re-insure \re-insure\ v. 1. to provide additional insurance for. Syn: reinsure. [WordNet 1.5] 2. to insure again by transferring to another insurance company all or a part of a liability assumed. Syn: reinsure. [WordNet 1.5]
Reinsure \Re`in*sure"\ (-sh?r"), v. t. 1. To insure again after a former insurance has ceased; to renew insurance on. [1913 Webster] 2. To insure, as life or property, in favor of one who has taken an insurance risk upon it. [1913 Webster] The insurer may cause the property insured to be reinsured by other persons. --Walsh. [1913 Webster]