"Reinsurance firms" refer to companies that provide insurance to other insurance companies. These firms help insurance companies manage their risks by sharing part of their policy liabilities. Full definition
CNN reported that because of claims from Harvey and Irma, German reinsurance firm Munich Re is facing a quarterly loss and will miss its annual profit target. (vox.com)
The UK's other alarmist newspaper, The Independent, repeated a claim from alarmist reinsurance firm, Munich Re, that 2010 had been an ««exceptional year» for weather disasters». (climate-resistance.org)
[10] Insurance and reinsurance firms within the scope of Solvency II, the Society of Lloyd's and managing agents. (globalinvestigationsreview.com)