Cede defined.
Nev. Rev. Stat. § 681A.290
in effectCede means to pass on to another insurer, who is designated the reinsurer, all or part of the insurance written by an insurer with the object of reducing the possible liability of the ceding insurer.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681A.htmlFetched: 10/4/2026