Title |
MII Basic Course in Reinsurance |
Date |
19 – 20 March, 2012 |
Duration |
2 Days |
Level |
Basic |
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 |
- New Entrants
- Insurance Industry Personnel
- Non-insurance personnel whose work require a basic understanding or a practical knowledge of the subject
- Anyone who requires basic knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will be able to :
- explain the importance and need for reinsurance protection
- understand the principles underlying the reinsurance business
- describe the roles of the parties involved in the reinsurance market
- identify the various types of reinsurance contracts
- identify the factors involved in reinsurance underwriting and programme
- understand the process of fixing retention
|
Course Content |
Session 1
- Introduction
- Need for Reinsurance
- General Principles of Reinsurance
- Law of Reinsurance
Session 2
- Reinsurance market
- National Market
- Buyers, Sellers and Intermediaries
- National and International
Session 3
- Types of Reinsurance
- Facultative Reinsurance
- Proportional Reinsurance Treaties
(a) Quota Share Treaties
(b) Surplus Treaties
- Non -proportional Reinsurance Treaties
(a) Excess of Loss Treaties
(b) Stop Loss / Excess of Loss Ratio
Session 4
Session 5
Session 6
Session 7
- Administration and Accounting
|
