Intermediate Technical Reinsurance Accounting

This application-based course aims to provide participants with more exposure to the know-how and mechanism of Reinsurance Accounting. Participants will learn the various uses of reinsurance accounting, the accounting related terms appearing in slips/ wording, including the administration process for proportional and excess of loss (XL) treaties, as well as the reinsurance accounting provision, method of unearned premium calculation and the alternative to reinsurance commission. The basic understanding of IFRS 17 will also be provided.

Recommended for

  • Reinsurance/Retakaful practitioners, reinsurance executives, treaty claims handlers, executives from regulatory bodies who are involved in retakaful/reinsurance.
  • Anyone who wishes to have better understanding of the fundamentals in the preparation of technical reinsurance accounts.

22 & 23 July 2024
9.00 a.m. - 5.00 p.m.

Method: In-Person Training
CPD Hours: 14
Registration Closing Date:
18 July 2024

About the trainer:

YAP HONG PENG, CAROLINE
AMII & ACII

Caroline has over 25 years of experience in the reinsurance industry and her expertise involves reinsurance underwriting on motor and non-motor classes of insurance; claims management (motor and non-motor); client management (local and international insurers); reinsurance accounting; credit control or debtor management; management of run-off reinsurance portfolios in Asia; commutation of reinsurance portfolios; and conducting in-house training.
Course Outline
Day 1
  • Introduction
  • Source of Reinsurance Accounts
  • Process Flow Proportional Treaty
  • Proportional Account Items
  • Process Flow – Excess of Loss Treaty
  • Excess Loss of Accounting Items
Day 2
  • Continuation of Excess ofAccounting Items
  • Other relevant clauses
  • Unearned Premium Calculation
  • Commission Method
    • Flat %
    • Sliding Scale Commission
  • Exercise

Contact Info

The Malaysian Insurance Institute 197701004772 (35445-H),
Level 6, Bangunan AICB,
No. 10 Jalan Dato’ Onn,
50480 Kuala Lumpur, Malaysia 

Tel : +603 2712 8882

Email : customercare@mii.org.my

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