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reinsurer

Pronunciation: [riːɪnˈsɜːrər]

Word

Learn how to use reinsurer in a sentence: 3 audio examples across 1 meaning.

Context: “insurance”

(noun) a company that provides insurance to other insurance companies. This means they help those companies by taking on some of the risks. It’s like helping a friend who is nervous about lending a toy by promising to take care of it.

Example

The reinsurer helped the smaller insurance company feel secure about their policies.

Example

Without a reinsurer, the insurance company felt overwhelmed by the risks.

Example

What role does a reinsurer play in the insurance industry?

How to pronounce reinsurer

Pronunciation: [riːɪnˈsɜːrər]

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