Course details
This course forms part of the BIBF Advanced Insurance Diploma (BAID) covering different aspects of Reinsurance.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Describe the purpose of and the parties to reinsurance
- Discuss the fundamental issues of reinsurance including main methods of reinsurance, common reinsurance clauses, premium income and its adjustment, retrocession and alternative risk transfer mechanisms
- Apply the features and operation of facultative reinsurance
- Apply the features and operation of proportional and non-proportional reinsurance treaties
- Discuss the design of reinsurance programs, main market practices and legal issues related to reinsurance contracts
- Classify the accounting methods used for different types of reinsurance
Target Audience
Insurance employees, Brokers, Agents, Loss Adjusters, Employees who manage insurance in non-insurance companies
Entry Requirements
Introduction to Insurance and Insurance Documentation?????????? 401??????
?? Possess BIID certification to obtain BAID certification
Updated on 08 November, 2015Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
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