reinsures in English
verb
1
(of an insurer) transfer (all or part of a risk) to another insurer to provide protection against the risk of the first insurance.
It is not for nothing that the laws of the land prescribe a minimal portion of the insurance business to be compulsorily reinsured with another insurer/reinsurer.
Use "reinsures" in a sentence
Below are sample sentences containing the word "reinsures" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "reinsures", or refer to the context using the word "reinsures" in the English Dictionary.
1. Big utilities reinsures to hedge against hurricanes or tornadoes or flooding, some sort of catastrophe.