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

OTHER WORDS FROM reinsure

re·in·sur·er, noun

Example sentences 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 forms of reinsure

reinsurance, noun reinsurer, noun