Can a person reciprocate to an insult said by others?

Allah has spoken in Surah Al-Mukminun verse 96-98:

" إدفع بالتي هي أحسن السيئة, نحن أعلم بما يصفون, وقل رب أعوذبك من همزات الشياطين, وأعوذبك رب أن يحضرون"

Which means: "Repel evil done to you in the best way, We Know best of what they say. And say: "O my Lord! I seek refuge in You from the whisperings of the devils, and I seek refuge with Thee, O my Lord, that the devils will not come near me"

And also in Surah Fussilat, verses 34-35:

" ولا تستوي الحسنة ولا السيئة, إدفع بالتي هي أحسن فإذا الذي بينك وبينه عداوة كأنه ولي حميم"

It means: "And the good deed and evil deed are not equal. Repel (evil that is aimed at you) in a better way; when you do so then the one who had enmity towards you, will immediately become as a close friend. "

From the Qur'anic verses and Hadiths mentioned above, it is clear that Muslims should educate themselves to be a man of high moral virtues and noble. We have to be patient and not to reciprocate an insult with an insult. It is encouraged that we ignore those insults and not to let them cause a negative effect to ourself as that will only give them the satisfaction of insulting us.