What is the meaning of Reinsurance?

Reinsurance is the spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk.

Barry Goldsmith
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APABarry Goldsmith. (2010). reinsurance. Retrieved September 29, 2026, from http://smartdefine.org/reinsurance/definitions/1162128
ChicagoBarry Goldsmith. 2010. "reinsurance" http://smartdefine.org/reinsurance/definitions/1162128 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, reinsurance, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/reinsurance/definitions/1162128>.
MLABarry Goldsmith. "reinsurance" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/reinsurance/definitions/1162128>
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