• reinsurance is a term to describe the practice of [insurance] companies re-insuring themselves against a risk so as to spread the possible effect of a large claim between more companies and therefore [lessen] its impact -the expression reinsurance shmeinsurance was first used (by myself) to describe the lack of interest i felt when i spent a [whole days] training on the subject....


    Reinsurance shmeinsurance meaning & definition 1 of Reinsurance shmeinsurance.

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