🇰🇷Korean Source WordCode: KO

재보험사

Pronunciation / Transliteration: jae-boheomsa

🇬🇧 Direct English Meaning:
Reinsurer/ˌriːɪnˈsɜːrər/
nounCEFR C1 (Advanced)Top #15000 frequency
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🇰🇷 Example Sentence in Korean:

"재보험사는 주요 보험사의 손실을 보완하는 데 도움을 주었습니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A company that provides insurance to other insurance companies, helping them manage risk.

    "The reinsurer stepped in to cover the losses incurred by the primary insurer after the natural disaster."
  2. 2

    An entity that assumes part of the risk of an insurance policy from another insurer.

    "By transferring some of their risk to a reinsurer, the insurance company was able to stabilize its financial position."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'reinsurer' is derived from the prefix 're-' meaning 'again' and 'insurer', which comes from the Latin 'securare', meaning 'to make safe'. The word has evolved in the insurance industry to refer to companies that provide insurance to other insurance companies, a practice that became more formalized in the 19th century.

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