Reinsurance ceded describes risk transferred by an insurer under reinsurance arrangements.
The distinction that matters
A ceded premium or recoverable does not remove every risk, including disputes, exclusions and reinsurer credit exposure.
What to check
- Compare gross and net results.
- Review recoverables and counterparty notes.
- Check the relevant contract and reporting period.
Example to discuss
An annual report shows lower net catastrophe exposure, but the reader also checks recoverability and the remaining retention.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Jurisdiction and scope
This is an insurer-to-reinsurer concept. A retail customer should check the original policy and insurer rather than infer a direct claim entitlement from a reinsurance structure. Reporting definitions and contract terms may differ.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.