Understanding the Reinsurance Industry

Enhance your knowledge of how reinsurance works, and how your role impacts the business, for those new to, unfamiliar with or have lost touch with aspects of the industry

25-26 Apr 2018

GBP 1,199
EUR 1,679
USD 1,870

Book now

Course overview

In a nutshell reinsurance is best thought of as “insurance for insurance companies,” a way for a primary insurer to protect against unforeseen or extraordinary losses. It serves to limit liability on specific risks, to increase individual insurers’ capacity and to share liability when losses overwhelm the primary insurer’s resources. It also helps insurers stabilize their business in the face of the wide swings in profit and loss margins inherent in the insurance business.

However the industry is much more complex than one statement, professionals working within the industry are tending to specialise in one area and lose touch with the trends and challenges faced by this global business as a whole. Whether you are new to the industry or need to get back in touch with the dynamics of the industry as a whole, then this course is for you.

Why you should attend

The experienced seminar faculty will demystify all aspects of the industry that participants might be new to, unfamiliar with or have lost touch with.

Topics covered include:

  • Part 1: The building blocks – understand the need for reinsurance and it’s relevance to your role
  • Part 2: The reinsurance market – get-to-grips with the role of the reinsurance market and how it works
  • Part 3: Legal and regulatory framework – build your knowledge of how the industry is controlled and regulated
  • Part 4: Practical applications – Demystify the terminology and activities that are specific to the insurance industry

Who should attend?

  • Reinsurance company employees
  • Reinsurance broker company employees
  • Insurance company professionals
  • Lawyers in private practice
  • Regulators
  • Those who have recently joined the reinsurance industry
  • Suppliers to industry including software, recruitment and accountancy

Programme at a glance...

Introduction to the seminar

  • Types of reinsurance – facultative and treaty
  • Types of reinsurance treaties
  • Functions of reinsurance treaties


What is reinsurance? Its purposes and functions

Practical Workshop
Facultative reinsurance


The reinsurance international market

The reinsurance markets and the role of Lloyds

Run-off and commutations

Reinsurance brokerage and the role of the broker


The law of reinsurance – Introduction

The regulation of reinsurance


Reinsurance agreements


Reinsurance claims management

Elements of claims reserving

Underwriting and the role of the underwriters

Dealing with reinsurance disputes

Continuing professional development

This course qualifies for the following CPD programmes:

  • CPD certificate of attendance: 12.00 hours
  • Certificate: 12.00 hours

Book now

25-26 Apr 2018
25-26 Apr 2018 Rembrandt Hotel, London GBP 1,199.00
EUR 1,679.00
USD 1,870.00
+ VAT @ 20.00%
Enrol now

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Previous customers include...

  • Alpha Sales Group
  • Ascot Underwriting Ltd
  • Aspen Insurance Ltd
  • Aspen Re
  • Builders Insurance Holdings S.A.
  • Builders' Credit Reinsurance Company SA
  • Canopius Services Ltd
  • Corporation of Lloyd's
  • Crispin Speers and Partners
  • CSC Financial Services
  • Elite Insurance Co Ltd
  • Execution Noble Ltd
  • Garant Versicherungs AG
  • Guy Carpenter & Company GmbH
  • Hiscox
  • Hiscox Insurance Co Ltd
  • Ingosstrakh ONDD Credit Insurance LLC
  • Lansforsakringar AB
  • LGT ILS Partners Ltd.
  • Lloyd's
  • Novae Group plc
  • Polskie Towarzystwo Reasekuracji SA
  • PRO Insurance Solutions Ltd
  • RFIB Group Ltd
  • Sapiens
  • Saudi Fund for Development (SFD)
  • The Motor Insurers' Bureau of Latvia
  • TransRe
  • Twelve Capital

Good quality content. Well and clearly presented

Paul Lavender, Finance Director, Elite Insurance Co Ltd

…thought this was an excellent course, covering a suitable range of topics...

Jennifer Yao, Associate, Clyde & Co LLP