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reinsurance

[ree-in-shoo r-uh ns, -shur-] /ˌri ɪnˈʃʊər əns, -ˈʃɜr-/
noun
1.
the process or business of reinsuring.
Origin
1745-1755
1745-55; re- + insurance
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for reinsurance
  • Only once the private insurers have gone belly up would federal reinsurance kick in.
  • The reinsurance price index adjusts for changes in relative prices.

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