Ceded definition

Ceded means reinsurance ceded on business so reported as direct or assumed.

Ceded. The transfer of an insurance policy risk from a reinsurance/insurance company to a reinsurance company. The company transferring the risk is referred to as the “cedent” or the “reinsured.” The company accepting the transferred risk is referred to as the “assuming company”, “reinsurer”, or “retrocessionaire.”

Ceded net written premium" for the month;

Examples of Ceded in a sentence

• Ceded reinsurance arrangements do not relieve the Company from its obligations to policyholders.

• Ceded premiums are earned in a manner consistent with the underlying policies.

• The Company has Ceded Business to affiliated and non-affiliated companies to limit its exposure to risk.

• Ceded reinsurance arrangements do not relieve the Group from its obligations to policyholders.

• Ceded lands are located in Whatcom, Skagit, Snohomish, and Kings Counties, and a portion of Pierce County, Washington.

• The Company’s ceded contracts generally allow the Company to recapture Ceded Business after certain triggering events, such as reinsurer downgrades.

• Ceded lands are located in Lake, Mason, Manistee, and Wexford Counties.

• Ceded premiums are recognized in a manner consistent with the premium earned on the underlying policies.

• The land offered under this application is (check all that apply):❑ Private Land❑ Public Land (Federal, State, or Local Government)❑ Tribal, Alloted, Ceded or Indian Land7.

• Waiver Ceded Amount This field contains the policy waiver amount ceded.

More Definitions of Ceded

Ceded means the making available of a Timeshare Week to the Manager and "Ceded" shall be construed accordingly;