General Training

 

INTRODUCTION TO REINSURANCE

 

Key learning Outcomes

At the end of the course, participants will be able to:
• understand the historical beginning of insurance and reinsurance.
• explain the various definitions of reinsurance.
• explain the main purpose of reinsurance.
• understand the Global Reinsurance Market Place and main market practice.
• explain the Legal Principal of reinsurance.
• enderstand the basic types and operation of reinsurance.
• apply the basic process of reinsurance underwriting.
• understand the method of fixing retention.
• apply the basic approach of reinsurance programming.
• understand the basic reinsurance claims.
• understand the basis of reinsurance accounting.
• understand the Statutory provisions relating to reinsurance.