The international business of reinsurance is evolving. Traditionally, reinsurance transactions were between two insurance entities: the primary insurer that sold the original insurance policies and the reinsurer. Most still are.
Increasingly, though, new products are reflecting a blending of reinsurance and investment banking, making an understanding of reinsurance ever more important to the audience beyond a reinsurer's walls.
Fundamentals of P&C Reinsurance provides a complete foundation on the mechanics of the property and casualty reinsurance business, including the structures and types of contracts, their uses as a risk and financial management tool, and their impact upon insurance organizations.
Whether you're an analyst or investment banker covering the insurance industry or an industry professional concerned with understanding the reinsurance business, you'll find Fundamentals of P&C Reinsurance to be the most complete, yet compact guide to the reinsurance industry available.
To impart a thorough grasp of reinsurance through an examination of:
- Industry products
- How and to what purpose the various products are used
- The risk factors associated with reinsurance for users and providers
Attendees will leave the program with:
- An understanding of the purpose, multiple uses and impact of reinsurance contracts
- The ability to dissect the structure of a company's reinsurance program
- Insight into the credit implications of the reinsurance relationship
- Knowledge of the capital requirements of primary insurers vs. reinsurers
- An understanding of the regulatory and accounting environment of the international reinsurance business
This program presumes a foundational understanding of the insurance industry and familiarity with basic accounting and finance concepts.