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 ]
n. One who gives reinsurance. [ 1913 Webster ]