cesion ( synonym found)

Definition of cesion:

°That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another.
"The reinsurance company accepted a 25% cession from the direct insurer."
°The transfer of a personal claim from a cedent to a cessionary.

Definition of cesion:

°That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another.
"The reinsurance company accepted a 25% cession from the direct insurer."
°The transfer of a personal claim from a cedent to a cessionary.

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