reinsure

verb

re·in·sure ˌrē-ən-ˈshu̇r

ˌrē-ən-ˈshər

reinsured; reinsuring; reinsures

transitive verb

: to insure again by transferring to another insurance company all or a part of a liability assumed

: 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 Another thing: Is there a way to reinsure some of these costs? —

Jenna Carlesso, Hartford Courant, 11 Oct. 2022 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 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'reinsure.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.