Intermediate Reinsurance

Course Introduction

This interactive course takes the subject of Reinsurance to a more advanced level.

Who should attend?

Those who have some experience of reinsurance who would like a more detailed explanation of the differenttypes of reinsurance available and how they operate.

Course Objectives

At the end of the webinar delegates will be able to:

• Demonstrate a thorough understanding of reinsurance
• Explain the differences between facultative, treaty and other forms of reinsurance
• Show how risks are allocated to the different types of proportional treaties
• Show how claims are recovered from a catastrophe excess of loss programme
• Explain aggregation, exposure and rating bases
• Demonstrate an understanding of the interrelationship of the different methods and types of reinsurance

Course Content

• Proportional treaties – proportional and surplus
  • allocation of risks
  • year of account
  • premium and claims reserves
  • large loss notifications
  • profit commission
  • portfolio transfers
• Non‐Proportional treaties – including per risk and cat
  • premium bases
  • flat or adjustable
  • minimum and deposit premiums
  • adjustments
  • burning costs
  • claims bases
  • reinstatements
• Facultative Quota Share
• Facultative Excess of Loss
• Aggregate and stop loss treaties – claim calculations