What is the meaning of Reinsurance?

  • (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.
  • (n.) Insurance a second time or again; renewed insurance.
Webster's Revised Unabridged Dictionary
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APAWebster's. (2011). reinsurance. Retrieved September 28, 2026, from http://smartdefine.org/reinsurance/definitions/2054101
ChicagoWebster's. 2011. "reinsurance" http://smartdefine.org/reinsurance/definitions/2054101 (accessed September 28, 2026).
HarvardWebster's 2011, reinsurance, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/reinsurance/definitions/2054101>.
MLAWebster's. "reinsurance" 27 May 2011. Web. 28 September 2026. <http://smartdefine.org/reinsurance/definitions/2054101>
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