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reinsurance

/ˌriɪnˈʃʊrəns/ /ˌriːɪnˈʃɔːrəns/
noun
GeneralBusiness
  1. 1 reasürans, yeniden sigortalama
  2. 2 bir sigorta şirketinin riskinin bir kısmını başka şirkete devrettiği sözleşme

Definition (English)

  1. Insurance bought by insurance companies to protect themselves against large losses.
  2. A contract where one insurance company transfers part of its risk to another company.

Example Sentences

  1. The company sought reinsurance for its earthquake policies.
    Şirket, deprem poliçeleri için reasürans aradı.
  2. Reinsurance is crucial for managing catastrophic risk.
    Reasürans, felaket riskini yönetmek için çok önemlidir.

Synonyms

retrocessioninsurance protectionrisk transfer

Collocations

reinsurance agreementreinsurance companyreinsurance marketreinsurance treatyreinsurance brokerreinsurance coverage

Related Words

insurancerisklossinsurance companypolicypremium