Definify.com

Webster 1913 Edition


Reinsure

Reˊin-sure′

(-sh?r′)
,
Verb.
T.
1.
To insure again after a former insurance has ceased; to renew insurance on.
2.
To insure, as life or property, in favor of one who has taken an insurance risk upon it.
The insurer may cause the property insured to be
reinsured
by other persons.
Walsh.

Webster 1828 Edition


Reinsure

REINSU'RE

,
Verb.
T.
[re and insure.] To insure the same property a second time by other underwriters.
The insurer may cause the property insured to be reinsured by other persons.

Definition 2024


reinsure

reinsure

English

Verb

reinsure (third-person singular simple present reinsures, present participle reinsuring, simple past and past participle reinsured)

  1. To insure again (extending or replacing prior insurance.)
  2. To place insurance on the contract that insures something (allowing the insurer to offset risk in the same way the insuree did).