sesyon

listen to the pronunciation of sesyon
Турецкий язык - Английский Язык
(Kanun) cession
The transfer of a personal claim from a cedent to a cessionary
That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another

The reinsurance company accepted a 25% cession from the direct insurer.

{n} a giving way, yielding up, resignation
Amount of the insurance ceded to a reinsurer by the original insuring company in a reinsurance operation
{i} concession, capitulation, yielding of territory or property
The giving up or vacating a benefice by accepting another without a proper dispensation
The voluntary surrender of a person's effects to his creditors to avoid imprisonment
This is a customer's policy that is ceded to the bank Standard Bank would hold the cession, while Charter or Liberty Life would retain the policy document
The unit of insurance passed to the reinsurer by the ceding company The unity (cession) may accordingly be the whole or a portion of: a) single risks; b) defined type or class of policies; or c) defined divisions of a policy as agreed
A yielding to physical force
In insurance, the act of yielding property or right under a reinsurance agreement An amount ceded as reinsurance (See also: reinsurance )
(1) In reinsurance, the act of ceding (2) In reinsurance, a parcel or unit of insurance that a company cedes to a reinsurer
A yielding, or surrender, as of property or rights, to another person; the act of ceding
the act of giving up land, property, or rights, especially to another country after a war, or something that is given up in this way cede (cessio, from cedere; CEDE)
Concession; compliance
The amount of insurance risk transferred to the reinsurer by the ceding company
(From Latin cessio from cessare: "to yield ") The transfer of territory from one state to another by treaty
act of ceding (surrendering) to another, as in: The treaty included cession of all captured territories
the act of ceding
sesyon
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