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Retrocession

   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.
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Although these alternative sources of capital may seem small, they play an important role in supporting retrocession, the transfer of reinsurance risks to other reinsurers.
Moody's sees negative outlook for global reinsurance by Financial Mirror (Cyprus)
The ratings reflect Continental Re's insufficient although improving risk management and insufficient security within the company's retrocession panel, in addition to the unstable economic and political environment of the company's core market.
Nigeria: Continental Reinsurance rated by CPI Financial
a reinsurance company that writes property catastrophe, per risk, marine and energy, retrocession and other specialty short-tail lines of business, leased 3,775s/f at 48 Wall St.
Swig Equities by Real Estate Weekly
 
 
 
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