Key learning Outcomes
At the end of the course, participants will be able to:
• Explain the different types of treaty contract and it application • Explain the basic outline of the contract document or check the composition of a contract using the information from the study material. • Explain the risk details for a simple proportional treaty contract using the information from the study material • Explain the risk details for a simple excess of loss treaty contract using the information from the study material • Analyse the various clauses applicable to a proportional contract • Analyse the various clauses to an excess of loss contract • Analyse the advantages and disadvantages of its use or application in the contract • Explain how contract certainty can be achieved • Explain the requirements/pitfalls to drafting or checking • Apply what they have gained from the course from the course to discuss/negotiate on contract wording construction
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Key Course Contents
Day 1 • Icebreaking • Background information • Structure of a treaty contract • Risk details - Proportional Treaties • Clauses - Proportional Treaties • Clauses - Excess of Loss Programme
Day 2 • Continuation of Clauses – Excess of Loss Programme • Warranties, Conditions Precedent and Exclusions. • Contract Certainty • The Process • Case Study
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Who Should Attend
•Reinsurance/retakaful practitioners, reinsurance executives, treaty claims handlers, executives with regulators who are who are involved in retakaful/reinsurance
• Anyone wishing to have better understanding of treaty reinsurance/retakaful clauses.
Fees
Category |
Local Fee (RM) |
International Fee (USD) |
Non-Member |
1490 |
400 |
Group (Non Member) |
1430 |
380 |
Group (Member) |
1220 |
- |
Member |
1280 |
- |
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