Level: Beginner/Intermediate
Why you need this course:
After completing this course, you’ll have a solid understanding of how insurers can use reinsurance to achieve their
operational and financial objectives.
Upon successful completion of this course, you should be able to:
- Describe reinsurance and its principal functions.
- Describe the three sources of reinsurance.
- Describe treaty reinsurance and facultative reinsurance.
- Describe the types of pro rata reinsurance and excess of loss reinsurance and their uses.
- Describe finite risk reinsurance and other methods that rely on capital markets as alternatives to traditional
and nontraditional reinsurance.
- Describe the factors that should be considered in the design of a reinsurance program.
- Given a case, identity the reinsurance needs of an insurer and recommend an appropriate reinsurance program to
address those needs.
- Explain how reinsurance is regulated.
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.
Reinsurance Operations Topics Include:
- Reinsurance and its functions
- Reinsurance sources
- Reinsurance transactions
- Types of reinsurance
- Alternatives to traditional reinsurance
- Reinsurance program design
- Case studies in reinsurance program design
- Reinsurance regulation
Additional Course Resources
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.