v. To insure again (extending or replacing prior insurance.)
v. To place insurance on the contract that insures something (allowing the insurer to offset risk in the same way the insuree did).
the GNU version of the Collaborative International Dictionary of English
v. To insure again after a former insuranse has ceased; to renew insurance on.
v. To insure, as life or property, in favor of one who has taken an insurance risk upon it.
The Century Dictionary and Cyclopedia
To insure again: insure a second time and take the risks, so as to relieve another or other insurers. Also reassure.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
v. insure again by transferring to another insurance company all or a part of a liability assumed
v. insure again by assuming all or a part of the liability of an insurance company already covering a risk
v. provide additional insurance for
Word Usage
"Data on the number of charities with distressed reserve funds are hard to come by, but insurance consultants report an increased number of groups seeking to "reinsure" their obligations with outside firms."