Definition of Reinsurance
Reinsurance
Insurance a second time or again; renewed insurance.
A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
Related Definitions:
Again,
Against,
An,
By,
Contract,
Else,
He,
Has,
In,
Incurred,
Insurance,
Insured,
Insurer,
Insuring,
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Or,
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Reassurance,
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See,
Somebody,
The,
Time,
Which,
Wholly
Reinsurance Translations
reinsurance in French is contre assurance
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