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See Ceding Company.
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An insurance company buying reinsurance cover
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A ceding insurer or ceding reinsurer. A ceding insurer is an insurer that underwrites and issues an original, primary policy to an insured and contractually transfers (cedes) a portion of the risk to a reinsurer. A ceding reinsurer is a reinsurer which transfers (cedes) a portion of the underlying reinsurance to a retrocessionnaire.
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A ceding insurer or reinsurer. Ceding means to contractually transfer a portion of a risk or risks to a reinsurer.
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Since shares of risks are ceded under proportional treaties, the reinsured is often referred to as the "cedant", the "cedent" or the "ceding company".
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