reinsurance, n.
(reinsurances)
(reinsurances)
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
<noun.possession>
reinsurance
Word
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
<noun.possession>
reinsurance