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reinsurances (0 synonym found)
We don't have any synonyms for reinsurances yet.
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reinsurance · reassurances · insurances · coinsurances · re-insurance · re insurance
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Definition of reinsurances:
(n) :
(business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses.
Definition of reinsurances:
(n) :
(business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses.
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