The DICT Development Group
3 definitions found
for reinsure
From The Collaborative International Dictionary of English v.0.48 :
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 The Collaborative International Dictionary of English v.0.48 :
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 WordNet (r) 3.0 (2006) :
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
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