Skip to content
Vinony

reinsure

verb

  1. to mitigate risks to an insurancy company by buying secondary insurance upon policies
L1529771 on Wikidata ↗

Wiktionary

verb

Etymology: Etymology tree Proto-Italic *wre- Latin re-der. Old French re-bor. Middle English re- English re- English insure English reinsure From re- + insure.

  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).