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Reinsurance
/rˌiɪnʃˈʊrəns/
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Reinsurance
noun
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.
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Etymology of 'Reinsurance'
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Words linked to "Reinsurance" :
reinsure
,
insurance
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