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Meaning of retrocession

Source language: EnglishDictionary language: English

retrocession

noun

Definitions

  1. The transfer of risk from one reinsurer to another.

  2. The return of land, rights, etc. previously ceded.

  3. Metastasis of an eruption or tumour from the surface to the interior of the body.

  4. The act of retroceding; a going back.