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prima cedida

English translation: ceded premium

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:prima cedida
English translation:ceded premium
Entered by: bbt-ruth
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04:01 Mar 14, 2008
Spanish to English translations [PRO]
Insurance / prima cedida
Spanish term or phrase: prima cedida
se aclara la definición de la "tasa fija" aplicable a los cúmulos promedio para la determinación de la ***prima cedida ***a los reaseguradores
bbt-ruth
United States
Local time: 16:03
ceded premium
Explanation:
Ceded premium, in its most basic definition, is the amount of premium an insurer (direct
insurer) pays to another insurer. The insurer accepting the ceded premium is called a
"reinsurer."
Selected response from:

philippid
United Kingdom
Local time: 21:03
Grading comment
thanks!
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1ceded premium
philippid


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
ceded premium


Explanation:
Ceded premium, in its most basic definition, is the amount of premium an insurer (direct
insurer) pays to another insurer. The insurer accepting the ceded premium is called a
"reinsurer."

philippid
United Kingdom
Local time: 21:03
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 20
Grading comment
thanks!

Peer comments on this answer (and responses from the answerer)
agree  Maria Kisic
8 mins
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