reinsure

[ ree-in-shoo r, -shur ]
/ ˌri ɪnˈʃʊər, -ˈʃɜr /
|

verb (used with object), re·in·sured, re·in·sur·ing.

to insure again.
Insurance. to insure under a contract by which a first insurer is relieved of part or all of the risk, which devolves upon another insurer.

Origin of reinsure

First recorded in 1745–55; re- + insure
Related formsre·in·sur·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for reinsure

  • It has tried to undercut, has been badly hit by a long series of small fires, and it hasn't been able to reinsure.

    Howards End|E. M. Forster
  • There is a class of optimists ready to reinsure an “overdue” ship at a heavy premium.

    The Mirror of the Sea|Joseph Conrad

British Dictionary definitions for reinsure

reinsure

/ (ˌriːɪnˈʃʊə, -ʃɔː) /

verb (tr)

to insure again
(of an insurer) to obtain partial or complete insurance coverage from another insurer for (a risk on which a policy has already been issued)
Derived Formsreinsurance, nounreinsurer, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012