A reinsurer that assumes risks transferred from another reinsurer. See also reinsurer, reinsurance, and retrocession. TO TOP
The reinsurer of a reinsurer.
The term applies to a reinsurer that has accepted a retrocession. (See also: retrocession.)
A REINSURER of a RETROCESSIONAL REINSURANCE.
A reinsurer that contractually accepts from another reinsurer a portion of the ceding company's underlying reinsurance risk. The transfer is known as a retrocession.