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retrocede

   Also found in: Medical, Legal, Wikipedia 0.01 sec.
ret·ro·cede  (rtr-sd)
v. ret·ro·ced·ed, ret·ro·ced·ing, ret·ro·cedes
v.intr.
To go back; recede.
v.tr.
To cede or give back (a territory, for example); return.

[Latin retrcdere : retr-, retro- + cdere, to go; see ked- in Indo-European roots.]

retro·cession (-sshn) n.

retrocede [ˌrɛtrəʊˈsiːd]
vb
1. (tr) to give back; return
2. (intr) to go back or retire; recede
retrocession  [ˌrɛtrəʊˈsɛʃən], retrocedence n
retrocessive , retrocedent adj


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This will be reduced to 40% in 2010 * Until full 60% cession is accepted, offer must be made to all Local reinsurers before accessing other "admitted" or "eventual" reinsurers * Can retrocede only to reinsurers registered in Brazil.
Subsequent legislation allowed states to retrocede jurisdiction, which has occurred in some areas.
While the total earned premium increased 104%, retained premium increased only 81% due to an agreement to retrocede 100% of its reinsurance business through Hartville Re for new pets issued with an effective date of October 1, 2006 to December 31, 2006.
 
 
 
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