Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.
REINSURANCE
reinsurance
(noun) sharing the risk by insurance companies; part or all of the insurer’s risk is assumed by other companies in return for part of the premium paid by the insured; “reinsurance enables a client to get coverage that would be too great for any one company to assume”
Source: WordNet® 3.1
Etymology
Noun
reinsurance (countable and uncountable, plural reinsurances)
(business, insurance) Insurance purchased by insurance companies that spreads the risk associated with selling insurance around so the danger of one large monetary loss is minimized.
Source: Wiktionary
Re`in*sur"ance (-shr"ans), n.
1. Insurance a second time or again; renewed insurance.
2. A contract by which an insurer is insured wholly or in part against the risk he has incurred in insuring somebody else. See Reassurance.
Source: Webster’s Unabridged Dictionary 1913 Edition
Word of the Day
19 November 2024
SALTWORT
(noun) bushy plant of Old World salt marshes and sea beaches having prickly leaves; burned to produce a crude soda ash
Coffee Trivia