Reinsurance III - Advanced Arab Insurance Institute
Price: AED 3,632

    Course details

    Improve theoretical knowledge as well as practical skills • Understand reinsurance accounting and the calculation of reinsurance reserves and premiums • Learn practical aspects of reinsurance treaty design • Benefit from the background of a highly-experienced Trainer & from the exchange of experiences as our classes are often composed of participants from different MENA countries
    SUITABLE FOR: 

    Middle and Senior Managers, Reinsurance Managers and Departmental Managers.

    COURSE OUTLINE: 

    DAY 1

    Opening

    Review of Reinsurance principles

    • A brief review of the types and forms of Reinsurance

    Proportional Reinsurance Treaties Wording and Clauses

    Proportional Treaties – Financial Aspects

    • Type of Premium Income
    • Reserving for unearned Premiums & Outstanding Losses
    • Accounting Methods – Accounting Year Basis and Underwriting Year Basis

    Workshop on Proportional Reinsurance Treaties

    DAY 2:

    Proportional Treaties – Financial Aspects (Continued)

    • Portfolios and Financial Deposits
    • Commissions
    • Profit Commission and Carrying Losses Forward

    Proportional Treaties – Financial Aspects (Continued)

    Non-Proportional Reinsurance Treaties Wording and Clauses

    Non-Proportional Treaties – Financial Aspects

    Non-Proportional Accounting – Premium

    • Treaty Bases – Issued and Renewed /policies Attaching /Risk Attaching, and Losses Occurring
    • Type of Treaties – Risk and Event Bases
    • Premiums & Deposit Premium
    • Premium Adjustment – Flat Rate Method & Burning Cost Method
    • Reinstatement Premium 

    Non-proportional Treaties – Financial Aspects (Continued)

    Workshop on Non-Proportional Reinsurance

    DAY 3:

    Non-proportional Treaties – Financial Aspects (Continued)

    Non-Proportional Accounting – Claims

    • Liability and Layering
    • Stability Clause
    • Currency Fluctuation Clause
    • Hours Clause

    Updated on 08 November, 2015

    About Arab Insurance Institute

    Created under the umbrella of the GAIF – General Arab Insurance Federation and owned by 40+ shareholders from insurance-related organizations from across the Arab world, The Arab Insurance Institute is an independent organization providing training and education to insurance-related organizations and inpiduals across Middle-East, Gulf and North Africa.

    their ctheirses and programmes are designed to support people from all disciplines in, or associated with, the insurance industry, both general and life; insurance and reinsurance providers, insurance brokers, loss adjusters, and insurance departments in other business sectors. The range of ctheirses is constantly expanding in response to demand.

    As experienced insurance practitioners and business leaders they know that in order to improve performance at work, training needs to develop practical skills as theyll as theoretical knowledge. To achieve this they bring together academic research, practical advice and guidance, professional development and rigorous standards to enhance technical competence and business capabilities. This is good for business, for society at large, and good for people's working lives.

    they combine of face-to-face delivery with the latest methods in technology-enabled learning, appropriate to the topic and programme requirements. Ctheirses are offered across the region, some from their permanent sites and others from temporary venues. their trainers are insurance practitioners and/or specialists in their field.

    See all Arab Insurance Institute courses
    Are you from Arab Insurance Institute ? Claim your course!
    Courses you can instantly connect with... Do an online course on Insurance starting now. See all courses

    Is this the right course for you?

    Rate this page

    Didn't find what you were looking for ?

    or