Word:

Re-insurance

RE-INSURANCE, mar. contr. An insurance made by a former insurer, his executors, administrators, or assigns, to protect himself and his estate from a risk to which they were liable by the first insurance.
     2. It differs from a double insurance (q.v.) in this, that in the latter cases, the insured makes two insurances on the same risk and the same interest.
     3. The insurer on a re-insurance is answerable only to the party whom he has insured, and not to the original insured, who can have no remedy against him in case of loss, even though the original insurer become insolvent, because there is no privity of contract between them and the original insured. 3 Kent, Com. 227; Park. on Ins. c. 15, p. 276; Marsh. Ins. B. 1, c. 4, s. 4

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re-enter
re-entrant
Re-entry
re-equip
re-establishment
Re-examination
re-examine
Re-exchange
re-experiencing
re-explain
re-explore
Re-ferment
Re-form
Re-formation
re-formed
re-incorporate
-- Re-insurance --
re-introduce
re-introduction
Re-let
Re-mark
Re-present
Re-presentation
Re-reiterate
Re-resolve
Re-search
re-sentencing
Re-sign
Re-sound
Re-store
Re-turn
re-uptake
RE/TM
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