Definition of "reinsuring" []

• Present participle of reinsure. (verb)

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• "It got another $300 million of coverage through a bond called Muteki after reinsuring Zenkyoren, a Japanese agricultural cooperatives insurer, in May 2008."
• "Munich Re transferred $260 million of risk in October 2007 through a bond called Midori, after reinsuring the East Japan Railway Company for earthquakes in the Greater Tokyo area."
• "Step two: Even as they are paying down their debt, executives plan to move some of Genworth's life-insurance obligations off the books by either selling blocks of business or reinsuring them with other companies starting in the second half of 2011."