reinsurance
/ˌriɪnˈʃʊrəns/
पुनर्बीमा
noun
1. reinsurance
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"
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