Question

What is a "Retrocessionnaire"?

a.

The reinsured party in a retrocession

b.

The original reinsurer in a retrocession

c.

The assuming reinsurer in a retrocession

d.

The primary insurer in a retrocession

Posted under IC85 Reinsurance Management

Answer: (c).The assuming reinsurer in a retrocession Explanation:The assuming reinsurer in a retrocession is referred to as the retrocessionnaire. The ceding reinsurer, on the other hand, is known as the retrocedent.

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