retrocession


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retrocession

 [ret″ro-sesh´un]
a going backward; backward displacement.

ret·ro·ces·sion

(ret'rō-sesh'ŭn),
1. A going back; a relapse.
2. Cessation of the external symptoms of a disease followed by signs of involvement of some internal organ or part.
3. Denoting a position of the uterus or other organ farther back than is normal.
[L. retro-cedo, pp. -cessus, to go back, retire]

retrocession

/ret·ro·ces·sion/ (-sesh´un) a going backward; backward displacement.

ret·ro·ces·sion

(ret'rō-sesh'ŭn)
1. A going back; a relapse.
2. Cessation of the external symptoms of a disease followed by signs of involvement of some internal organ or part.
3. Denoting a position of the uterus or other organ farther back than is normal.
[L. retro-cedo, pp. -cessus, to go back, retire]

ret·ro·ces·sion

(ret'rō-sesh'ŭn)
1. A going back; relapse.
2. Cessation of external symptoms of disease followed by signs of involvement of some internal organ or part.
[L. retro-cedo, pp. -cessus, to go back, retire]

retrocession

a going backward; backward displacement.
References in periodicals archive ?
As a result of the transaction, we have ceded the majority of our life reinsurance business to XLLR via 100% quota share reinsurance (the "Life Retrocession Arrangements").
1) According to Article 6/2 of the statute numbered 5717, the authoritative court in matters relating to retrocession or bargaining rights is the family court, situated in the residence of the child during the application, according to Article 10 of the statute.
Allied World's strong commitment to Aeolus provides real validation of our overall approach to the reinsurance and retrocession market and will serve our investors and cedents well.
Swiss Re estimates its claims burden to be around $900 million, net of retrocession and before tax.
Manulife Financial Corporation (Manulife) (NYSE: MFC) has said that it has agreed to sell its Life Retrocession business to Pacific Life Insurance Company (Pacific Life), based in the United States, for an undisclosed sum.
The down grading of the Reinsurance companies in Africa, he observed, arose from delays in reinsurance premium remittances, and as such the retrocession costs are raised.
The impetus for launching Blue Ocean stemmed in part from the additional scrutiny of rating agencies with regard to the level of capital required to support property retrocession business within a rated company.
The maintenance of the negative outlook is due to recent volatilities of technical earnings associated with Kuwait Re's inward retrocession business.
2 million favorable impact from the life retrocession derivative, which is offset by a decrease in accumulated comprehensive income and therefore does not impact book value.
Swiss Re estimates its claims burden from hail storms in Germany in July to be approximately USD 240 million, net of retrocession and before tax.
According to the report, the pressure on retrocession, marine, energy and the U.
He added these pressures are particularly apparent in retrocession business, or coverage that is ceded to other reinsurers.