To transfer a portion of the underwritten risk an insurance company writes to a reinsurance company for a premium.
To pass on to another insurer (the reinsurer) all or part of the insurance written by an insurer (the ceding insurer) with the object of reducing the possible liability of the latter.
To transfer to a REINSURER all or part of a risk undertaken by an insurer.
The transfer of a portion or all of the risk written by an insurance company (ceding company) to another insurance company (assuming ompany) by the use of reinsurance.
give up one's rights to or possession of; transfer possession of.
To transfer the risk of potential loss to another insurer.
To cede is to transfer part or all of a risk to another company (reinsurer). A fee is charged for the service of accepting that risk.
To transfer a risk exposure under a reinsurance contract.
To transfer all or part of a risk written by an insurer (the ceding, or primary company) to a reinsurer.
When a company reinsures its liability with another, it cedes business.
To obtain reinsurance on insurance policies by transferring all or part of the risk to a reinsurer.
To transfer to a reinsurer all or part of the insurance or reinsurance risk written by a ceding company.
To transfer risk from a direct insurer to his reinsurer.
Refers to the transfer of risk from an Insurer to a reinsurance company (Reinsurer).
To transfer an insurance risk from the Company originally issuing the policy to another insurance company known as the reinsurer.
To transfer all or part of the written risk to an insurer or to a reinsurer
To reinsure the liabilities associated with insurance policies by passing a portion of the risk exposure and the related premium to a reinsurer.
An insurer cedes part of a risk to a reinsurer when it transfers or reinsures part of the risk.
The transfer of all or part of a risk written by an insurer to a reinsurer.