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
Eager to collect as many premiums as possible, the syndicate bought a reinsurance policy that covered substantial losses.
—
Dan Piepenbring, Harpers Magazine, 16 July 2025
Insurance companies will also be able to pass along reinsurance costs to customers, which California previously didn't allow, which the state hopes will persuade companies to take on new customers in high-risk areas.
—Victoria Moorwood, The Enquirer, 2 July 2025
The insurer has estimated the fires will cost it $7.6 billion but said reinsurance payments largely from its parent will lower its losses to about $612 million.
—Laurence Darmiento, Los Angeles Times, 12 June 2025
Colorado faces a double hit because of its reinsurance program, Insurance Commissioner Michael Conway said.
—Nick Coltrain, Denver Post, 11 June 2025
See All Example Sentences for reinsurance
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Dan Piepenbring, Harpers Magazine, 16 July 2025
Insurance companies will also be able to pass along reinsurance costs to customers, which California previously didn't allow, which the state hopes will persuade companies to take on new customers in high-risk areas.
—Victoria Moorwood, The Enquirer, 2 July 2025
The insurer has estimated the fires will cost it $7.6 billion but said reinsurance payments largely from its parent will lower its losses to about $612 million.
—Laurence Darmiento, Los Angeles Times, 12 June 2025
Colorado faces a double hit because of its reinsurance program, Insurance Commissioner Michael Conway said.
—Nick Coltrain, Denver Post, 11 June 2025
See All Example Sentences for reinsurance
Cite this Entry
“Reinsurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reinsurance. Accessed 1 Aug. 2025.
Copy CitationLegal 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
Love words? Need even more definitions?
Merriam-Webster unabridged
Share