Reinsurance Training workshop

One full-day

14 May 2025, 09.30-16.30 (UK)

This workshop, will provide you with an introduction, leading to a deeper insight into reinsurance.

Public course booking

Members: £189pp
Non-members: £249pp

To book this workshop for yourself or up to 6 Delegates, please complete the below form:

Corporate (In-house) training

To book this workshop for your company as a corporate (in-house) training session for between 7-16 Delegates, on a date that's convenient for you, please complete the below form to register your interest:

Summary

Dates: 14 May 2025

Timings: 09:30 - 16:30 (UK)

 Duration: Full day

 No of attendees: 12-16

 Format: Online - Virtual delivery

 CPD: Recognised

Trainer: Ed Gooda

Price: £189 Members/£249 Non Members

What will I achieve by attending the workshop? 

On completion of the workshop, delegates will be able to understand:

INTRODUCTION

• Understand the concept of risk
• Understand the concept of insurance and reinsurance 
• Appreciate the need for and benefits of reinsurance
• Outline the limitations of reinsurance 
• Describe the fundamental legal principles of insurance and reinsurance 
• Be aware of the history of insurance and reinsurance
• Outline the important centres of reinsurance
• Identify the constituents of the reinsurance market
• Appreciate the institutions which provide reinsurance training and education 
• Discuss the professions and trade associations that support reinsurance 
• Outline the methods and forms of reinsurance
• Describe the advantages and disadvantages of the forms of reinsurance
• Be aware of the importance of a comprehensive Reinsurance Management Strategy
• Outline the summary of a reinsurance programme in diagrammatic illustrations 
• Explain the reinsurance allocation of a sum insured and loss in the reinsurance programme 
• Discuss the consequences of under-reinsurance 

INTERMEDIATE

• Appreciate the reasons for facultative reinsurance 
• Identify the advantages and disadvantages of facultative reinsurance 
• List the types of facultative reinsurances available
• Explain the process of arranging facultative reinsurance 
• Outline the calculation in determining the amount of facultative reinsurance requirement 
• Identify the differences between proportional treaty and excess of loss (non-proportional)
• Outline the workings of a quota share treaty, surplus treaty and facultative obligatory treaty
• Describe the concept of one line retention and proportional treaty limit
• List the advantages and disadvantages of a quota share treaty, surplus treaty and facultative obligatory treaty
• Explain the process of concluding a proportional treaty
• Be aware of the combinations of covers
• Describe the other types of reinsurance arrangements
• Discuss the pricing of proportional treaties
• Understand the principles of excess of loss reinsurance
• Understand the differences between per risk excess of loss, stop loss, annual aggregate limit excess of loss, top and drop and clash cover 
• Be aware of the different ways in which risks and losses attach to reinsurance covers
• Know the main methods used to price an excess of loss reinsurance programme
• Describe the reinstatement of an excess of loss cover
• Appreciate the issues arising from event and aggregation of losses
• Appreciate what technical accounting means and what it entails in reinsurance
• Understand technical accounting under facultative contracts and under treaty contracts
• Be aware of the technical procedure under excess of loss contracts
• Identify when funding may be necessary 

Who should attend?

Insurers, Reinsurers, Brokers, MGAs, underwriters, claims, compliance, actuaries and anyone looking to further their knowledge and understanding of reinsurance.

Corporate Solutions

We are able to offer training specifically for your company as a corporate (in-house) training session, for a set fee.

We can support your business with off-the-shelf courses for those studying our financial services units, our insurance units or those looking to develop their knowledge in a wide variety of technical and leadership areas. A full list of courses can be viewed in our 2025 Corporate Training Catalogue.

Please speak with your Relationship Manager who can explore your learning needs further or contact: business.enquiries@cii.co.uk

Public course booking form

Corporate (In-house) training

Interested in other courses?

For enquiries about this course, please email to: business.enquiries@cii.co.uk

Please note: The price of the workshop is based on British Pound Sterling (GBP). The purchase price will be processed using the relevant international currency conversion rate at the point of sale. Contact us for further information.

CII workshops are sold on a first come first serve basis, and therefore availability may change, depending on the number of bookings received. Once a workshop becomes full, the above date will no longer be available, and new dates will be published.

We reserve the right to postpone the above workshop dates, subject to a minimum number of bookings received. Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.

Can't attend on this date? Register your interest in other training workshops and future dates.

Please ensure you refer to our terms and conditions before booking on to any of our training workshops. By booking on to this workshop, you are agreeing to our terms and conditions and for your information to be shared with our training provider.