Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps

Verb: reinsure  ,ree-in'shûr [N. Amer], ,ree-in'shor or ,ree-in'shûr [Brit]
  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

Derived forms: reinsures, reinsured, reinsuring

Type of: cover, insure, underwrite

Encyclopedia: Reinsure