Advanced Reinsurance Contract Wordings

A concise one-day in-house programme on the latest legal developments and advanced drafting skills as well as up-to-the-minute issues that will ensure watertight contracts.

Course overview

Reinsurance industry practices have changed in recent years, placing more and more emphasis and importance on reinsurance contract wordings. It is more apparent that a contract is only an advantage if it exactly reflects what the underwriter intended and the insured expected. If companies want to avoid lengthy and expensive disputes, they must develop clear and thorough reinsurance agreements and avoid frequent and small nuances that can land reinsurance companies in trouble. This programme focuses on advanced, up-to-the-minute issues of reinsurance contracts.

Who is this programme for?

  • Wordings technicians
  • Reinsurance technicians
  • Claims managers
  • Wordings specialists
  • In-house lawyers
  • Lawyers in private practice

Programme at a glance...

Follow wordings – Issues, options and effective drafting

The Insurance Act 2015 – how it impacts your policy wording

Notice and information clauses

Drafting watertight reinsurance clauses: some common mistakes

Developments in property and casualty clauses

Aggregation

Loss portfolio transfer and ‘finality’ contract drafting

Being prepared for reinsurance disputes: Wordings and their role in dispute resolution

Continuing professional development

This course qualifies for the following CPD programmes:

  • CPD certificate of attendance: 6.00 hours
  • Certificate: 6.00 hours

Bespoke training

We can customise this course to meet the requirements of your organisation. Contact us to discuss your training requirements.

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Previous customers include...

  • Ace European Group Ltd
  • Advent Capital (Holdings) PLC
  • Andeva Re Ltd
  • Argo Global
  • Atrium Underwriters Ltd
  • Beazley Group
  • Execution Noble Ltd
  • Flagstone Syndicate Management Ltd
  • Friends Life
  • Hannover Re UK Life Branch
  • Hiscox Underwriting
  • International General Insurance
  • LGT Capital Management
  • Lloyd's
  • Lloyds Banking Group
  • MAPFRE RE
  • MS Amlin AG
  • Muenchener Rueckversicherungs- Gesellschaft AG
  • Munich Re
  • Randall & Quilter Investment Holders Ltd
  • SCOR Reinsurance Directorate for Germany
  • SCOR SE UK Branch
  • Sedgwick Chudleigh
  • Swiss Re
  • Talbot Underwiting Ltd
  • Talbot Underwriting Ltd
  • Tokio Marine Kiln Insurance Services Ltd
  • TUiR Warta S.A.
  • Zurich Insurance Company Ltd.
  • Zurich Insurance Group Ltd.

Very informative course with practical examples of the industry and well experienced speakers

Maya Valencia Del Sole, Financial Risks Underwriter, PartnerRe

I enjoyed the course especially each paper not being more than 45 minutes. The short duration of each paper helped sustain my interest to the very end.

Ekeoma Esther Ezeibe, Managing Director/CEO, Crystal Trust Insurance Brokers Limited

Informative. Very knowledgeable speakers

Marcus Vergi, Senior Contracts Specialist, Swiss Reinsurance Company Ltd

It was a good course, great host and well structured.

RIANNE PATEL, Assistant Underwriter, Navigators

I do like the contents of the course

Joanna Grzejdziak , Manager, Strategic Clients and Reinsurance Department , TUiR Warta S.A.

Very educational. gives good update on various topics. Clear and competent speakers. Full day covering many topics

Marina Selin, Underwriter, Sirius International Insurance Corp.

Excellent course. Well informed speakers, very good presentations.

Franz Gromotka, , Munich Re

Content, presentation and the speakers were all good, I think if there were particular topics that attendees wanted to discuss the speakers would have included them as the group felt quite informal.

Alison Clark, Syndicate Reinsurance Administrator, Mitsui Sumitomo Insurance Group

Not as relevant on my specific job but still quite informative

Louise Hegarty, Reinsurance Technician, ffh Management Services

I think it was a great opportunity to get an introduction into advanced materials and discussion on reinsurance contracts. The panel were excellent and I benefited from the networking very much. Hope you keep this up and develope into a longer seminar of 3~5 days. I am willing to attend again.

Patrick Hyungil Cho, Reinsurance Underwriter, Korean Reinsurance Company

The overall content was set at the right level. Speakers were good, some very special, knowledgeable and able to present well.

Marian Donnelly, Senior Technical Specialist, Lloyd's of London

Overall good

Mareike Partenheimer, Legal Counsel, R+V Versicherung AG

Very useful

Reka Fuchs, , R+V Versicherung AG

A highly informative course with a good selection of speakers and interesting topics

Sally Bates, Wordings Specialist , AEGIS Managing Agency

Good pace, good speakers.

Martin Golding, , Advent Capital (Holdings) PLC