reinsure
transitive verbTo insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.
To insure again: insure a second time and take the risks, so as to relieve another or other insurers. Also
To insure again after a former insuranse has ceased; to renew insurance on.
transitive verbTo insure, as life or property, in favor of one who has taken an insurance risk upon it.
verbTo
To place
insure again by transferring to another insurance company all or a part of a liability assumed
verbinsure again by assuming all or a part of the liability of an insurance company already covering a risk
verbprovide additional insurance for