Definition of reinsurance

Scrabble & Words with friends points


  • reinsurance is a valid Scrabble US word with a point value of 13
  • reinsurance is a valid Scrabble UK word with a point value of 13
  • reinsurance is a valid Words with friends word with a point value of 17

Definition of reinsurance


  • sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured (noun)

    Examples

    1. reinsurance enables a client to get coverage that would be too great for any one company to assume

See definition of reinsurance in Merriam Webster