1. The act of ceding something back (such as a territory or jurisdiction). [Cases: United States
3. C.J.S. United States §§ 9–15.]
2. The return of a title or other interest in property to its former or rightful owner.
3. The process of transferring all or part of a reinsured risk to another reinsurance company; reinsurance of reinsurance. • Subsequent retrocessions are referred to as first retrocession, second retrocession, and so on.
4. The amount of risk that is so transferred.
