Retrocession defined.
Nev. Rev. Stat. § 681A.380
in effectRetrocession means a transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681A.htmlFetched: 10/4/2026