Technical Reinsurance Accounts (Virtual Mode)

Programme Highlights

Reinsurance may be a relatively simple concept to grasp. However, at the operational level, some of its practices, especially on technical accounts, can be quite complex and difficult to comprehend. This is at least to the uninitiated, or those still new to reinsurance. Through lectures, exercises and discussions during this 2-day programme, participants will acquire detailed technical and practical knowledge of how the technical accounts for Proportional and Non-Proportional Reinsurance Treaties and Facultative are prepared and processed.

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14 CPD Hours
Mode: Virtual Instructor-led Training
Dates: 22 & 23 July 2026
Time: 9.00 a.m. to 5.00 p.m.

For Whom

Reinsurance Practitioners with 3 to 5 years of work experience.
Other Practitioners who wish to gain a better understanding of the technical fundamentals involved in the preparation of reinsurance accounts.

Key Learning Objectives

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

Distinguish between the different concepts and terminologies applied in Facultative, Proportional and Non- Proportional Reinsurance accounts.
Apply relevant knowledge and skills to confidently and accurately check, process and prepare the various types of accounts documents.

Programme Outline

An Overview of Reinsurance Concepts.
Technical Account:
- Proportional & Non-Proportional Facultative;
- Proportional Treaty:
  - Accounts Period Terminology - Underwriting Year, Accounts Year, etc.
  - Premium Basis – OGP / ONP
  - Premium and Loss Portfolios
  - Unearned Premium and Outstanding Loss Reserve Provisions
  - Basic Methods of Processing the Accounts
  - Commissions and Profit Commissions
  - Cash Loss – PLA’s
- Non-Proportional Treaty:
  - Period of Cover – LOD, RAD, LDD and clauses to look for e.g. RAD and Interlocking
  - Premium Calculations (i.e. Adjustable Rate; Burning Cost, etc.)
  - Reinstatements
  - Interlocking Clause
  - Currency Fluctuation Clause
  - Index Clause – SIC
  - Accounts for other Types of Covers (e.g. Stop Loss; Retrocession; etc.)

Programme Leader

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.

Programme Fee

Singapore-based Participant: S$869.82 (inclusive of 9% GST)

Overseas-based Participant: S$798.00

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

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