3 a : the process by which all or part of the risks assumed in an insurance contract are reassigned or ceded by a reinsurer to another insurance company
b : the amount reassigned or ceded
Pronunciation're-tr&-"se-sh&n ...
is different from backfilling in that another worker is not assigned to do the work that was being done by the reassigned employee.
 See also: Right, Attorn, Assign, Civil, Jurisdiction
  
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