Understanding Property and Liability Reinsurance

Course ID:  103

Description: 

Today, more than ever, insurance practitioners need to know about reinsurance. Reinsurance affects
insurance availability and primary market premium levels, plays a key role in financing catastrophic
losses, and received significant publicity because of finite reinsurance issues. Reinsurance used to be
nearly invisible to members of the public, insurance buyers, and most insurance personnel working
with primary insurance, but that has changed.  This course equips insurance practitioners with a basic
understanding of reinsurance, briefly described as “insurance for insurance companies.”  In this course
students will learn the nature and purpose of property and liability reinsurance as well as the basic
features of reinsurance contracts and how they are directly and indirectly regulated.  Issues surrounding
finite insurance and other current issues are briefly examined.  Self-tests throughout the course will give
students an opportunity to test their knowledge of concepts presented in the course.

TOPICS

• Objectives of Reinsurance

• The Reinsurance Contract

• Characteristics of Reinsurance Risk

• Reinsurance Regulation

• Finite Reinsurance

• Current Issues in Reinsurance

• Where to Learn More About Insurance and Reinsurance

Tuition:  $50 Member, $65 Non-member per registration plus CE fees if applicable.

Log-on date:  Upon receipt of Welcome@WebCourse.com email message. 

Course Length:  Estimated 4 hours to complete.

Time:  Course will be open for 60 days from the day the WebCourse email welcome message is sent.

Insurance Continuing Education Credits: 4 PA, 4 NJ, 4 DE, 4 MD

Comments:  No text required.  Self-tests and final exam.  Final Examination is mandatory only for CE Credits. 

Click here to complete registration form.