Title |
MII Workshop on Reinsurance Underwriting |
Date |
30 – 31 July, 2012 |
Duration |
2 Days |
Level |
Intermediate |
Time |
9.00 am to 5.00 pm |
Venue |
The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur |
Trainer |
TBA |
Who Should Attend |
- Insurance Industry Personnel who have basic knowledge in Insurance or basic knowledge in Reinsurance.
- Non– insurance personnel whose work require an understanding or practical knowledge of the subject
- Anyone who require knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- better understand the underwriting on Inward Treaty Reinsurance business with the goal of writing for profit
- understand the “pitfalls” in the underwriting of such business
|
Course Content |
- Setting the scene for underwriting inward reinsurance business
- Defining objectives
- Fixing the line limits and retention
- Estimating the cost of acquisition and processing of the business
- Accumulation exposures and reinsurance protection
- Developing systems and control on the reinsurance business underwritten
- Underwriting data
- Accounts
- Claims
- Outward Reinsurance (Retrocession)
- Recording Liabilities
- Underwriting Statistics
- Ensuring adequate reserving for medium-tail and long-tail reinsurance business
- Development Year (Triangulation) Statistics
- U.P.R . and I.B.N.R. (and/or I.B.N.E.R)
- A suggested check-list for underwriting inward reinsurance business
|
