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reinsure
(redirected from reinsurers)

   Also found in: Dictionary/thesaurus 0.03 sec.
See: attest, certify


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While some companies, such as Hartford Life, credit their traditional reinsurers with helping them bring new products to market, others, like Nationwide Financial, have devised their own hedging system in lieu of relying on reinsurance.
However, the magnitude will test the claims-paying ability of reinsurers who already have been weakened by prior losses and 10 years of soft-market price competition.
Moreover, the measure would require federally certified insurers and reinsurers to undergo an audit by an independent CPA "or other independent person who is qualified.
 
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