verb (used with object), re·in·sured, re·in·sur·ing.
- to insure again.
- Insurance. to insure under a contract by which a first insurer is relieved of part or all of the risk, which devolves upon another insurer.
verb (tr)
- to insure again
- (of an insurer) to obtain partial or complete insurance coverage from another insurer for (a risk on which a policy has already been issued)