A ceded premium refers to the portion of the original premium that an insurance carrier passes to a reinsurer. In doing so, the carrier is purchasing reinsurance, and the ceded premium is the cost of that reinsurance coverage.
A ceded premium refers to the portion of the original premium that an insurance carrier passes to a reinsurer. In doing so, the carrier is purchasing reinsurance, and the ceded premium is the cost of that reinsurance coverage.
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