Property & Casualty Reinsurance Introduction

Line of Business: Property & Casualty
Level: Introductory
Date:18 - 22 Mar 2019
Duration: 5 days
Location: Switzerland

Target Group

This course caters for the needs of insurance professionals who will deal with reinsurance business in their daily activities.

Background requirements: While they already have some knowledge of insurance, they have little to no prior knowledge of reinsurance. To attend this seminar, participants should have a basic knowledge of the principles of insurance: insurable interest, utmost good faith, indemnity, contract law, insurance law. Swiss Re Academy reserves the right to postpone applications from candidates not yet fulfilling above prerequisites.

Training Goals

Participants will understand the various functions of reinsurance, including its breadth of services and products which collectively help an insurance company to improve its balance sheet. They will understand how the different types of proportional and non-proportional reinsurance treaties operate, how to structure a reinsurance programme and how to price it. They will know the various structured reinsurance solutions.

Content / Agenda

•    Introduction to reinsurance: functions and nature of reinsurance, its services and products
•    Traditional reinsurance treaties
•    Structuring reinsurance programmes
•    Pricing models: fundamentals of reinsurance pricing approaches
•    Structured reinsurance solutions