Fronting (fronting Company)
Procedure under which the ceding company (the primary or fronting company) cedes the risk it has underwritten to its reinsurer with the ceding company retaining none or a very small portion of that risk for its own account.
Popular Insurance Terms
Salesperson who markets and services insurance policies in the state in which he or she is domiciled. ...
Process in which the policy-holder surrenders the policy when: cash proceeds can be invested elsewhere at a higher return than that being earned on the cash value within the policy; ...
Insurance for owners and operators of private, municipal, or commercial airports, as well as fixed-base operators, against claims resulting from injuries to members of the general public or ...
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Same as term Ceding Company: insurance company that transfers a risk to a reinsurance company. ...
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