Recent Examples of reinsurance from the Web
Swiss Re is a $33 billion global reinsurance business
This has helped keep reinsurance and primary insurance rates low for the past several years.
Alaska has also been one of the edge cases necessitating the kind of expanded national reinsurance program desired by Kasich’s group.
Iowa has a plan to stabilize its Obamacare marketplaces by transferring insurance subsidies away from low-income people and toward the middle class, while also setting up a reinsurance program to limit insurers’ losses.
Such reinsurance systems are used in other marketplaces such as the Medicare Part D prescription drug program and are seen as critical to controlling premiums.
This time around, Democrats believe their nominees, tech entrepreneur Kevin Madden and medical reinsurance executive Brian Zidek, have a shot at ending that streak.
Kim Kwang-jin, a defector who worked in Singapore for a bank affiliated with North Korea, says his firm met its quota by running reinsurance scams on factory fires, transportation accidents and other disasters.
Still, private flood insurance remains a tiny part of the market (though last year the NFIP did, for the first time, take out private reinsurance on some of its risks).
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reinsurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of reinsurance
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