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reinsure

 - 3 dictionary results

re⋅in⋅sure

[ree-in-shoor, -shur]
–verb (used with object), -sured, -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. 2009.
Cite This Source Link To reinsure
re·in·sure   (rē'ĭn-shŏŏr')   
tr.v.   re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.
re'in·sur'ance n., re'in·sur'er n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: re·in·sure
Pronunciation: "rE-&n-'shur
Function: transitive verb
: to insure again : transfer or assume (liability) through reinsurance reinsure part of their exposure —Railroad I. Mehr>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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