Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
reinsure | No | No | Yes | No |
reinsurance | Yes | No | No | No |
reinsure (noun) | reinsurance (noun) |
---|---|
sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured |
reinsure (verb) | reinsurance (verb) |
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insure again by transferring to another insurance company all or a part of a liability assumed | |
insure again by assuming all or a part of the liability of an insurance company already covering a risk | |
provide additional insurance for |