cede

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Related to ceding: leaner, swayed, reassigned

Cede

To yield up; to assign; to grant; to surrender; to withdraw. Generally used to designate the transfer of territory from one government to another.

cede

verb abalienate, abandon, abdicate, abjure, accede, alienate, assign, bequeath, concede, concedere, conner, consign, convey, deed, deliver, devolve, dismiss, donate, give, give away, give up, give up claim to, grant, part with, quitclaim, release, relinquish, remise, render, renounce, reeounce claim to, resign, sign away, submit, succumb, surrender, tender, transfer, transmit, turn over, vouchsafe, yield
Associated concepts: cede jurisdiction, cede territory
See also: abandon, advance, attorn, bequeath, bestow, concede, confer, contribute, convey, defer, devolve, disown, forfeit, give, grant, offer, pass, relinquish, remise, resign, submit, supply, surrender, tender, transfer, transmit, yield

TO CEDE, civil law. To assign; to transfer; as, France ceded Louisiana to the United States.

References in periodicals archive ?
Identifying potential microinsurer ceding companies involves many different factors, such as the microinsurer's experience in the particular country and its processes and experience with underwriting, claims and other aspects of the business.
The first issue addreses whether the ceding enterprise should recognize a liability and the assuming enterprise should recognize an asset if the ceding enterprise is obligated to pay the reinsurer amounts that would not have been required absent experience to date under the contract (for example, payments that would not have been required if losses had not been experienced).
It is a licensed insurer and was established for the limited purpose of issuing the surplus notes and entering into reinsurance agreements with SBLI of Massachusetts (SBLI of MA, or the ceding insurer).
Ceding insurers do indeed put themselves on the hook for fronted business, just as they do for risks which they retain or reinsure in a traditional manner.
A number of risks and uncertainties, including longer than expected delays in receiving information from our ceding companies, the timing of completion of our estimate of change in fair value of credit derivatives and related disclosure, and the review of our estimate by our auditors, could affect the timing of filing of the Form 10-Q.
An unauthorized reinsurer must post 100% collateral in order for full reinsurance credit to be permitted to the ceding insurer, regardless of how highly rated or well-capitalized the reinsurer may be.
The capacity in which each party asserts its claim must be the same; for instance, if a reinsurer has several contracts with the ceding company, the outstanding balances of each contract may be offset against each other.
The ceding company, as a liability on the balance sheet, accrues for the ceded premium that is owed to the reinsurer.
Cyrus Re II has contributed approximately $136 million into a trust for the benefit of the Ceding Companies to support the 2008 coverage to be ceded by them to Cyrus Re II.
Others, including Skandia America and Trygg Hansa, suffered losses in their home markets that weakened them, prompting the primaries to stop ceding to them and commute, or take back, outstanding exposure and premiums.
Under the reinsurance agreements, the issuer will provide the ceding insurer with up to $250 million of aggregate indemnity protection over a four year period beginning May 1, 2007, when losses covering residential property caused by individual northeast hurricanes meet or exceed a pre-established attachment point.
Here is an illustration where property concentrations are the key driver of risk to the ceding insurer.