reinsurance
noun/ˌriːɪnˈʃʊərəns/, /ˌriːɪnˈʃɔːrəns/
/ˌriːɪnˈʃʊrəns/
[uncountable] (finance)- the practice of one insurance company buying insurance from another company against any losses that result from claims that are made against it
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reinsurance