Level: Beginner
Why you need this course:
After completing this course, you’ll have a solid understanding of how insurers can use reinsurance to achieve their operational and financial objectives.
Upon successful completion of this course, you should be able to:
- Describe reinsurance and its six principal functions:
- Increase large line capacity
- Provide catastrophe protection
- Stabilize loss experience
- Provide surplus relief
- Facilitate withdrawal from a market segment
- Provide underwriting guidance
- Describe treaty reinsurance and facultative reinsurance.
- Describe the three sources of reinsurance:
- Professional reinsurers
- Reinsurance departments of primary insurers
- Reinsurance pools, syndicates, and associations
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found
here.
Reinsurance Fundamentals Topics Include:
- Reinsurance and its six principal functions
- Treaty reinsurance and facultative reinsurance
- Three sources of reinsurance
Additional Course Resources
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
