Reinsurer Definition

Reinsurer Sentence Examples

• The insurance company then gets the rest of the money from the reinsurer.

• Furthermore, reinsurance makes it easier for you to get insurance since it allows the insurance company to pass some of the risk on to a reinsurer.

• If the insured makes a claim on his life insurance policy, the insurance company then makes a claim with their reinsurer.

• The insuring company will use this to have a limit of how much they pay toward a claim before the money from the reinsurer kicks in.

• The original insurance company has likely purchased reinsurance so that after the first $100,000 of a claim, the reinsurer pays the rest.