GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
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Treaty Reinsurance

The ceding company agrees to cede certain classes of business to a reinsurer. The reinsurer agrees to accept all business qualifying under the reinsurance treaty (the contract). Under the reinsurance treaty, the ceding company is assured that all of its risk falling within the terms of the treaty will be reinsured.