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Assigned Risk - Law Dictionary Search Results

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assigned risk

Matched in: Term assigned risk

retrocession

Louisiana : the return to a decedent's heirs of property of the decedent that had been sold or assigned by coheirs NOTE: An heir's right to retrocession has been repealed. 2 : the act of ceding back … of ceding back something (as jurisdiction) 3 a : the process by which all or part of the risks assumed in an insurance contract are reassigned or ceded by a reinsurer to another insurance company b :

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