DAY ONE
Registration
and continental breakfast open at 7:30 a.m.
Program begins at 8:30 a.m.
Introduction and Overview (Part 1)
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Definitions and industry overview |
| • |
The regulatory environment of the international business of reinsurance |
| • |
Credit implications and risk factors |
| • |
Accounting conventions and risk transfer rules |
Break
Introduction and Overview (Part 2)
| • |
Measurement basis for statistical purposes |
| • |
How reinsurance coverage is applied in contrast to insurance coverage |
| • |
Facultative vs. treaty reinsurance |
Lunch
Fixed Split Proportional Reinsurance
| • |
Coverage |
| • |
Benefits and costs |
| • |
Uses and functions |
| • |
Basic accounting impacts |
| • |
Adjustments |
Break
Variable Split Proportional Reinsurance
| • |
Coverage |
| • |
Benefits and costs |
| • |
Uses and functions |
| • |
Basic accounting impacts |
| • |
Adjustments |
Day One concludes at approximately 4:30 p.m.
DAY TWO
Continental breakfast opens at 7:30 a.m. Program begins at 8:30 a.m.
Non-proportional Reinsurance (Part 1)
| • |
Coverage |
| • |
Benefits and costs |
| • |
Uses and functions |
Break
Non-proportional Reinsurance (Part 2)
| • |
Basic accounting impacts |
| • |
Adjustments |
Lunch
Contract Anatomy
| • |
Contract structures |
| • |
Key clauses |
Break
Layering Concepts
| • |
How and why reinsurance structures are created and marketed |
| • |
Inuring and underlying reinsurance: the relationship between various layers of reinsurance covers |
| • |
Retrocession: how and to whom reinsurers will "lay off" risk |
Alternative Risk
| • |
Ways to enhance or substitute for reinsurance |
| • |
Cat bonds |
| • |
Sidecars |
| • |
Captive insurance companies |
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Other risk-shifting measures |
Day Two concludes at approximately 4:30 p.m.
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