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

The California Public Employees' Retirement System, the largest US public pension, has signaled room to grow its holdings of reinsurance and catastrophe bonds, the specialist publication Artemis reported this month. — Dara-Abasi Ita, Forbes.com, 11 June 2026

The risk pool cannot calculate member rates until reinsurance costs become clear. — Daniel Lempres, Sacbee.com, 29 May 2026

Insurance and reinsurance are part of that system. — Jim Williamson, Fortune, 26 May 2026

One American Equity reinsurance transaction, approved both by Iowa and Vermont insurance commissioners, highlights the issue. — Gretchen Morgenson, NBC news, 20 May 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