Definitions for "Reinsured"
The term for an insurer that has transferred all or part of its underwritten risk to a third party by purchasing reinsurance; also known as a Cedant.
An insurer that has ceded a portion of its risks to a reinsurer. Also, that portion of a risk that has been ceded to a reinsurer.
The insurer which CEDEs all or part of the insurance or REINSURANCE risk it has written to another insurer/REINSURER. Also CEDING COMPANY, CEDENT, CEDING INSURER and PRIMARY INSURER.