reinsurer

Definition of "reinsurer"
  1. A company that provides insurance coverage for another insurance company's risks or liabilities
How to use "reinsurer" in a sentence
  1. The reinsurer agreed to cover part of the massive claim resulting from the flood damage.
  2. In order to manage their risk, the insurance company decided to engage a reinsurer.
  3. The reinsurer had a robust financial standing, providing confidence to the primary insurance company.

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