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say it: ree-in-SHUUR-uhns
reinsurance is a noun meaning "sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured". It is pronounced /ˌɹiɪnˈʃʊɹəns/ — ree-in-SHUUR-uhns. It carries one recorded sense.
sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
“reinsurance enables a client to get coverage that would be too great for any one company to assume”
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for reinsurance come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.