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reinsure::verb | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | cover, insure, underwrite |
reinsure::verb | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | insure |
| Derivation | reinsurance |
reinsure::verb | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | insure |
Examples of reinsure
reinsure
The simplest way is to reinsure the risk with an insurance company.
From the economist.com
Harel said the unit, National Indemnity Co., will reinsure about 20 percent of its total business.
From the omaha.com
Onshore reinsurance companies may also incorporate an offshore subsidiary to reinsure catastrophic risks.
From the en.wikipedia.org
Warren Buffett kicked things off last week when he offered to reinsure $800 million in municipal bond portfolios.
From the forbes.com
Swiss Re also said Berkshire agreed to reinsure Swiss Re's property and casualty reserves to cover up $4.3 billion in losses.
From the omaha.com
However, the insurance company may have evidence that the renewal was in fact sent, so make sure you didn't just forget to reinsure.
From the smh.com.au
Swiss Re also said Berkshire agreed to reinsure Swiss Re's property and casualty reserves to cover up to 5 billion Swiss francs in losses.
From the omaha.com
Warren Buffett disclosed that he had offered to reinsure the municipal-bond portfolios of three troubled bond insurers to the tune of $800 billion.
From the economist.com
State Farm had warned Wallach that it would carry out the agreement only if other insurers agreed to reinsure 34% of GEICO's policies by June 30.
From the time.com
- Provide additional insurance for
- Insure again by transferring to another insurance company all or a part of a liability assumed
- (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; "reinsurance enables a client to get coverage that would be too great for any one company to assume"
- (Reinsured) an insurer who effects and is entitled to be indemnified under a contract of reinsurance.
- (Reinsurance) To transfer in whole or in part, a risk or contingent liability already covered under an existing contract from one insurer (the ceding company) to another (the re-insurer).
- (Reinsurance) The transfer of part of the insurance risk to another insurer or insurers--self-funded plans generally buy specific and/or aggregate stop-loss coverage to cover losses in excess of certain limits (also known as excess loss coverage). (See Attachment Point)
- (Reinsurance) Insurance coverage taken out by a health plan or self-funded employer to provide protection from losses resulting from claims greater than a specific dollar amount per member per year or for total plan expenditures per year. ...
- (Reinsurance) A type of protection purchased by HMOs from insurance companies specializing in underwriting specific risks for a stipulated premium. This becomes a cost of ding business for HMOs. ...
- (Reinsurance) A contract which one insurer makes with another to protect the first insurer, wholly or partially, against loss or liability by reason of a risk under a separate and distinct contract as insurer of a third party. ...
