This is where an Insurer procures the whole or a part of the sum which he has insured (i.e., contracted to pay in case of loss, death, etc.) to be Insured again to him by another person. Sweet
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TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
This is where an Insurer procures the whole or a part of the sum which he has insured (i.e., contracted to pay in case of loss, death, etc.) to be Insured again to him by another person. Sweet