Reinsurance in a sentence
Synonym: backup.
Meaning: insurance purchased by an insurance company
(1) Many Lloyd's syndicates specialize in reinsurance.
(2) Reinsures offer reinsurance coverage to primary insurers.
(3) Reinsurers provide reinsurance contracts to insurance companies.
(4) Chubb is a leading provider of insurance and reinsurance services.
(5) Reinsurers assist insurers in managing their reinsurance programs.
(6) The practice of risk sharing is prevalent in the reinsurance industry.
(7) The reinsured insurer had a comprehensive reinsurance program in place.
(8) Insurance companies may also use reinsurance to help manage their risk.
(9) The insurance company sold a tranche of policies to a reinsurance firm.
(10) The reinsurer offers expertise in managing complex reinsurance programs.
Reinsurance sentence
(11) Insurance companies may use reinsurance to help manage their loss ratio.
(12) The cost of reinsurance can vary depending on the level of risk involved.
(13) The reinsurance company underwrites policies for other insurance companies.
(14) The reinsurer provides reinsurance coverage for property and casualty risks.
(15) A reinsurance agreement can transfer risk from the insurer to the reinsurer.
(16) Reinsures offer reinsurance solutions for a wide range of insurance products.
(17) Reinsurance contracts typically involve complex calculations and negotiations.
(18) The broker submitted the bordereaux to the reinsurer for reinsurance coverage.
(19) The reinsurer offers specialized reinsurance products for specific industries.
(20) The captive reinsurance company underwrites reinsurance for its parent company.
Reinsurance make sentence
(21) Reinsurance can be a valuable tool for managing the volatility of insurance claims.
(22) Reinsures offer specialized reinsurance products tailored to the needs of insurers.
(23) Actuarial upon evaluations were conducted to assess the company's reinsurance needs.
(24) The reinsurance company agreed to underwrite through the primary insurer's policies.
(25) The insurance company is exposed to counterparty risk in its reinsurance agreements.
(26) Reinsurance can help insurance companies expand into new markets or lines of business.
(27) The risk management plan includes a strategy to transfer risk to a reinsurance company.
(28) Reinsurance is when an insurance company transfers some of its risk to another company.
(29) Reinsurance can help insurance companies manage their capital and solvency requirements.
(30) The reinsurer helps insurance companies optimize their reinsurance purchasing decisions.
Sentence of reinsurance
(31) The actuarial concerning the reinsurance agreement was reviewed by the underwriting team.
(32) Reinsurance allows insurance companies to transfer a portion of their risk to other parties.
(33) Reinsurance can be purchased on a per-risk basis or as part of a broader portfolio of risks.
(34) Many insurance companies rely on reinsurance to manage their exposure to catastrophic events.
(35) Reinsurance can be a cost-effective way for insurance companies to manage their risk exposure.
(36) Insurance companies use reinsurance to hedge against downside exposure in catastrophic events.
(37) A reinsurance contract is a way to transfer risk from the insurance company to another insurer.
(38) Reinsurance can help insurance companies meet their obligations to policyholders and regulators.
(39) Reinsurance can provide stability to insurance markets by spreading risk across multiple parties.
(40) A reinsurance contract can help you transfer risk from potential insurance losses to the reinsurer.
Reinsurance meaningful sentence
(41) The reinsurance company will underwrite to protect the primary insurer from any catastrophic losses.
(42) Reinsurance can provide financial support to insurance companies in the event of a major catastrophe.
(43) Reinsurance can provide financial stability to insurance companies during periods of high claims activity.
(44) Reinsurance is a type of insurance that insurance companies use to protect themselves against large losses.
(45) The reinsurance company was reluctant to underwrite out of risk policies for natural disasters prone areas.
(46) Reinsurance can help insurance companies maintain their financial strength and meet regulatory requirements.
(47) Reinsurance can be a critical component of a comprehensive risk management strategy for insurance companies.
(48) Reinsurance can help insurance companies recover from major losses and continue to operate without disruption.
(49) The reinsurance company agreed to underwrite up to a limit of $20 million for the catastrophic event coverage.
(50) Reinsurance can help insurance companies navigate through periods of economic uncertainty or market volatility.
