Reinsure

Word REINSURE
Character 8
Hyphenation re in sure
Pronunciations N/A

Definitions and meanings of "Reinsure"

What do we mean by reinsure?

To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. transitive verb

To insure again: insure a second time and take the risks, so as to relieve another or other insurers. Also reassure.

To insure again after a former insuranse has ceased; to renew insurance on. transitive verb

To insure, as life or property, in favor of one who has taken an insurance risk upon it. transitive verb

To insure again (extending or replacing prior insurance.) verb

To place insurance on the contract that insures something (allowing the insurer to offset risk in the same way the insuree did). verb

Insure again by transferring to another insurance company all or a part of a liability assumed verb

Insure again by assuming all or a part of the liability of an insurance company already covering a risk verb

Provide additional insurance for verb

To insure again (extending or replacing prior insurance).

To place insurance on the contract that insures something (allowing the insurer to offset risk in the same way the insuree did).

Synonyms and Antonyms for Reinsure

  • Synonyms for reinsure
  • Reinsure synonyms not found!!!
  • Antonyms for reinsure
  • Reinsure antonyms not found!

The word "reinsure" in example sentences

Data on the number of charities with distressed reserve funds are hard to come by, but insurance consultants report an increased number of groups seeking to "reinsure" their obligations with outside firms. ❋ Unknown (2009)

Do you "reinsure" annuity contracts with insurance companies? ❋ Unknown (2009)

The new law allows nonprofit organizations to "reinsure" charitable gift annuities in contrast to having to maintain a reserve fund, which in the past was the way gift annuities were "backed." ❋ Unknown (2010)

"And some of them may not even want to reinsure businesses in Australia and New Zealand," Mr. O'Halloran added. ❋ Rebecca Thurlow (2011)

In turn health insurers must be able to reinsure their catastrophic risk at an appropriate level in financially sound markets. ❋ Unknown (2009)

The U.S. government responded in 2002 by making the offer of terrorism coverage mandatory in most property-insurance contracts, and agreed to reinsure the risk. ❋ Hester Plumridge (2011)

The third would have the government "reinsure" some mortgage investments that are already guaranteed by private insurers. ❋ Unknown (2011)

And Lloyd's of London announced it would not insure or reinsure petroleum shipments going into Iran. ❋ John Pomfret (2010)

However, now government involvement would also morph into an explicit guarantee to reinsure private label mortgages. ❋ Michael Pento (2011)

Have the government take its task of social insurance seriously, and reinsure private insurers and HMOs: construct a 'premium rebate' pool to pay annual health-care bills over $50,000. ❋ Unknown (2009)

"The U.S. is an important market for Lloyd's and, in recognition of this, the market will not insure or reinsure refined petroleum going into Iran." ❋ Unknown (2010)

In recent weeks, IRISL, which was privatized four years ago and was specifically targeted by the sanctions, has approached several insurance companies to reinsure its fleet of ships, according to a representative of a Dutch maritime insurer who requested anonymity because of the sensitivity of the subject. ❋ Unknown (2010)

Cross Reference for Reinsure

  • Reinsure cross reference not found!

What does reinsure mean?

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