PRINCIPLES & PRACTICES OF REINSURANCE
The Principles and Practices of Reinsurance course provides acceptance and exemptions from the Associateship of Chartered Insurance Institute (ACII) programme.
The Principles and Practices of Reinsurance course are designed for students to have an acceptable level of knowledge, understanding, and application of Reinsurance. Students will be able to outline the knowledge of nature and function of reinsurance, the operation of quota share and surplus treaties, law relating to reinsurance and placing of reinsurance and the reinsurance markets.
THIS COURSE COVERS NINE (9) BROAD AREAS NAMELY:
– Introduction to Reinsurance
– Operation of Quota Share and Surplus Treaties
– Operation of excess of Loss Reinsurance Treaties
– Law Relating to Reinsurance
– Placing of Reinsurance
– Reinsurance Markets
– Property Reinsurance
– Casualty Reinsurance
Regional Focus – Pursue your option for insurance job throughout the Caribbean.
Insurance Personnel – Working in insurance and non-insurance capacities.
Career in Insurance – Persons hoping to pursue a career in insurance.
Student Dedication – Starting a new carrier path.
Career Placement – Persons interested in pursuing the Associateship of Chartered Insurance Institute designation.
HIGH SCHOOL LEAVERS:
Four (5) CXC, GCE or CSEC passes (including Mathematics and English Language or a Mathematical subject).
CHANGE OF CAREER & JOB EXPERIENCE:
Twenty-five (25) yeas of age have passes in Mathematics and English Language or a Mathematical subject.