What does retrocession mean?
Retrocession means The transfer of risk from one reinsurer to another..
Pronunciation varies by accent · noun
The transfer of risk from one reinsurer to another..
For example, suppose the Moon to be placed in 10° of any sign: suppose Saturn to pass over that spot and attain to the 15th degree of the same sign, and there become stationary; that his retrocession carries him back to the 8th degree, […]
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Retrocession means The transfer of risk from one reinsurer to another..
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The opposite depends on the specific sense.
For example, suppose the Moon to be placed in 10° of any sign: suppose Saturn to pass over that spot and attain to the 15th degree of the same sign, and there become stationary; that his retrocession carries him back to the 8th degree, […]
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