Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun reinsurance

1 sense of reinsurance

Sense 1
reinsurance -- (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")
       => insurance -- (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)