C47 – Reinsurance
Reinsurance is the insurance of insurers. In this 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. We recommend you take courses C12, C13 and C14 before this one.
Chapter Outlines:
- Introduction to reinsurance
- Methods and types of reinsurance
- The proportional treaty agreement
- The non-proportional treaty agreement
- Conditions applicable to both proportional and non-proportional treaties
- Functions of reinsurance
- The price of reinsurance
- Reinsurance relationships
- Miscellaneous reinsurances
