One of the mysteries of the English language finally explained.
- ‘Insurance companies will spread their losses through their reinsurance contracts.’
- ‘To be eligible for government reinsurance, businesses would have to offer affordable coverage to all of their workers.’
- ‘Losses above $1 million also are covered by a separate reinsurance policy that they buy.’
- ‘Insurance companies say the principal reason for the dramatic increases is the spiralling burden of reinsurance on all the major insurers.’
- ‘Following a slow start to the year, recruitment levels in the insurance, assurance and reinsurance industries have picked up significantly this month.’
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