Reinsurance

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This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

Wiktionary, Creative Commons Attribution/Share-Alike License
  • n. Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized.
  • the GNU version of the Collaborative International Dictionary of English
  • n. Insurance a second time or again; renewed insurance.
  • n. A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
  • The Century Dictionary and Cyclopedia
  • n. A renewed or second insurance.
  • n. A contract by which the first insurer relieves himself from the risks he had undertaken, and devolves them upon other insurers, called reinsurers. Also called reassurance.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • 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
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    insurance   
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