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Coinsurer
UK
/kəʊɪnˈʊərə/
US
/koʊɪnˈʊrɚ/
Translation of "coinsurer" into Russian
coinsurer
Noun
UK
/kəʊɪnˈʊərə/
US
/koʊɪnˈʊrɚ/
coinsurer
coinsurers pl
состраховщик
The coinsurer agreed to cover 50% of the claim.
Состраховщик согласился покрыть 50% от суммы иска.
Definitions
coinsurer
Noun
UK
/kəʊɪnˈʊərə/
US
/koʊɪnˈʊrɚ/
A person or entity that shares the risk and responsibility of providing insurance coverage with one or more other insurers.
In the event of a large claim, each coinsurer is responsible for paying a portion of the total amount.
coinsurer
Adjective
UK
/kəʊɪnˈʊərə/
US
/koʊɪnˈʊrɚ/
Designating or relating to an arrangement in which two or more insurers jointly cover the same risk.
The policy includes a coinsurer endorsement detailing each company's obligations.