REINSURANCE


Meaning of REINSURANCE in English

n.

Pronunciation: ˌ r ē - ə n- ' shu ̇ r- ə n(t)s also ( ˌ )r ē - ' in- ˌ

Function: noun

Date: 1755

: insurance by another insurer of all or a part of a risk previously assumed by an insurance company

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.