A party to an insurance contract who passes financial obligation for certain potential losses to the insurer. In return for bearing a particular risk of loss, the cedent pays an insurance premium. The term cedent is most often used in the reinsurance industry, although the term could apply to any insured party.

Insurance companies are regulated so that they may not write policies in excess of a certain percentage of their collateral. However, insurance companies do not have to hold collateral against policies that are reinsured. Most insurance companies employ some sort of reinsurance program in order to more efficiently manage their operations.

Investment dictionary. . 2012.

Look at other dictionaries:

  • cedent — CEDÉNT, cedenţi, s.m. Creditor care transmite, printr un contract de cesiune, dreptul său de creanţă unei alte persoane. – Din lat. cedens, ntis. Trimis de valeriu, 03.03.2003. Sursa: DEX 98  cedént s. m., pl. cedénţi Trimis de siveco,… …   Dicționar Român

  • Cedēnt — (lat.), der etwas abtritt, s.u. Cession …   Pierer's Universal-Lexikon

  • Cedént — Cedént, s. Zedent …   Meyers Großes Konversations-Lexikon

  • cedent — See assignation. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • cedent — cèdent m <G mn nātā> DEFINICIJA pravn. onaj koji odstupa od svog prava ili svojih potraživanja u korist drugoga ETIMOLOGIJA lat. cedens ← cedere: ustupati …   Hrvatski jezični portal

  • Cedent — Cedant is the party of a cession, which transfers its personal claim to another party (the cessionary) …   Wikipedia

  • cedent — noun The person who cedes a personal obligation to another. See Also: cedant …   Wiktionary

  • cedent — ce|dent Mot Agut Nom masculí …   Diccionari Català-Català

  • cedent — m IV, DB. a, Ms. cedentncie; lm M. cedentnci, DB. ów praw. «wierzyciel przelewający swoją wierzytelność lub inne prawo na osobę trzecią drogą cesji» ‹łac.› …   Słownik języka polskiego

  • cedent — ce·dent …   English syllables

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.