WebDictionary entries. Entries where "cedant" occurs: cedent: …cedents) The person who cedes a personal obligation to another.Related words & phrases cedant (variant of … WebMay 31, 2024 · Latin cedent-, cedens, present participle of cedere to yield. What is a Cessionary?: an assignee or grantee of property, a claim, or a debt under a deed of conveyance. Who is the cedant? (Insurance: Reinsurance) The cedant is the person or company that cedes business to another person or company.A reinsurer may agree to …
What Does Cedent Mean? - On Secret Hunt
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or … WebMar 18, 2024 · Very easy. Easy. Moderate. Difficult. Very difficult. Pronunciation of cédant with 2 audio pronunciations. 1 rating. 0 rating. Record the pronunciation of this word in … book for financial awareness
What is a Cedent? - Definition from Insuranceopedia
WebThe meaning of ANTECEDENT is a substantive word, phrase, or clause whose denotation is referred to by a pronoun that typically follows the substantive (such as John in 'Mary saw … WebThe term cedent is most often. Is there a word cedent? Asked by: Casper Gutkowski. ... The cedant is the person or company that cedes business to another person or company. A reinsurer may agree to deposit a proportion of the reinsurance premium as a reserve for unearned premiums, which is then set aside by the cedant for future liabilities. ... WebLearn how to say/pronounce cedent in American English. Subscribe for more videos! book for flight ticket