Program Brief

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.

Program Goals

At the end of the training program, the participant should be able to:

  • Learn the basics of reinsurance in order to gain an understanding of the role it plays in the insurance industry and the differences between Reinsurance and Coinsurance.
  • Understand common reinsurance techniques so that the most appropriate one can be selected according to the case.
  • Understand the legal frameworks governing reinsurance transactions in order to safeguard the rights and obligations of all parties involved.
  • Recognize the different types of reinsurance agreements to ensure they are used effectively
Program Agenda
Module 1: Introduction
  • 1 Principles of R/I

    • 2 Difference between Co-insurance

      • 3 Importance of R/I

        • 4 Types of R/I Contracts

          • Treaty

            • Facultative

            Module 2: Proportional R/I
            • 1 1. Quota Share Treaty

              • 1.1 Its Pros

                • 1.2 Its Cons

                Module 3: Non-Proportional R/I
                • 1 Excess of Loss

                  • Its Pros

                    • Its Cons

                    • 2 Stop Loss

                      • Its Pros

                        • Its Cons

                        • 3 Practical Practice

                          Module 4: Tech. Aspects
                          • 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)

                                      Module 5: R/I Market
                                      • 1 Reinsurers

                                        • 2 Reinsurance Brokerage Companies

                                          • 3 Regulators

                                            • 4 Compliance

                                              Program Requirements
                                              • Pass the professional exam for Insurance Foundations

                                              -

                                              Program Path

                                              Names of the training programs that are integrated (enriched) with the training program:

                                              Names of the training programs that after the training program:

                                              Program Method
                                              • Lecture
                                              • Practical Implementation
                                              • Exercises and assignments
                                              Evaluation Method
                                              • Pre Exam
                                              • Post Exam
                                              • Discussion Panel
                                              Training Type
                                              • In Class Training
                                              • Online Training
                                              Partners
                                              • high Investment Academy for Training

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