When a reinsurer purchases reinsurance, we call it retrocession.
当再保险人购买再保险时，我们称为转分保。
This retrocession is taken out of the annual fee, pushing such fees higher and reducing clients’ returns.
这个交还来自于年费，也驱使费用更高并且减少了投资者的回报。
This retrocession is taken out of the annual fee, pushing such fees higher and reducing clients' returns.
这个交还来自于年费，也驱使费用更高并且减少了投资者的回报。
Even when they can sell their funds, the process usually involves paying a commission, or "retrocession", to the distributor.
即使它们可以卖出他们的产品，这个过程他们需要付一定的佣金或者“归还”给分销商。
The term "retrocession" as mentioned in these Provisions shall refer to a reinsurer's business operation of transferring any insurance business ceded to it to another insurer.
本规定所称转分保，是指再保险接受人将其分入的保险业务，转移给其他保险人的经营行为。
The term "retrocession" as mentioned in these Provisions shall refer to a reinsurer's business operation of transferring any insurance business ceded to it to another insurer.
本规定所称转分保，是指再保险接受人将其分入的保险业务，转移给其他保险人的经营行为。
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