reinsure

[ree-in-shoo r, -shur]
verb (used with object), re·in·sured, re·in·sur·ing.
  1. to insure again.
  2. 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. 2018

Examples from the Web for reinsure

Historical Examples of 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.


British Dictionary definitions for reinsure

reinsure

verb (tr)
  1. to insure again
  2. (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