Reinsurer

{
  "id": "MLC-T-INS-002862",
  "term": "Reinsurer",
  "field": "Insurance and risk management",
  "definition": "A company that provides insurance to other insurance companies, assuming a portion of their risks in exchange for a share of the original premiums. This practice allows primary insurers to reduce their exposure to large losses, stabilize their financial results, and increase their underwriting capacity. Reinsurers operate globally, often specializing in particular lines of business or geographic regions.",
  "url": "https://mlchart.com/terminology/insurance/reinsurer/"
}