retrocedent (Meaning)
Webster
retrocedent (a.)
Disposed or likely to retrocede; -- said of diseases which go from one part of the body to another, as the gout.
Synonyms & Antonyms of retrocedent
No Synonyms and anytonyms found
retrocedent Sentence Examples
- The retrocedent's liability was reduced due to the reinsurer's assumption of a portion of the risk.
- The primary insurer sought retrocession to spread the potential financial burden.
- The retrocedent agreed to cover the losses incurred by the primary insurer after a specified deductible amount.
- Retrocession arrangements allow insurers to manage their risk exposure by sharing it with other entities.
- The retrocedent's capital strength and risk appetite influenced the terms of the agreement.
- The retrocession share varied depending on the type of coverage and the risk profile of the underlying portfolio.
- The retrocedent's solvency and creditworthiness were crucial factors in the insurer's decision-making process.
- Retrocession contracts typically include provisions for adjusting the share, premium, and terms based on experience and market conditions.
- The insurance regulator reviewed the retrocession transaction to ensure its compliance with regulatory requirements.
- The retrocedent's underwriting expertise and track record helped the primary insurer evaluate and manage its risk exposure more effectively.
FAQs About the word retrocedent
Disposed or likely to retrocede; -- said of diseases which go from one part of the body to another, as the gout.
No synonyms found.
No antonyms found.
The retrocedent's liability was reduced due to the reinsurer's assumption of a portion of the risk.
The primary insurer sought retrocession to spread the potential financial burden.
The retrocedent agreed to cover the losses incurred by the primary insurer after a specified deductible amount.
Retrocession arrangements allow insurers to manage their risk exposure by sharing it with other entities.
