to re-insure

Dictionary of American Words And Phrases by John Russell Bartlett.

To insure the same property a second time by other underwriters.--Webster.


It is common with underwriters or insurance companies, when they find they have too large a sum insured on one ship, or in a particular district, to re-insure a part elsewhere.

The insurer may cause the property insured to be re-insured by other persons.--Walsh, French Com. Code.

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