reinsure 2
verbdomain: v speaking
Princeton WordNet [ver.3.1]
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EnglishDefinition
insure again by transferring to another insurance company all or a part of a liability assumed
Hypernym
insure 4
verb
take out insurance for
EnglishDerivationally related form
reinsurance 1
noun
sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured
