BusinessJuly 9, 2026
reinsurance
/ˌriːɪnˈʃʊərəns/
Definition
A form of insurance purchased by an insurance company to protect itself against the risk of major losses by transferring a portion of that risk to another insurer.
Etymology
The word is formed from the prefix 're-', meaning again or anew, combined with 'insurance', which traces back to the Old French 'enseurer', meaning to make certain or secure.
In the news
The article mentions reinsurance in the context of the services provided by CAC, highlighting the firm's role in managing complex risk profiles for clients, including within international markets.
EnerCom Announces Liberty Energy as a Keynote Speaker at the 31st Annual EnerCom Denver- The Energy Investment Conference, August 17-19, 2026, in Denver, Colorado
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