reinsurances

/R IY1 IH1 N SH UH1 R AH0 N S AH0 Z/
noun
  1. 1

    (business, insurance) 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.

Translate “reinsurances” into another language

Choose a language below to open the translator with English selected as the source language.

🇪🇸Spanish🇫🇷French🇩🇪German🇸🇦Arabic🇨🇳Chinese Simplified🇯🇵Japanese🇮🇳Hindi🇧🇷Portuguese🇷🇺Russian🇰🇷Korean🇮🇹Italian🇹🇷Turkish
See all 248+ languages
Back to Dictionary