The reinsurance of a reinsurance company. For example, insurance company A wishes to spread its risk by obtaining reinsurance from company B, but company B also wishes to spread its risk and obtains reinsurance from company C. This second level of reinsurance is called a retrocession and the second reinsurer is called the retrocessionaire.

See reinsurance.

Was this article helpful?

Related Articles

Need Support?

Can't find the answer you're looking for?
Contact Support