reinsure

Verb
US[ree-in-shoor]/ˌriɪnˈʃʊr/3 syllables

Open English WordNet

Verb (3)

  1. provide additional insurance forMore general insure
  2. insure again by transferring to another insurance company all or a part of a liability assumedMore general insure
  3. insure again by assuming all or a part of the liability of an insurance company already covering a riskMore general cover, insure
Word of the day · Nov 15About this word

a state or condition markedly different from the norm

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Webster's Dictionary (1913)

Re′in·sure′ (-sh?r′), transitive verb

1. To insure again after a former insurance 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 insurer may cause the property insured to be reinsured by other persons.— Robert Walsh

Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54

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