Retrocessionaire

Translation of "retrocessionaire" into Russian

Noun

/ˌrɛtrəʊsɛʃəˈnɛə/

/ˌrɛtroʊsɛʃəˈnɛr/

retrocessionaire

retrocessionaires pl

The retrocessionaire agreed to cover the additional risks.

Ретроцессионер согласился покрыть дополнительные риски.

Noun

/ˌrɛtrəʊsɛʃəˈnɛə/

/ˌrɛtroʊsɛʃəˈnɛr/

A company or entity that accepts a retrocession, which is a portion of risk that has been reinsured by another reinsurer.

The retrocessionaire agreed to cover a significant portion of the reinsured risks, providing additional security to the primary insurer.

Adjective

/ˌrɛtrəʊsɛʃəˈnɛə/

/ˌrɛtroʊsɛʃəˈnɛr/

Relating to or characteristic of a retrocessionaire or of retrocession agreements.

Retrocessionaire capacity tightened after the series of hurricanes.