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Financial advisory
RES5Financial Advisory Services✓Retrocession refers to:
Retrocession is the reinsurance of a reinsurer — a reinsurer passes on part of the risk it has assumed to another reinsurer (the retrocessionaire). A direct insurer buying reinsurance is a straightforward cession; the other options are unrelated concepts.
Cession = insurer to reinsurer; retrocession = reinsurer to reinsurer.
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