What is Contrato de retrocessão?
In this glossary, Contrato de retrocessão refers to: A reinsurance contract under which a reinsurer transfers part of the risks it has assumed to another reinsurer (the retrocessionaire), to further spread risk exposure.
How is Contrato de retrocessão used in finance?
In finance communication, this term appears in contexts such as: "O ressegurador reduziu sua exposição a catástrofes ao celebrar um contrato de retrocessão com um retrocessionário global."
Why does Contrato de retrocessão matter in finance?
Contrato de retrocessão matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Contrato de retrocessão?
Contrato de retrocessão is mainly used by Financial Analysts, Bankers, and Traders.
What category does Contrato de retrocessão belong to?
In this glossary, Contrato de retrocessão is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.