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Definitions of reinsure:

verb:   provide additional insurance for
verb:   insure again by assuming all or a part of the liability of an insurance company already covering a risk
verb:   insure again by transferring to another insurance company all or a part of a liability assumed

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Alternative Terms
insurance reinsurance retrocessionaire automatic-reinsurance assume assumption over-line retrocession-investment drop-down finite-risk-reinsurance greenlight-capital-re-ltd portfolio-reinsurance facultative loss-portfolio-transfer-reinsurance net-premiums-written

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