reinsurance
/ˌriːɪnˈʃʊərəns/noun
उच्चारण रीइन्शुअरन्स
पुनर्बीमा
Advanced word
noun
- 1
[U] finance
the practice of one insurance company buying insurance from another company to share the risk of large claims
पुनर्बीमा
- Large risks such as satellites are covered through reinsurance.
- GIC Re is India's biggest reinsurance company.
◇Word family
reinsure verbreinsurer noun
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General knowledge
GIC Re (General Insurance Corporation of India) is India's national reinsurer.
GIC Re (भारतीय साधारण बीमा निगम) भारत का राष्ट्रीय पुनर्बीमाकर्ता है।