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A company that's just started up. The term comes from the forestry industry where specialised companies are used to source seeds for new areas of afforestation.

A2:"To cede" is a legal term that means to give up rights to something. A synonym would be "to relinquish". The ceding company is the company that is giving up something.
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What is meant by ground up loss in reinsurance?

The total amount of loss to the the ceding company prior to credits such as salvage or subrogation.


How did the U.S acquire the territory of Florida?

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Which general was important in Spain ceding Florida to the US?

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