To insure again after a former insuranse has ceased; to renew insurance on.
To insure, as life or property, in favor of one who has taken an insurance risk upon it.
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.
provide additional insurance for
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
To transfer the risk of potential loss from one insurer to another insurer.