Title

INTENSIVE COURSE IN REINSURANCE

Date

21 – 23 February, 2012

Duration

3 Days

Level  

Intermediate / Advance

Time

9.00 am to 5.00 pm

Venue

Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746 Kuala Lumpur,
Malaysia

Tel (603) 4042 5555
Fax (603) 4041 7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com

Trainer

1. Mr. Arumugam Kannusamy

About Programme

The course addresses actuaries, claims, finance & underwriters personnel who wish to gain a comprehensive overview about reinsurance in particular treaty contracts and its role in the operation of an insurance company. Participants will learn the importance of statistical and financial budgetary information required in the arrangement of treaty contracts.

Key Learning Objective          

• Different type of reinsurance contract commonly in practice
• How this contracts compliment the various general insurance classes
• Key features in the treaty contract wordings and its importance on everyday practice
• Designing treaty programme and setting of retention
• Accounting practice
• Development on the use of reinsurance to complement capital & RBC

Key Course Contents

• Background to Reinsurance
• Law relating to Reinsurance
• Types of Reinsurance Contract
• Reinsurance Underwriting
• Statistics and Management Report
• Fixing Retention and Capacity
• Rating & Terms
• Application of Reinsurance Contract:
  Property, Accident, Motor and Liability, Marine and Aviation, Life
• Treaty Accounting
• Financial Aspects of Reinsurance
• Treaty Wordings
• Some Finer aspects on application of Reinsurance Contracts-Input from a Direct Underwriter
• Risk Base Capital-application to Reinsurance Contracts
• Malaysian Insurance Act 1996 and Guidelines applicable to Reinsurance Contract
• Engaging a Reinsurance Broker role and responsibility
• Reinsurance Market


***Case Studies

Course Fee Per Person

Fees Category

LOCAL

INTERNATIONAL

Single Registration

RM 1960

USD 900

Group Registration

20% Discount will be given to the fourth and subsequent registration