Ceding company
Term · Insurance and risk management · MLC-T-INS-000722
The primary insurance company that transfers all or part of its insurance risks to a reinsurer. This company seeks to reduce its exposure to large losses, stabilize its underwriting results, and increase its capacity to write more business. It is also commonly referred to as the cedent.
| Identifier | MLC-T-INS-000722 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000722",
"term": "Ceding company",
"field": "Insurance and risk management",
"definition": "The primary insurance company that transfers all or part of its insurance risks to a reinsurer. This company seeks to reduce its exposure to large losses, stabilize its underwriting results, and increase its capacity to write more business. It is also commonly referred to as the cedent.",
"url": "https://mlchart.com/terminology/insurance/ceding-company/"
}
Record 492 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.