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reinsure |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Reinsure \Re`in*sure"\ (-sh?r"), v. t. 1. To insure again after a former insuranse has ceased; to renew insurance on 2. To insure, as life or property, in favor of one who has taken an insurance risk upon it The innsurer may cause the property insured to be reinsured by other persons. --Walsh. From WordNet r 1.6 [wn]: reinsure v 1: provide additional insurance for 2: insure again by transferring to another insurance company all or a part of a liability assumed 3: insure again by assuming all or a part of the liability of an insurance company already covering a risk
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