retro-cession

retrocede

2 [re-truh-seed] ,
verb (used with object), retroceded, retroceding.
1.
to cede back: to retrocede a territory.
2.
Insurance. (of a reinsurance company) to cede (all or part of a reinsured risk) to another reinsurance company.

Origin:
1810–20; retro- + cede

retrocedence, retrocession [re-truh-sesh-uhn] , noun
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
retrocede (ˌrɛtrəʊˈsiːd)
 
vb
1.  (tr) to give back; return
2.  (intr) to go back or retire; recede
 
retrocession
 
n
 
retro'cedence
 
n
 
retro'cessive
 
adj
 
retro'cedent
 
adj

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