Home > Glossary

Ceding Commission

Definition

Remuneration paid to the ceding insurer/reinsurer by the assuming reinsurer (either entity could be a captive), compensating the cedent for various expenses that it incurs, such as underwriting and business acquisition expenses.

Register for Personal Lines CE Courses
Register for Commercial Lines CE Courses
Prelicense.com

Navigation

Social Media

User ID: Subscriber Status:Free