cedent Definition
a person or company that cedes insurance risks to a reinsurer.
Using cedent: Examples
Take a moment to familiarize yourself with how "cedent" can be used in various situations through the following examples!
Example
The cedent transferred the risk to a reinsurer.
Example
The insurer acted as a cedent in the transaction.
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Summary: cedent in Brief
'Cedent' [siːdənt] refers to a person or company that transfers insurance risks to a reinsurer. It is commonly used in the insurance industry, where insurers act as cedents to manage their risk exposure. An example of its usage is 'The cedent transferred the risk to a reinsurer.'
