About the course This is an introduction to the basics of reinsurance.
The webinar will be highly interactive with delegate participation and engagement throughout. There will be two 75-minute sessions with a break of approximately 30 minutes between each session.
There will be a maximum of 10 delegates.
The webinar is delivered by a Certified Online Learning Facilitator, with over 30 years insurance experience.
Who should attend? This course has been designed for anyone with an interest in knowing more about reinsurance and for people with less than three years’ experience of reinsurance.
What you will learn
Course Objectives At the end of the course delegates will be able to:
Understand the need for reinsurance and its use by insurers
Understand the reinsurance market
Demonstrate the difference between proportional and non-proportional reinsurance
Describe the characteristics of facultative, treaty and contract methods of reinsurance
Describe the various types of reinsurance proportional and nonproportional contracts and the key clauses therein
Describe the legal principles of reinsurance and the importance of information about the original risk to the underwriter
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