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reinsure

[ US /ˌɹiɪnˈʃʊɹ/ ]
[ UK /ɹˌiːɪnʃˈɔː/ ]
VERB
  1. provide additional insurance for
  2. insure again by assuming all or a part of the liability of an insurance company already covering a risk
  3. insure again by transferring to another insurance company all or a part of a liability assumed

How To Use reinsure In A Sentence

  • Insurers and reinsurers had never considered terrorism when pricing their premiums.
  • The third would have the government "reinsure" some mortgage investments that are already guaranteed by private insurers. Geithner wants housing finance overhaul bill in 2 years
  • Insurance companies are also slugging it out with their reinsurers (report, page 40). Times, Sunday Times
  • Other times it is simply an economic view of an industry or product where we insure or reinsure risks.
  • Such a term will protect the reinsurer against the risk that no underwriting judgment is made at all in relation to any particular policy.
  • Insurers and reinsurers across the Continent may face claims as high as $3 billion, and that could mean higher premiums for both corporate and personal policyholders next year.
  • The Reinsurers received almost two thirds of the whole premium for reinsuring only part of the risk.
  • Property insurance and business interruption insurance have been the hardest hit, but employer liability insurance is also increasing as insurers are finding it harder to reinsure certain risks.
  • The risks were widely reinsured across of pool of insurers.
  • It is difficult to see how such cover can work at all if a fronting company alone is the reinsured.
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