Reinsurance Meaning
There are 1 meaning(s) for word Reinsurance
Meaning 1 : 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
Example : reinsurance enables a client to get coverage that would be too great for any one company to assume
Example : reinsurance enables a client to get coverage that would be too great for any one company to assume
Similar words of Reinsurance :