reinsurance

== English == === Etymology === From re- + insurance. === Pronunciation === (General American) IPA(key): /ˌɹi.ɪnˈʃʊɹ.əns/, /ˌɹi.ɪnˈʃɝ.əns/ Hyphenation: re‧insur‧ance === Noun === reinsurance (countable and uncountable, plural reinsurances) (business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses. ==== Derived terms ==== Re ==== Translations ====