Definition of Ceded Premiums:
The captives paid or paid for insurance coverage to other insurance companies.
Literal Meanings of Ceded Premiums
Meanings of Ceded:
Delivery (power or territory)
Sentences of Ceded
In 1874, the islands were ceded to Britain
Synonyms of Ceded
surrender, relinquish, part with, give up, yield, concede
Meanings of Premiums:
Amount to be paid in insurance contract.
Price added to price or general cost.
Something is given as a gift, reward or incentive.
Sentences of Premiums
Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.
They are reluctant to pay too much for organic fruits
The Society des Arts gave him a bonus
Synonyms of Premiums
surcharge, perk, regular payment, percentage, remuneration, additional fee, prize, reward, extra charge, bonus, recompense, extra amount, instalment, extra, insurance payment, additional payment, insurance charge