What is another word for reinsure?
Pronunciation: [ɹˌiːɪnʃˈʊ͡ə] (IPA) 
Reinsure is a term used in the insurance industry to refer to a situation where an insurer who has already insured a risk transfers part or all of the liability to another insurer. Synonyms for reinsure include reinsurance, cede, transfer of risk, transfer of liability, and sharing of risk. In practice, reinsuring is often done when the insurer wants to reduce its exposure to potential losses or is unable to cover the entire amount of the policy. By transferring part of the risk to another insurer, the primary insurer can free up capital and reduce the amount of liability it has to bear.
