| retrocession | 1. The act of retroceding. 2. The state of being retroceded, or granted back. 3. <medicine> Metastasis of an eruption or a tumour from the surface to the interior of the body. Origin: Cf. F. Retrocession. See Retrocede. Source: Websters Dictionary (01 Mar 1998) |
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| retrocession |
Amount of the risk accepted by the reinsurer which is then passed on to other reinsurance companies.
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