reinsurance
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re·in·sur·ance

noun \ˌrē-ən-ˈshr-ən(t)s also (ˌ)rē-ˈin-ˌ\

Definition of REINSURANCE

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

First Known Use of REINSURANCE

1755

Rhymes with REINSURANCE

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