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Terms Beginning with C
       
       
 

Cede, Ceding Company

Insurance Term


Cede is a term commonly used in the insurance industry to refer to the transfer of risk from one entity to another. Specifically, the ceding company is the insurer looking to transfer risk, while the party assuming the risk is known as the reinsurer.

In practice, the ceding company transfers a portion of its risk in exchange for a premium payment to the reinsurer. This allows the ceding company to manage its own exposure to potential losses and reduces its overall risk exposure.

Ceded reinsurance can be used for a variety of insurance types, including life, health, and property and casualty insurance. It is often used by large insurers and reinsurers to manage risk more effectively and efficiently.

Overall, cede and ceding company are key concepts in the insurance industry that help insurers manage risk and reduce their exposure to potential losses.


   
     

Cede, Ceding Company

Insurance Term


Cede is a term commonly used in the insurance industry to refer to the transfer of risk from one entity to another. Specifically, the ceding company is the insurer looking to transfer risk, while the party assuming the risk is known as the reinsurer.

In practice, the ceding company transfers a portion of its risk in exchange for a premium payment to the reinsurer. This allows the ceding company to manage its own exposure to potential losses and reduces its overall risk exposure.

Ceded reinsurance can be used for a variety of insurance types, including life, health, and property and casualty insurance. It is often used by large insurers and reinsurers to manage risk more effectively and efficiently.

Overall, cede and ceding company are key concepts in the insurance industry that help insurers manage risk and reduce their exposure to potential losses.


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