Cedant and Cession in Reinsurance
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Mayank Goyal
According to IRDAI (GENERAL INSURANCE – REINSURANCE) REGULATIONS, 2016 ‘Cedant’ is an insurer who enters into a reinsurance contract or a reinsurer
who enters into a retrocession contract
‘Cession’ means the part of insurance passed to a reinsurer by the insurer
which issued a policy to the original insured or part of contract ceded by a
reinsurer to a retrocessionaire
Sent from my LLD-AL10 using
The Actuarial Club mobile appanisha
How much maximum can be ceded by the cedant?
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