| Pronunciation: | | r`ee`insh'ûruns
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 WordNet Dictionary |
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| | Definition: | |
[n] 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; "reinsurance enables a client to get coverage that would be too great for any one company to assume" |
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REINSURANCE is a 11 letter word that starts with R. |
| | See Also: | | coverage, insurance |
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| Webster's 1913 Dictionary |
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| | Definition: | | \Re`in*sur"ance\ (-sh?r"ans), n.
1. Insurance a second time or again; renewed insurance.
2. A contract by which an insurer is insured wholly or in
part against the risk he has incurred in insuring somebody
else. See {Reassurance}.
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