Reinsure Meaning in Hindi

What is the translation of word Reinsure in Hindi?

Definition of word Reinsure

• (of an insurer) transfer (all or part of a risk) to another insurer to provide protection against the risk of the first insurance.

Other Meanings of Reinsure

• VERB

  बीमा करना insure reinsure ensure indemnify secure underwrite
  बीमा कराना reinsure underwrite insure ensure indemnify

Example Sentences

It is not for nothing that the laws of the land prescribe a minimal portion of the insurance business to be compulsorily reinsured with another insurer/reinsurer.