Retrocedent

{
  "id": "MLC-T-INS-002938",
  "term": "Retrocedent",
  "field": "Insurance and risk management",
  "definition": "A reinsurer that transfers a portion of its assumed risks to another reinsurer through a retrocession agreement. This entity acts as the ceding company in the retrocession transaction, seeking to reduce its own exposure to large or catastrophic losses. The retrocedent pays a retrocessional premium to the retrocessionaire.",
  "url": "https://mlchart.com/terminology/insurance/retrocedent/"
}