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

Recently, though, reinsurance prices have been falling, according to the ratings firm Moody's. —Michael Copley, NPR, 11 Mar. 2026

The Development Finance Corporation has unveiled a $20 billion reinsurance program to encourage wary shipowners to resume transit. —Phil Mattingly, CNN Money, 9 Mar. 2026

Instead, the broker believes the market is repricing to reflect the elevated risk profile and reinsurance constraints. —Justin Papp,pippa Stevens,dan Mangan,kevin Breuninger,lee Ying Shan,vinay Dwivedi, CNBC, 2 Mar. 2026

The new firm — which will be chaired by Sheikh Tahnoon — will consolidate financial services assets from across his holdings, including alternative asset manager Lunate, reinsurance startup RIQ, and digital lender Wio Bank. —Matthew Martin, semafor.com, 17 Feb. 2026

Word History

First Known Use

1705, in the meaning defined above

Rhymes for reinsurance

• reassurance
• assurance
• insurance
• durance

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