How to Use reinsurance in a Sentence
reinsurance
noun-
For all the gloom, the 2017 losses were also proof of the resilience of the reinsurance industry.
— The Economist, 11 Jan. 2018 -
If losses are less than $4 billion the reinsurance funds won’t even be touched.
— Paul J. Davies, WSJ, 17 Sep. 2018 -
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 program recently bought reinsurance for the first time.
— Christopher Flavelle, Bloomberg.com, 26 May 2017 -
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 -
High-risk pools and reinsurance programs at the state level address this concern and have been successful in the past.
— Cathy McMorris Rodgers, The Denver Post, 5 May 2017 -
With a reinsurance program, rates could be reduced by as much as 30 percent.
— Andrea K. McDaniels, baltimoresun.com, 18 May 2018 -
Still, private flood insurance remains a tiny part of the market (though last year the NFIP did, for the first time, take out private reinsurance on some of its risks).
— The Economist, 7 Sep. 2017 -
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 -
In its first year, the reinsurance pool has performed even better than expected.
— Michael Olive, The Christian Science Monitor, 10 Apr. 2018 -
The effects of the mounting risks are being felt by a lesser known, but crucial link in the chain that connects to homeowners: the reinsurance market.
— Judith Kohler, The Denver Post, 11 May 2024 -
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 -
In Oregon, rates are about 7 percent lower thanks to reinsurance, the committee was told.
— Scott Bauer, The Seattle Times, 12 Feb. 2018 -
The increase is a turnaround from the previous six years of reinsurance rate decreases.
— Ron Hurtibise, Sun-Sentinel.com, 4 June 2018 -
Second, Congress should create a reinsurance program that funds a portion of high-cost claims.
— Josh Archambault, Forbes, 8 Nov. 2021 -
The state has also introduced a reinsurance program to defray the cost of expensive claims.
— Bloomberg Opinion, Twin Cities, 20 Apr. 2024 -
Colorado is the ninth state to secure a federal waiver for a reinsurance program.
— Anna Staver, The Denver Post, 31 July 2019 -
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 -
This would essentially be a reinsurance plan similar to the temporary one the ACA had in its initial three years.
— Stephen Koff, cleveland.com, 31 Aug. 2017 -
Many of the newcomers ramp up use of reinsurance upon taking over an insurer, Best said.
— Leslie Scism, WSJ, 1 July 2021 -
Alaska, an expensive state for health care, received the OK last summer for reinsurance.
— Mark Daly, idahostatesman, 28 Mar. 2018 -
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 -
Another six states are taking steps to launch their own reinsurance programs.
— Michael Olive, The Christian Science Monitor, 10 Apr. 2018 -
To spread that risk, insurance companies will together get reinsurance policies that help pay major claims.
— Alan Neuhauser, Axios, 6 Sep. 2024 -
These plans typically expect monthly reinsurance, which means Medicare payments cover part of the costs of prescription drugs when the catastrophic threshold is reached.
— Shirleen Guerra | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 6 Oct. 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'reinsurance.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Last Updated: