re·in·sure

[ree-in-shoor, -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:
1745–55; re- + insure

re·in·sur·er, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
reinsure (ˌriːɪnˈʃʊə, -ʃɔː) [Click for IPA pronunciation guide]
 
vb
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)
 
rein'surance
 
n
 
rein'surer
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Cite This Source
00:10
Reinsure is always a great word to know.
So is gobo. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
Example sentences
Most insurers thought it was plain daft to reinsure doctors' mutuals.
Where private credit insurance is available, the government would reinsure its
  risk.
It chose not to reinsure the aggregate basis policy.
Alternatively, the government might reinsure people.
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