Summary
This one day interactive course takes the subject of Reinsurance to a more advanced level.
The course is designed for those who have some experience of reinsurance who would like a more detailed explanation of the different types of reinsurance available and how they operate.
What we will cover
- Proportional treaties – proportional and surplus
- Allocation of risks
- Year of account
- Premium and claims reserves
- Large loss notifications
- Profit commission
- Portfolio transfers
- Non-Proportional treaties
- Premium bases
- Flat or adjustable
- Minimum and deposit premiums
- Adjustments
- Burning costs
- Claims bases
- Reinstatements
- Facultative Quota Share
- Facultative Excess of Loss
- Aggregate and stop loss treaties – claim calculations