RETROCESSION

retrocession

retrocession n. (1)交还;归还 1将领土或司法管辖权等予以交还;2将财产所有权或其他权益交还给原先的或合法的权利人。 (2)转再保险;转分保 指将分保的风险全部或部分地转移给另一分保公司,即分保的分保。后面的转分保可称为第一转分保、第二转分保等。 (3)转分保风险 指在转分保中转让的风险份额。(→reinsurance)

retrocession Read More »

retrocession

retrocession. 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

retrocession Read More »

Scroll to Top