Cedent
Term · Insurance and risk management · MLC-T-INS-000720
The primary insurance company that transfers all or part of its insurance risks to a reinsurer. The cedent seeks to reduce its exposure to large losses, stabilize its underwriting results, and increase its capacity to write more business. This entity is also referred to as the ceding company.
| Identifier | MLC-T-INS-000720 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000720",
"term": "Cedent",
"field": "Insurance and risk management",
"definition": "The primary insurance company that transfers all or part of its insurance risks to a reinsurer. The cedent seeks to reduce its exposure to large losses, stabilize its underwriting results, and increase its capacity to write more business. This entity is also referred to as the ceding company.",
"url": "https://mlchart.com/terminology/insurance/cedent/"
}
Record 503 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.