| 单词 | cedant |
| 释义 | cedant in Insurance (sidənt) Word forms: (regular plural) cedants noun Word builder-antThe suffix -ant often appears in words connected with doing something or causing something.(Insurance: Reinsurance) The cedant is the person or company that cedes business to another person or company. A reinsurer may agree to deposit a proportion of the reinsurance premium as a reservefor unearned premiums, which is then set aside by the cedant for future liabilities. The cedant is paid a predetermined percentage of the profit realized by the reinsurer on thebusiness ceded. The cedant is the person or company that cedes business to another person or company. |
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