Open Course - Webinar
Intermediate Reinsurance
This interactive course takes the subject of Reinsurance to a more advanced level.
Individual delegate price:
£200 + VAT
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