This programme is suitable for:

• Life insurance underwriters
• Life reinsurance underwriters and brokers
• Actuarial and pricing professionals
• Product development specialists
• Risk and capital management professionals
• General insurance or reinsurance practitioners seeking to expand into life business

It is especially relevant for intermediate-level professionals involved in treaty structuring, pricing, capital optimisation, and longevity risk management.

At the end of the programme, participants should be able to:

• Explain core life insurance and reinsurance product structures
• Analyse why life insurers utilise reinsurance (risk, capital and expertise)
• Distinguish between proportional and non-proportional applications in life business
• Explain the difference between Sum Assured and Sum at Risk and its impact on cessions
• Understand the importance of Facultative Reinsurance and Jumbo Limits
• Evaluate the impact of longevity trends and pandemics on reinsurance strategy
• Describe the fundamentals of ILS and structured reinsurance solutions

• Introduction to Life Insurance Products
• Core Life Reinsurance Structures
• Why Life Insurers Buy Reinsurance
• Technical Considerations:
  
  • Original Terms vs Risk Premium
  • Sum Assured vs Sum at Risk
  • Jumbo Limits
• Facultative Reinsurance
• Recapture Provisions
• Longevity Risk & Changing Demographics
• Insurance Linked Securities (ILS)
• Structured Reinsurance & Adverse Development Covers
• Pandemic Impact and Capital Considerations

Peter Cave, based in the UK, is a regular lecturer for the Singapore College of Insurance, having spent the past 3 decades running very successful practical Reinsurance Courses in many major centres world-wide. He has over 40 years’ of working experience in the international reinsurance market, the majority of this time being with a leading international reinsurance broker.

He is the Senior Partner of The Confidence Partnership as well a Senior Lecturer for the Chartered Insurance Institute, United Kingdom. He has one overall aim when running courses – to make the complex understandable, the boring interesting and to convince attendees that Reinsurance is fun.

Full Course Fee: S$651.82 (inclusive of 9% GST)

Participants who register by 24 May 2026 will be entitled to a 10% Early Bird Discount.

A 10% Group Discount is also applicable for organisations registering a minimum of three participants.

Please note that the Early Bird and Group Discounts are not cumulative.

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Net Course Fee: S$472.42 (incl. of 9% GST and after 30% FTS funding)

For Singapore Citizens below 40 years old and Singapore Permanent Residents

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Net Course Fee: S$233.22 (incl. of 9% GST and after 70% FTS funding)

For Singapore Citizens aged 40 years old and above

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This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.

The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps.  FTS provides up to 70% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.

Find out more on www.ibf.org.sg.