Wortformen:(regular plural) cedants
nounWord builderThe suffix -ant often appears in words connected with doing something or causing something. (Insurance: Reinsurance) The cedant is the person or company that cedes business to another person or company.
⇒ A reinsurer may agree to deposit a proportion of the reinsurance premium as a reserve
for unearned premiums, which is then set aside by the cedant for future liabilities. ⇒ The cedant is paid a predetermined percentage of the profit realized by the reinsurer on the
business ceded. ⇒ The cedant is the person or company that cedes business to another person or company.
Collins English Dictionary. Copyright © HarperCollins Publishers