Sentences with phrase «called ceding company»

Description: In the case of treaty reinsurance, the company that sells the insurance policies to another insurance company is called ceding company.

Not exact matches

While some companies may be eager to raise funds without necessarily having to incur debt or cede control or economic rights in the manner of a traditional security, many companies, whether well - established or emerging, would be wise to resist the ICO siren call and exercise caution before trying to contrive blockchain use cases, as some critics already posit that the technology represents a solution in search of a problem.
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