Demystifying Reinsurance: A Basics of Property/Casualty Reinsurance Course, May 14-16, 2012
A Basics of Property/Casualty Reinsurance Course Date: May 14-16, 2012 Location: Allerton Hotel, Chicago, IL
Program: Taught by reinsurance industry experts from Swiss Re, Guy Carpenter, Munich Re America, RGA Re and more, the seminar provides a thorough introduction to the purpose and structure of reinsurance. Attendees are guided through all steps of the reinsurance transaction and its impact on an insurance company’s bottom line. The program covers property/casualty reinsurance with a basic introduction to life reinsurance.
Learning Objectives: • Distinguish insurance from reinsurance; • List the types of, and approaches to, reinsurance coverage; • Define risk transfer and list risk transfer requirements; • Explain the impact of a reinsurance transaction on the financials of an insurance company; • Identify and discuss the types and specific features of different reinsurance contracts;
• Structure a reinsurance program by applying specific approaches to the reinsurance coverage and choosing appropriate contract wording;
• Discuss the marketplace and market trends; • Identify and list the components of key Annual Statement schedules; • Differentiate between SAP and GAAP accounting; • Explain how reinsurance is regulated.
Who should attend:
The program targets reinsurance and broker company employees, Insurance company professionals, attorneys specializing in reinsurance, and regulators/staff.
The Reinsurance Association of America (RAA) has over 40 years of experience providing unparalleled expertise and resources for high-level forums and educational programs.
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