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reinsure

1 ENTRIES FOUND:
reinsure /ˌriːjənˈʃɚ/ verb
reinsures; reinsured; reinsuring
reinsure
/ˌriːjənˈʃɚ/
verb
reinsures; reinsured; reinsuring
Learner's definition of REINSURE
[+ object]
: to insure (something) again so that the insurance is shared by more than one company分保;再保险

— reinsurance

/ˌriːjənˈʃɚrəns/ noun [noncount]

— reinsurer

/ˌriːjənˈʃɚrɚ/ noun, plural reinsurers [count]

reinsure

verb

re·​in·​sure ˌrē-ən-ˈshu̇r How to pronounce reinsure (audio)
ˌrē-ən-ˈshər
reinsured; reinsuring; reinsures

transitive verb

1
: to insure again by transferring to another insurance company all or a part of a liability assumed
2
: to insure again by assuming all or a part of the liability of an insurance company already covering a risk

intransitive verb

: to provide increased insurance
reinsurer noun

Example Sentences

Recent Examples on the Web That year, Argentina received the largest loan in IMF history—to reinsure payment of existing debt. Rohan Montgomery, The New Republic, 26 June 2022 Say, the PoolRe risk pool had three captives, A, B, and C, which respectively reinsure 50%, 30%, and 20% of the total stop-loss risk, because A's insureds pay 50% of the premiums to PoolRe for the stop-loss coverage, B's pay 30%, and C's pay 20%. Jay Adkisson, Forbes, 13 May 2022 German insurer Allianz SE said its U.S. life insurer had reached an agreement to reinsure liabilities of $35 billion, in one of the largest transactions of its kind. Julie Steinberg, WSJ, 3 Dec. 2021 MassMutual would reinsure 80% of American Equity’s existing business to Athene and retain the remaining 20%, according to the letter. Leslie Scism, WSJ, 1 Oct. 2020 Unlike in Europe, where governments have stepped in to reinsure transactions, the U.S. hasn’t supported the market. Julie Steinberg And Joe Wallace, WSJ, 22 Sep. 2020 All of the 20 or so who underwrite and reinsure K&R have syndicates in Lloyd’s, a marketplace for insurance in London, says Ms Shortland. The Economist, 26 May 2018 Gold was not there any more to reinsure, to protect and to preserve the international balance. Jack Heuer, A-LIST, 30 Mar. 2018 Lloyd’s was given permission to reinsure all the business done on the Continent back to London—a move some other European regulators deemed too risky. Julia-ambra Verlaine, WSJ, 6 July 2017 See More

Word History

First Known Use

1702, in the meaning defined at transitive sense 1

Time Traveler
The first known use of reinsure was in 1702

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