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
• This year, amid a spring and summer of extreme weather, hail — not hurricanes, floods or tornadoes — has caused the highest damage costs in the U.S., according to Gallagher Re, a global reinsurance firm that tracks such data.
  — Evan Bush, NBC News, 2 Sep. 2024
• To spread that risk, insurance companies will together get reinsurance policies that help pay major claims.
  — Alan Neuhauser, Axios, 6 Sep. 2024

Last Updated: 21 Nov 2024