Reinsure

3 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  re-insure \re-insure\ v.
     1. to provide additional insurance for.
  
     Syn: reinsure.
          [WordNet 1.5]
  


     2. to insure again by transferring to another insurance
        company all or a part of a liability assumed.
  
     Syn: reinsure.
          [WordNet 1.5]

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Reinsure \Re`in*sure"\ (-sh?r"), v. t.
     1. To insure again after a former insurance has ceased; to
        renew insurance on.
        [1913 Webster]
  
     2. To insure, as life or property, in favor of one who has
        taken an insurance risk upon it.
        [1913 Webster]
  
              The insurer may cause the property insured to be
              reinsured by other persons.           --Walsh.
        [1913 Webster]

From WordNet (r) 2.0 [wn]:

  reinsure
       v 1: provide additional insurance for
       2: insure again by transferring to another insurance company
          all or a part of a liability assumed
       3: insure again by assuming all or a part of the liability of
          an insurance company already covering a risk