INSTITUTE OF APPLIED MATHEMATICS
Last Updated:
28/08/2017 - 21:10

IAM558 - Reinsurance Theory

Credit: 3(3-0); ECTS: 8.0
Instructor(s): Consent of IAM
Prerequisites: Consent of Instructor(s)

Course Catalogue Description

Fundamentals of reinsurance including historical development, terminology and distribution systems. Treaty forms, facultative reinsurance, underwriting, rating, accounting and contract issues, analysis of annual statement, testing methods, advanced rating methods in property and casualty excess contracts, analysis accumulations, retention, contract wording and programming.

Course Objectives

Course Learning Outcomes

Tentative (Weekly) Outline

Fundamentals of reinsurance including historical development, terminology and distribution systems. Treaty forms, facultative reinsurance, underwriting, rating, accounting and contract issues, analysis of annual statement, testing methods, advanced rating methods in property and casualty excess contracts, analysis accumulations, retention, contract wording and programming.

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