Reinsurance is an indispensable ingredient to the insurance industry; it allows insurers to underwrite more business and accept more risks with the same capital, as the risk being offset by the reinsurance company does not require additional capital to be allocated. Reinsurance is an important technical program in which participants will gain an understanding of the basics of reinsurance, its importance and the types of reinsurance agreements used, along with practice of the most common reinsurance methods.
At the end of the training program, the participant should be able to:
1 Principles of R/I
2 Difference between Co-insurance
3 Importance of R/I
4 Types of R/I Contracts
Treaty
Facultative
1 1. Quota Share Treaty
1.1 Its Pros
1.2 Its Cons
1 Excess of Loss
Its Pros
Its Cons
2 Stop Loss
Its Pros
Its Cons
3 Practical Practice
1 Underwriting Period
2 Year of Account
3 Losses Occurring
4 Avoiding Accumulation Risks
5 Combining more than one R/I method
6 Submit R/I Bordereaux (premiums- claims- commissions)
1 Reinsurers
2 Reinsurance Brokerage Companies
3 Regulators
4 Compliance
Pass the professional exam for Insurance Foundations
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Names of the training programs that are integrated (enriched) with the training program:
Names of the training programs that after the training program:
high Investment Academy for Training
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