Please note that the final examination for this course is a
computer-based exam.
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.
Course Note: Unless you
have professional experience in these areas, we strongly advise that you have
taken the following courses before you take C47
:C12:
Insurance on Property,
C13: Insurance Against Liability—Part 1,
and
C14: Automobile Insurance—Part 1.
Course
Outline
• Introduction to
reinsurance
• Methods and types of reinsurance
• Functions of
reinsurance
• The proportional treaty agreement
• The
non-proportional treaty agreement
• Conditions applicable to both
proportional and non-proportional treaties
• Reinsurance
programs
• The price of reinsurance
• Reinsurance
relationships
• Miscellaneous types of reinsurance
Who Should
Register
All insurance courses offered by
The Insurance Institute are designed for individuals who want to attain a highly
recognized and respected professional designation in the p&c industry. The
professional designation Chartered Insurance Professional (CIP) is recognized
across Canada and elsewhere around the world as the benchmark of insurance
professionalism.
Reinsurance is for industry professionals,
including brokers
and agents, underwriters
and adjusters,
who want a comprehensive p&c education and the skills and knowledge required
to advance their careers.