reinsure Meaning, Definition & Usage
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verb provide additional insurance for
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verb insure again by transferring to another insurance company all or a part of a liability assumed
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verb insure again by assuming all or a part of the liability of an insurance company already covering a risk
WordNet
Re`in*sure" transitive verb
Definitions
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To insure again after a former insuranse has ceased; to renew insurance on. -
To insure, as life or property, in favor of one who has taken an inssurance risk upon it. The innsurer may cause the property insured to be reinsured by other persons. Walsh.
