Reinsurance
300.000 د.ك
Level:
Intermediate
Intermediate
Type:
In Person
In Person
Dates:
12/07/2026 – 16/07/2026
12/07/2026 – 16/07/2026
Times:
4:00 pm – 9:00 pm
4:00 pm – 9:00 pm
Location:
Kuwait City, KIPCO Tower, 26th Floor
Kuwait City, KIPCO Tower, 26th Floor
In stock
Prerequisites
Participants are expected to have a sound understanding of general insurance principles, underwriting fundamentals, and basic financial concepts. Prior exposure to commercial insurance lines, underwriting, or claims is highly recommended. The program is particularly suitable for professionals working in underwriting, technical, finance, or reinsurance departments within insurance and reinsurance companies operating in the GCC/MENA region.
Program Overview
This five-day interactive course provides a comprehensive understanding of the fundamental principles and practices of reinsurance. Participants will examine the purpose of reinsurance, the roles of various parties involved (cedants, reinsurers, brokers, retrocessionaires), and the strategic importance of reinsurance in risk transfer, capital management, and solvency protection.
The program covers facultative reinsurance, proportional treaties (quota share and surplus), and non-proportional treaties (excess of loss and stop loss). Participants will analyze treaty structures, commission arrangements, premium calculations, claims recoveries, reinstatements, event limits, and reserve mechanisms.
The course also explores the design and placement of reinsurance programmes, including the combination of proportional and non-proportional structures, material disclosure requirements, reciprocity arrangements, and the impact of solvency and security considerations on programme decisions. Practical exercises will include numerical calculations of premiums and recoveries to enhance technical competence and real-world application.
The program covers facultative reinsurance, proportional treaties (quota share and surplus), and non-proportional treaties (excess of loss and stop loss). Participants will analyze treaty structures, commission arrangements, premium calculations, claims recoveries, reinstatements, event limits, and reserve mechanisms.
The course also explores the design and placement of reinsurance programmes, including the combination of proportional and non-proportional structures, material disclosure requirements, reciprocity arrangements, and the impact of solvency and security considerations on programme decisions. Practical exercises will include numerical calculations of premiums and recoveries to enhance technical competence and real-world application.
Learning Outcomes
To successfully complete this course, participants are expected to attend all scheduled sessions, actively engage in discussions and group activities, and demonstrate understanding of the course material through participation and assessments. Full completion requires meeting the minimum attendance criteria, contributing to interactive exercises, and achieving satisfactory performance in any evaluations or quizzes conducted during the program.
Intended Audience
This program is designed for supervisors, team leaders, and professionals with long-term ambitions of assuming managerial or technical responsibilities within underwriting or reinsurance departments. It is also suitable for insurance staff employed in support functions such as finance, actuarial, compliance, risk management, and operations who wish to develop a deeper understanding of reinsurance structures and programme design.
Trainer Bio
This program is proudly powered by FIFE.