reinsurance
/ˌɹi.ɪnˈʃʊɹ.əns/noun
University
1
Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized. Such insurance and catastrophe bonds are backstops to insurer insolvency from unexpectedly large losses.
Sound Patterns & Rhymes
Alliteration
Words starting with the same consonant sound — used in poetry and prose to create rhythm, emphasis, and memorable phrasing (e.g. “Peter Piper picked”)
Assonance
Words sharing similar vowel sounds regardless of starting letter — creates internal melody in writing