Overview
Reinsurance is a critical component of modern insurance operations, enabling insurers to manage risk exposure, expand underwriting capacity, and maintain financial stability. By transferring portions of risk portfolios to reinsurers, insurance companies are able to protect their balance sheets and support the underwriting of larger and more complex risks.
This course provides practical insights into the application of reinsurance within insurance companies and the role it plays in everyday insurance operations. Participants will develop an understanding of key reinsurance structures, treaty and facultative arrangements, and how reinsurance programmes are designed to support effective risk management.
The programme also explores how insurance practitioners interact with reinsurers and brokers, and how reinsurance supports underwriting strategy, portfolio management, and long-term financial resilience.
Who Should Enrol
This course is designed for professionals working within insurance and reinsurance operations, including:
- Insurance underwriters and underwriting assistants
- Reinsurance officers and technical staff
- Insurance brokers and intermediaries
- Risk and finance professionals within insurance companies
- Claims professionals involved in reinsurance recoveries
- Professionals seeking practical knowledge of reinsurance operations
What You Will Learn
Participants will gain practical knowledge and understanding of:
- The role of reinsurance in insurance risk management
- Key types of reinsurance arrangements including treaty and facultative reinsurance
- How reinsurance programmes are structured within insurance companies
- The relationship between insurers, reinsurers, and reinsurance brokers
- The role of reinsurance in supporting underwriting capacity and financial stability
- Practical considerations in managing reinsurance relationships
Learning Pathway
This course forms part of the IIEA E-Academy Learning Pathway Framework™ for Advanced Insurance Professionals, designed to strengthen technical expertise across key areas of insurance practice.
Certification
Participants who successfully complete the course requirements will receive a Certificate of Achievement recognising their successful completion of the programme.
This course complements other technical insurance programmes such as:
- Understand Reinsurance
- Underwriting Concepts and Practices
- Industrial All Risk Insurance (IAR)
and helps build practical expertise in reinsurance operations and insurance risk management.
Download BrochureLearning Outcomes
After completing this course, you will be able to: -
- Define reinsurance;
- Describe the benefits of reinsurance;
- Describe the purposes reinsurance accomplishes;
- Identify the different forms reinsurance can take;
- Discuss important principles and terminologies associated with reinsurance;
- Describe how the reinsurance industry is structured; and
- Explain how reinsurance is transacted.