reinsure in a sentence
v. t.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
REINSURE (verb): To transfer a portion of risk from one insurance company to another to minimize potential losses.
Crossword clues for reinsure
Crossword clue ideas and answer hints for the word "reinsure".
- Provide backup coverage for an insurance policy.
- Transfer risk to another insurer for protection.
- Safeguard against losses by sharing risk.
- Insurer protects itself by passing on risk.
- Secure additional coverage from another company.
Reinsure sentence examples
- The company decided to reinsure a portion of its risk to avoid substantial losses.
- After evaluating the market, they chose to reinsure their high-value properties with a trusted provider.
- To ensure stability in uncertain times, many insurers opt to reinsure their policies.
- Reinsuring their liabilities allowed the firm to expand its operations with greater confidence.
- The insurer will reinsure its portfolio to protect against unexpected claims and fluctuations.