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Reinsurance   Listen
noun
Reinsurance  n.  
1.
Insurance a second time or again; renewed insurance.
2.
A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.






Collaborative International Dictionary of English 0.48








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"Reinsurance" Quotes from Famous Books



... their views as to certain measures of policy. There was a difference of opinion as to German policy regarding Russia. Friendship with that country had been the policy of both Emperor William I and Bismarck, and the latter had effected a reinsurance treaty with Russia, stipulating for Russian neutrality in case of a war between Germany and France, notwithstanding the subsistence of the Triple Alliance between Germany, Austria, and Italy. The reinsurance treaty, which had been made for a period of three years, ...
— William of Germany • Stanley Shaw



Words linked to "Reinsurance" :   reinsure, insurance



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