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ceding commission

A fee paid by a reinsurance company to the original issuer of a policy or group of policies being ceded to the reinsurer. This commission covers the cedent's business and administrative costs for issuing the policy (such as the costs of overhead, licenses, etc.). A percentage of the profits from the premiums collected are also included in the ceding commission.

Related information about ceding commission:
  1. ceding commission - Insurance Glossary
    ceding commission - Remuneration paid to the ceding insurer/reinsurer by the assuming reinsurer (either entity could be a captive), compensating the cedant for ...
     
  2. Glossary of Reinsurance Terms - Guy Carpenter
    Ceding Commission. Primarily in pro rata reinsurance, an allowance (usually a percentage of the reinsurance premium) made by the reinsurer for part or all of a ...
     
  3. What is ceding commission? definition and meaning
    Definition of ceding commission: A fee paid by a reinsurance company to the original issuer of a policy or group of policies being ceded to the reinsurer.
     
  4. Ceding Commission
    Definition of "Ceding Commission". A fee paid to the primary insurer by the re- insurer to compensate the primary insurer for underwriting expenses such as ...
     
  5. Glossary of Reinsurance Terms
    Ceding Commission - The cedant's acquisition costs and overhead expenses, taxes, licenses and fees, plus a fee representing a share of expected profits ...
     
  6. Chapter 2 types of Reinsurance and Reinsurance Program Design
    usually pays the primary insurer a ceding commission for the loss exposures ceded. The ceding commission reimburses the primary insurer for policy acquisition ...
     
  7. General insurance companies not to be paid ceding commission - Mint
    Nov 22, 2011 ... General insurance companies not to be paid ceding commission.
     
  8. Calendar Year of Experience - FindaLink.net
    Ceding Commission: An amount paid by a reinsurer to the ceding company to ... Usually a ceding commission also provides profit to the ceding company and is ...