reinsure

Verb (transitive)

re=in=sure

CIDE DICTIONARY

reinsure, v. t.

To insure again after a former insuranse has ceased; to renew insurance on. [1913 Webster]
To insure, as life or property, in favor of one who has taken an insurance risk upon it. [1913 Webster]
"The innsurer may cause the property insured to be reinsured by other persons." [1913 Webster]

reinsure, v.tr. & intr. insure again (esp. of an insurer securing himself by transferring some or all of the risk to another insurer).

Derivative

reinsurance n. reinsurer n.

For further exploring for "reinsure" in Webster Dictionary Online

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