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Definitions for "Reinsure"
Keywords:  insuranse, ceased, risk, assumed, liability
Related Terms: Reinsurance, Reinsurer, Cede, Ceding company, Primary insurer, Fronting, Self-insured retention, Reinsured, Cession, Cedant, Cover, Retention, Pool, Assumption reinsurance, Insurer, Facultative reinsurance, Joint underwriting association, Assigned risk, Proportional reinsurance, Retrocession, Jua, Underwriter, Assumption certificate, Insurer, Self insurance, Insuring clause, Retrocessionaire, Facultative, Quota share reinsurance, Other insurance, Retention limit, Excess of loss reinsurance, Automatic reinsurance, Umbrella coverage, Bordereau, Surplus lines, Umbrella liability policy, Nonadmitted insurer, Insurability, Assume, All-risks policy, Insurance company, Treaty reinsurance, Named perils policy, Self-insurance, Lloyds, Declination, Assured, Direct insurer, Insuring agreement
To insure again after a former insuranse has ceased; to renew insurance on.
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To insure, as life or property, in favor of one who has taken an insurance risk upon it.
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An insurer will try to spread the risk of certain large risks by seeking to reinsure, or share, the risk with other companies in exchange for part of the premium.
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