How to Use reinsurance in a Sentence

reinsurance

noun

• The cost of that reinsurance has surged as climate change leads to more frequent and intense disasters around the world.
  — New York Times, 17 July 2021
• The most recent use of reinsurance merely put a Band-Aid on a problem that requires a tourniquet.
  — Dp Opinion, The Denver Post, 16 Oct. 2019
• The reinsurance industry has been caught up in storm after storm in recent years.
  — Telis Demos, WSJ, 12 Jan. 2023
• The Orca launch follows on the heels of a $10 million contract Climeworks inked last week with reinsurance giant Swiss Re.
  — Tim McDonnell, Quartz, 7 Sep. 2021
• If reinsurance is part of the agreement, the donor’s income tax deduction will be reduced by the premium amount.
  — Kristen Jaarda, Forbes, 14 Mar. 2022
• The reinsurance fund would pay a percentage of the spending between those two bookends, ranging from 45% for customers on the Front Range to 85% for those living in the western half of the state.
  — Meg Wingerter, The Denver Post, 15 Jan. 2020
• Storms and the increasing cost of reinsurance, which insurers buy to pay out storm claims, have also driven up rates.
  — Lawrence Mower, Orlando Sentinel, 9 Jan. 2024
• For the most part, the federal government has left it to states to craft their own reinsurance systems, but only seven states have done so.
  — Michael Hiltzik, Los Angeles Times, 9 Sep. 2022
• Second, Congress should create a reinsurance program that funds a portion of high-cost claims.
  — Josh Archambault, Forbes, 8 Nov. 2021
• In exchange for the right to impose that charge, the authority would essentially pay the state a premium and would not need to buy as much reinsurance.
  — J.d. Morris, San Francisco Chronicle, 22 Mar. 2021
• Third, the proposal creates a new reinsurance program to pay insurers for the expense of people with high-cost claims.
  — Brian Blase, Forbes, 10 Sep. 2021
• Many of the newcomers ramp up use of reinsurance upon taking over an insurer, Best said.
  — Leslie Scism, WSJ, 1 July 2021
• This bill extends the state’s reinsurance program for another five years and creates a new funding structure for it.
  — Saja Hindi, The Denver Post, 18 June 2020
• But our solution set is much broader than just reinsurance.
  — Jeff Thomson, Forbes, 5 Nov. 2021
• Late last week, reinsurance giant Swiss Re released its mid-year insurance losses and the figures were the second-highest on record.
  — BostonGlobe.com, 16 Aug. 2021
• Citizens took on a reinsurance role to help make sure claims get paid if insurers go insolvent.
  — Jim Saunders, Orlando Sentinel, 6 Sep. 2022
• The reinsurance market, though large, tends to be volatile, with prices spiking quickly just when insurers are least prepared to handle the increases.
  — Emily Flitter, New York Times, 14 July 2023
• Colorado has made great strides in health care, expanding options and lowering costs through reinsurance and plans for a public option.
  — Laura Packard, The Denver Post, 23 Dec. 2019
• That’s why cat bonds have emerged as an alternative form of insurance where a larger pool of investors, not just a few reinsurance companies, can absorb some of the risk.
  — Dylan Sloan, Fortune, 31 Jan. 2024
• Approvals take too long and don’t allow the plan to include the cost of reinsurance — which helps insurers absorb losses — or to factor in catastrophe risk models.
  — John Woolfolk, The Mercury News, 23 Mar. 2024
• The cost of reinsurance – policies that insurance companies need to carry to cover part of their risk – has also risen sharply in the state after 2020 saw the most Atlantic hurricanes on record.
  — Trevor Fraser, orlandosentinel.com, 25 May 2021
• The first arrangement was a straight reinsurance policy.
  — Jay Adkisson, Forbes, 13 May 2022
• One is its net cost of reinsurance, which is insurance that insurance companies buy that pays some of their claims after a big disaster.
  — Kathleen Pender, SFChronicle.com, 8 Aug. 2020
• The reinsurance program was approved by the federal government in July and lowered premiums on the state’s marketplace for the first time.
  — Saja Hindi, The Denver Post, 30 Dec. 2019
• So, the reinsurance program would be on top of the federal government’s covering 85 percent of the premium.
  — Brian Blase, National Review, 12 Oct. 2021
• As the costs for insurers to take out their own insurance (reinsurance) has skyrocketed, a number of smaller firms there have gone bankrupt.
  — Kate Aronoff, The New Republic, 30 May 2023
• The insurance company lays off some of its risk to Berkshire Hathaway or another company, which agrees to pay part of its claims over a certain amount—reinsurance.
  — Matt Schifrin, Forbes, 29 Nov. 2023
• When more natural disasters such as hurricanes happen, the price of reinsurance goes up.
  — Gray Rohrer, orlandosentinel.com, 2 Dec. 2020
• Lawmakers ensured that the state's reinsurance program will continue through at least 2022.
  — Stephen Montemayor, Star Tribune, 2 July 2021
• The culprits: climate change, rising costs to rebuild or make repairs and a sharp increase in the premiums from reinsurance companies that are used by insurers to limit their risks.
  — Chris Isidore, CNN, 19 June 2023

Last Updated: 28 May 2024