TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

LEGAL CESSION [1 record]

Record 1 1998-06-16

English

Subject field(s)
  • Reinsurance and Coinsurance
CONT

Up to 1992, the year when the authorities commenced the gradual abrogation of legal cession, 50% of the gross premiums written of Lm8.5 million was legal cession business.

French

Domaine(s)
  • Réassurance et coassurance
CONT

L'activité de la société Centrale de Réassurance, qu'on appelle communément et à juste titre le Réassureur National, peut être distinguée entre son rôle d'institution publique gestionnaire de la cession légale et celui de la société commerciale intervenant tant sur le plan national qu'international dans le cadre de la réassurance conventionnelle.

Spanish

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