What is Reinsurance Shmeinsurance?
1.
reinsurance is a term to describe the practice of insurance companies re-insuring themselves against a risk so as to spread the possible effect of a large claim between more companies and therefore lessen its impact -the expression 'reinsurance shmeinsurance' was first used (by myself) to describe the lack of interest i felt when i spent a whole days training on the subject....
q: what did you think of todays training session?
a: aaaaah, reinsurance shmeinsurance!
See
Random Words:
1.
Derived from the term "German Helmet" referring to the shape of ones bell end
" aw damn, my herman gelmet is covered in ..
1.
n. the evil process of turning a female into a male. Only done by very evil beings.
After her defemation, we had to start calling Jane ..