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re-insurers

 

Definitions from the Web

Re-insurers

Definition:

Re-insurers, also known as reinsurers, are companies or individuals that provide insurance coverage to primary insurers. They absorb part of the risk from the primary insurer in exchange for a premium. Re-insurers help primary insurers manage their exposure to large or catastrophic losses.

Sense 1: Noun (Plural)

Re-insurers are entities that offer reinsurance services to primary insurers.

Example Sentence: Many primary insurers turn to re-insurers to share the risk and limit their potential losses in case of natural disasters.

Sense 2: Noun (Plural)

Re-insurers refer to individuals or organizations engaged in the business of reinsurance.

Example Sentence: Several re-insurers attended the annual insurance conference to discuss the latest trends and challenges in the industry.

Sense 3: Adjective (Related)

Re-insurers or reinsurers describe anything pertaining to or resembling reinsurance.

Example Sentence: The re-insurers market has experienced significant growth in recent years due to increasing demand for risk management solutions.

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