Cession number

{
  "id": "MLC-T-INS-000736",
  "term": "Cession number",
  "field": "Insurance and risk management",
  "definition": "A unique identifier assigned to an individual risk or a group of risks transferred from a ceding insurer to a reinsurer under a reinsurance treaty. This number facilitates tracking and administration of the reinsurance agreement, allowing both parties to reconcile premiums, losses, and other financial transactions. It serves as a reference point for specific reinsurance contracts and claims.",
  "url": "https://mlchart.com/terminology/insurance/cession-number/"
}