retrocession

listen to the pronunciation of retrocession
Английский Язык - Турецкий язык
(Tıp,Sigorta) retrosesyon
iade
gerileme
geri çekilme
retrocessivegeri verme kabilinden
{i} geri verme
{i} geriye gitme
geri dönme
Английский Язык - Английский Язык
The return of land, etc. that was previously ceded
The transfer of risk from one reinsurer to another
{n} the act of going or ceding back
A process by which a reinsurer obtains reinsurance from another company
The reinsurance of reinsurance, e g a company reinsures a risk that it has accepted from another insurer
Process by which a reinsurer obtains reinsurance from another company
A reinsurance of reinsurance Example: Company “B” has accepted reinsurance from Company “A”, and then obtains for itself, on such business assumed, reinsurance from Company “C” This secondary reinsurance is called a Retrocession The transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed
{i} withdrawal, act of going back, recession; act of giving back, act of returning, act of ceding again (esp. territory)
The state of being retroceded, or granted back
In insurance, the act of a reinsuring company that has accepted a particular risk in ceding the risk to still another company A cession of reinsurance by a reinsurer to another reinsurer
A reinsurance transaction whereby a reinsurer (the retrocedant) cedes all or part of the reinsurance risk it has assumed to another reinsurer (the retrocessionaire)
The act of retroceding
Metastasis of an eruption or a tumor from the surface to the interior of the body
A reinsurance of reinsurance Example: Company B has accepted reinsurance from Company A, and then obtains for itself, on such business assumed, reinsurance from Company "C" This secondary reinsurance is called a Retrocession The transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed
retrocession
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