reinsure
verb as in strong fondness
Word Combinations
Example:Some reinsurers prefer to trade on reinsurance exchanges rather than directly through traditional marketplaces.
Definition:A market where reinsurers exchange primary and/or excess insurance policies.
From reinsurance exchange
Example:The reinsure agreement should clearly specify the limits, conditions, and payments structure.
Definition:A contract outlining the terms of the reinsurance between the ceding insurer and the assuming reinsurer.
From reinsure agreement
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