cession of rights — передача прав
cession of patent — уступка [передача\] патента
• Russia was vehemently opposed to cession of the Liaodong Peninsula.
— see also cede* * *
Reinsurance cessions reduce claims and claim expenses.
The reinsurance industry has become increasingly sophisticated due to competition within the insurance industry. Reinsurance creates an opportunity for insurer and reinsurers to profit at each others' expense based on the accuracy of the actuarial calculations which price the risk incurred. For example, suppose a reinsurer believes the risk of loss on a certain coverage is less than is actually the case. If an insurer has a more accurate risk model, he can recognize that a reinsurer is undercharging for this coverage. In this case, the insurer simply sells the policies to customers at the higher rate and buys reinsurance at the lower rate, locking in an arbitrage profit.
cession of rights - передача прав
1) уступка, передача
2) юр. цессия, уступка (прав, имущества)
~ of rights - передача прав
поступка, уступлення; передача (прав тощо), цесія
- cession clause- cession of goods- cession of land- cession of possession- cession of property- cession of right- cession of tax liability- cession of territory
cession of rights переда́ча прав
f юр.
уступка, передача (прав, имущества)
• Surrendering by treaty
• The act of ceding