reinsurance
re·insur·ance
reinsurance · reinsurances
перестраховка, перестрахование
Rückversicherung
Insurance purchased by insurance companies that spreads the risk associated with…Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses.
US/ˌɹi.ɪnˈʃʊɹ.əns/
Meaning
1 senses(countable, uncountable)Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses.
Rückversicherung
перестрахо́вкаperestraxóvka, перестрахова́ниеperestraxovánije
More definitions
- 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
Translations
7 languagesРусский
By meaning 1
insurance purchased by insurance companies:
Deutsch
By meaning 1
insurance purchased by insurance companies:
Forms
plural: reinsurances| Singular | reinsurance |
|---|---|
| Plural | reinsurances |
regular
Word family
1 related wordsRelatedreinsure
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable