reinsurance
noun/riɪnˈʃʊrəns/
Frequency rank: #15,467 of 20,003 in the WORDED list (wordfreq data)
Meaning
insurance bought by an insurance company from another insurer to cover part of its risk.
Example sentence
The insurance company reduced its financial risk by purchasing reinsurance from a larger firm.
Synonyms & related words
More words in ranks 15,401–15,500
- presumptiveBased on reasonable assumption rather than certain proof; giving grounds for belief.
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- racyslightly shocking or indecent; lively and vigorous in style.
- raucousMaking or constituting a disturbingly harsh and loud noise; rowdy.
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- resolutelyin a determined and unwavering manner
- respectabilitythe quality of being regarded as proper, decent, and socially acceptable.
- retrospectivelylooking back on or dealing with past events or situations.
- roleplayto act out a character or scenario, often for practice or entertainment.