Property and Casualty Reinsurance Fundamentals

Overview

As the industrial world becomes increasingly complex and the values of property more concentrated, the need for reinsurance becomes increasingly pronounced. This course is intended as an introduction to reinsurance, providing an overview of the key aspects of reinsurance as well as the role of this important risk financing mechanism plays in insurance programs.

Learning Objectives

Upon completion, students will be able to:

  • identify and distinguish among the basic types of reinsurance
  • recognize the various ways in which insurance programs can utilize reinsurance
  • recognize the roles of various parties involved in the reinsurance transaction
  • understand how reinsurance programs are structured and claims are paid

Designed For

Property and casualty insurance agents, brokers, and adjusters at any level in their career

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
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