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.

REINSURED - The insurer who purchases reinsurances from another insurer (referred to as the REINSURER). The term CEDING COMPANY is also sometimes used although this term is not really appropriate for EXCESS OF LOSS reinsurances