insurers, but Louisiana Citizens needed a nearly 90% premium increase in 2023 as its cost for reinsurance surged.
—Andrea Riquier, USA Today, 29 Aug. 2025
Insurers are leaving California; 85% of California’s reinsurance market has vanished, the January report from FCMAT found.
—Kristen Taketa, Mercury News, 18 Aug. 2025
Insurers are leaving California; 85% of California’s reinsurance market has vanished, the January report from FCMAT found.
—Kristen Taketa, San Diego Union-Tribune, 17 Aug. 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 21 Sep. 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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