reinsurer in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
A reinsurer is a company that provides financial protection to primary insurers by assuming some of their risk, often in exchange for a premium.
Crossword clues for reinsurer
Crossword clue ideas and answer hints for the word "reinsurer".
- Company that shares risk with primary insurers.
- Provider of financial protection for insurers.
- Firm that takes on insurance risk from others.
- Business that helps insurers manage their risk.
- Entity that offers coverage to insurance companies.
Reinsurer sentence examples
- The reinsurer assessed the risk before agreeing to cover the primary insurer's policy.
- During a catastrophic event, the reinsurer provided essential financial support to stabilize the market.
- Many insurance companies rely on a reinsurer to help manage their exposure to large claims.
- The reinsurer's expertise in evaluating emerging risks has become invaluable to the industry.
- After reviewing the terms, the insurer decided to partner with a well-known reinsurer for additional security.