Reinsurance sentence examples
(51) Reinsurance can help insurance companies maintain competitive pricing by reducing their exposure to large losses.
(52) Kaiser Wilhelm's refusal to renew the Reinsurance Treaty with Russia strained relations between the two countries.
(53) The reinsurance industry plays a crucial role in spreading risk and ensuring the stability of the insurance market.
(54) Reinsurance can be a valuable tool for insurance companies to manage their underwriting capacity and appetite for risk.
(55) Reinsurance can be an important factor in determining the financial strength and creditworthiness of insurance companies.
(56) Reinsurance can be an important factor in determining the financial strength and creditworthiness of an insurance company.
(57) Sharing risk through reinsurance allows insurance companies to protect themselves against catastrophic events and large claims.
(58) Reinsurance can provide protection against unexpected or catastrophic events that could otherwise bankrupt an insurance company.
Reinsurance meaning
Reinsurance is a term commonly used in the insurance industry, referring to the practice of one insurance company transferring a portion of its risk to another insurance company. It acts as a form of risk management, allowing insurance companies to protect themselves against large or catastrophic losses. If you are looking to incorporate the word "reinsurance" into your sentences, here are some tips to help you do so effectively:
1. Define the term: When introducing the word "reinsurance" in a sentence, it is essential to provide a clear definition to ensure your readers understand its meaning.
For example, "Reinsurance, the process of one insurance company transferring a portion of its risk to another, plays a crucial role in the stability of the insurance industry."
2. Use it in context: To demonstrate your understanding of the concept, use "reinsurance" in a sentence that showcases its practical application. For instance, "After experiencing a significant loss due to a natural disaster, the insurance company sought reinsurance to mitigate the financial impact."
3. Explain its benefits: Elaborate on the advantages of reinsurance to highlight its importance.
For example, "Reinsurance allows insurance companies to spread their risk across multiple entities, ensuring they can handle large claims without jeopardizing their financial stability."
4. Discuss different types: There are various types of reinsurance, such as proportional and non-proportional. Incorporate these distinctions into your sentences to showcase your knowledge. For instance, "The insurance company opted for proportional reinsurance, where they shared a percentage of the risk with another insurer, ensuring a balanced distribution of potential losses."
5. Highlight its role in risk management: Emphasize how reinsurance acts as a risk management tool for insurance companies.
For example, "By engaging in reinsurance agreements, insurance companies can protect themselves against unexpected or catastrophic events, reducing their exposure to potential financial ruin."
6. Mention its global significance: Reinsurance is a vital component of the global insurance market. Discuss its impact on a broader scale to demonstrate its significance. For instance, "Reinsurance plays a crucial role in stabilizing the insurance industry worldwide, allowing insurers to underwrite policies with confidence and ensuring the availability of coverage for policyholders."
7. Provide real-life examples: Incorporate real-life scenarios where reinsurance has been utilized effectively. This helps to illustrate its practicality and relevance.
For example, "Following a series of devastating hurricanes, several insurance companies relied on their reinsurance agreements to cover the overwhelming number of claims, preventing their financial collapse."
8. Discuss its relationship with primary insurance: Explain how reinsurance interacts with primary insurance policies to provide a comprehensive understanding of the insurance ecosystem. For instance, "Reinsurance acts as a safety net for primary insurers, enabling them to offer coverage to policyholders while minimizing their exposure to excessive risk."
9. Address potential challenges: Acknowledge any challenges or limitations associated with reinsurance to present a balanced perspective.
For example, "While reinsurance provides significant benefits, it can also be costly for insurance companies, requiring careful evaluation of the potential risks and rewards."
10. Conclude with a summary: Summarize the key points discussed in your article to reinforce the importance of reinsurance and its role in the insurance industry. For instance, "
In conclusion, reinsurance is a fundamental practice that allows insurance companies to manage risk effectively, protect their financial stability, and ensure the availability of coverage for policyholders." By following these tips, you can effectively incorporate the word "reinsurance" into your sentences while providing a comprehensive understanding of its meaning, significance, and practical application in the insurance industry.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Reinsurance. They do not represent the opinions of TranslateEN.com.