/ˌriːɪnˈʃʊərəns/ – Noun
Definition: việc tái bảo hiểm.
A more throughout explanation: Reinsurance is a process by which an insurance company transfers a portion of its risk to another insurance company, known as the reinsurer, in exchange for a premium. This allows the primary insurer to protect itself against large or catastrophic losses by sharing the risk with other insurers.
Example: The insurance company entered into a reinsurance agreement to transfer a portion of its risk to another insurer.