retrocedent


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See: regressive
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The retrocedents position that "arbitration clause" indicates the parties intent to resolve disputes through arbitration also finds support in English decisions.
Unicover, an intermediary in the workers' compensation reinsurance market, although not an insurance company, issued reinsurance contracts to insurance companies (the retrocedents in this case) and then assigned these contracts to other insurance companies (the retrocessionaires).
With respect to the use of managing general agents, the court agreed that the retrocessionaires were on notice during the very first year of the treaty that the retrocedent was assuming facultative business through a managing general agent.