- reinsurer
- reinsurer re‧in‧sur‧er [ˌriːɪnˈʆʊərə ǁ -ˈʆʊrər] noun [countable]INSURANCE an insurance company that agrees to share a large insurance risk with another company and to pay part of any loss:
• Swiss RE, the world's largest reinsurer
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reinsure UK US (also re-insure) /ˌriːɪnˈʃɔːr/ verb [I or T] INSURANCE► if an insurance company reinsures, it buys insurance from other companies to protect itself against large demands from its customers: »The company doesn't like to reinsure catastrophe insurers, as natural disasters like storms are becoming increasingly unpredictable.
reinsurer noun [C]► »Many insurance companies are holding talks with their reinsurers over price increases.
Financial and business terms. 2012.