C47

Reinsurance

About Topics Classes Exam
C47

About this course

Reinsurance is the insurance of insurers. In this Reinsurance course, you are introduced to its principles and applications. You study the main types of reinsurance and their contribution to and importance in maintaining a stable insurance industry. Please be aware that Reinsurance is a difficult course if you lack a strong basic understanding of property, liability and automobile insurance.
Professionals talk at a meeting

What to expect

If you do not have professional experience in property, liability and automobile insurance, we strongly advise that you have taken the following courses before you take C47:
C12: Insurance on Property
C13: Insurance Against Liability—Part 1
C14: Automobile Insurance—Part 1

Topics

  • An Introduction to Reinsurance
  • Methods and Types of Reinsurance
  • The Treaty Document
  • Proportional Treaty Agreements
  • Excess of Loss Treaty Agreements
  • The Cost of Reinsurance
  • Reinsurance Programs
  • Managing for Reinsurance

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