re·in·sure 
(rē′ĭn-shr)
(rē′ĭn-shr)tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.
re′in·surance n.
re′in·surer n.