reinsurance

noun

re·​in·​sur·​ance ˌrē-ən-ˈshu̇r-ən(t)s 

ˌrē-ən-ˈshər-

also (ˌ)rē-ˈin-ˌshu̇r-, 

(ˌ)rē-ˈin-ˌshə̇r-

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

Examples of reinsurance in a Sentence

Recent Examples on the Web

Caligaris said Ledgebrook is getting outreach from private equity firms and hedge funds interested in providing reinsurance on a collateralized basis, drawn by returns that don’t move with markets. — Nick Lichtenberg, Fortune, 7 Oct. 2026

The fast-expanding carrier, four years old but operating in at least 30 states, is heavily dependent on the price-volatile international reinsurance market, according to the Kroll Bond Rating Agency. — Paige St. John, Los Angeles Times, 20 Sep. 2026

Commercial insurance pricing reflects carrier results, reinsurance costs, litigation trends, catastrophe losses and the performance of entire industries. — Randy Sadler, Forbes.com, 15 Sep. 2026

Talanx German insurer Talanx 's lean cost base and 6 billion euros of resilience reserves can help sustain earnings growth, even as pricing softens in its reinsurance and corporate-specialty units, according to Goldman. — Hugh Leask, CNBC, 2 Sep. 2026

Word History

First Known Use

1705, in the meaning defined above

Rhymes for reinsurance

• assurance
• insurance
• durance
• reassurance

Legal Definition

reinsurance

noun

re·​in·​sur·​ance ˌrē-ən-ˈshu̇r-əns, -ˈin-ˌshu̇r- 

: insurance or indemnification by a second insurer of all or part of a risk assumed by another insurer as contracted for by the first insurer see also cede compare direct insurance, retrocession sense 3