REINSURANCE


Meaning of REINSURANCE in English

/ ˌriːɪnˈʃʊərəns; -ˈʃɔːr-; NAmE -ˈʃʊr-/ noun

[ U ] ( finance ) the practice of one insurance company buying insurance from another company against any losses that result from claims that are made against it

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.