Custom Courses Accounting and Finance

Reinsurance Management Training

SAQA US AATICD-0192 | NQF 5 | Credits 10 | Duration 5 Days
From $913 per delegate

Description

This course equips learners with the principles and practices of reinsurance management, enabling them to structure, evaluate, and optimize reinsurance programs. It covers risk transfer mechanisms, treaty and facultative reinsurance, and regulatory compliance within the South African insurance context. Learners will gain the skills to manage reinsurance operations effectively and support organizational risk management strategies.

Learning Outcomes

  • Apply the principles of reinsurance to manage risk transfer and capital adequacy.
  • Analyze different types of reinsurance treaties and facultative arrangements.
  • Evaluate reinsurance program structures and pricing methodologies.
  • Demonstrate compliance with regulatory requirements and reporting standards.
  • Design a basic reinsurance program to meet organizational objectives.
  • Assess the financial impact of reinsurance decisions on solvency and profitability.

Target Audience

This course is designed for insurance professionals, risk managers, underwriters, and finance staff involved in reinsurance operations or seeking to deepen their understanding of reinsurance management.

Prerequisites

None — open enrollment

Course Outline

Day 1: Introduction to Reinsurance Concepts

Objectives:
• Understand the definition and purpose of reinsurance
• Differentiate between primary insurance and reinsurance
• Identify key stakeholders in the reinsurance market
• Explain the role of reinsurance in risk management
• Recognize the regulatory environment for reinsurance in South Africa

Topics:
• What is reinsurance? Definitions and basic principles
• History and evolution of reinsurance
• Types of reinsurance: facultative vs. treaty
• Reinsurance market participants: cedants, reinsurers, brokers
• The role of reinsurance in capital management and solvency
• Overview of the South African reinsurance regulatory framework

Day 2: Types and Structures of Reinsurance

Objectives:
• Describe proportional and non-proportional reinsurance structures
• Explain quota share and surplus share arrangements
• Understand excess of loss and stop loss treaties
• Analyze the mechanics of risk transfer in different structures
• Evaluate the advantages and disadvantages of each type

Topics:
• Proportional reinsurance: quota share and surplus share
• Non-proportional reinsurance: excess of loss (per risk, per event, aggregate)
• Stop loss reinsurance and its applications
• Facultative vs. treaty reinsurance: when to use each
• Clauses and wordings in reinsurance contracts
• Pricing considerations for different structures

Day 3: Reinsurance Program Design and Pricing

Objectives:
• Design a basic reinsurance program for a property or casualty portfolio
• Calculate reinsurance premiums using different methods
• Understand the concept of exposure and experience rating
• Apply risk appetite and retention levels in program design
• Evaluate the impact of reinsurance on financial statements

Topics:
• Steps in designing a reinsurance program
• Retention levels and risk appetite
• Exposure rating: using exposure curves
• Experience rating: loss development and trend analysis
• Pricing methods: pro-rata, risk premium, and burning cost
• Financial impact: reinsurance recoverables and income statement effects

Day 4: Reinsurance Operations and Claims Management

Objectives:
• Explain the operational processes in reinsurance transactions
• Manage reinsurance claims: notification, adjustment, and recovery
• Understand reporting requirements and data management
• Analyze the role of technology in reinsurance operations
• Apply best practices in reinsurance administration

Topics:
• Reinsurance placement and documentation
• Bordereaux reporting and data quality
• Claims handling process: from notification to settlement
• Reinsurance recoverables and cash flow management
• Technology in reinsurance: blockchain, AI, and data analytics
• Compliance and audit considerations

Day 5: Advanced Topics and Case Studies

Objectives:
• Analyze complex reinsurance structures like alternative risk transfer
• Evaluate emerging risks: cyber, climate change, pandemic
• Apply reinsurance concepts to real-world case studies
• Discuss current trends and future challenges in reinsurance
• Develop a comprehensive reinsurance strategy for a hypothetical insurer

Topics:
• Alternative risk transfer: insurance-linked securities, catastrophe bonds
• Emerging risks and reinsurance solutions
• Case study 1: Property catastrophe reinsurance program
• Case study 2: Liability excess of loss treaty
• Current trends: reinsurance market cycle, capital adequacy
• Group discussion: future of reinsurance management

Practicals

No practicals for this training.

This course is made up of exercises and case studies delivered alongside the theory — no separate practical sessions are required to complete it.

Summatives

Each delegate is assessed continuously throughout the course and a final summative test at the end.

Daily Exercises — 30%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 30% to the final total.

Final Test — 70%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 70% to the overall mark.

Final Total
Component Out of Weight
Daily Average (multiple choice) 100% 30%
Final Test (multi-answer multiple choice) 100% 70%
Final Total 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Daily Average 30% + Final Test 70%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

Upcoming Training Sessions
Online training — attend live sessions from anywhere via our virtual classroom.
Start End Delivery Season Price Action
Mon 07 Sep 2026 Fri 11 Sep 2026 Virtual Spring 2026 $913 Register
Mon 21 Sep 2026 Fri 25 Sep 2026 Virtual Spring 2026 $913 Register
Mon 05 Oct 2026 Fri 09 Oct 2026 Virtual Spring 2026 $913 Register
Mon 07 Dec 2026 Fri 11 Dec 2026 Virtual Summer 2026 $913 Register
Mon 04 Jan 2027 Fri 08 Jan 2027 Virtual Summer 2026 $913 Register
Mon 01 Feb 2027 Fri 05 Feb 2027 Virtual Summer 2026 $913 Register
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Mon 07 Jun 2027 Fri 11 Jun 2027 Virtual Winter 2027 $913 Register
Mon 21 Jun 2027 Fri 25 Jun 2027 Virtual Winter 2027 $913 Register
Mon 05 Jul 2027 Fri 09 Jul 2027 Virtual Winter 2027 $913 Register
Mon 06 Sep 2027 Fri 10 Sep 2027 Virtual Spring 2027 $913 Register
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Mon 04 Oct 2027 Fri 08 Oct 2027 Virtual Spring 2027 $913 Register
Mon 06 Dec 2027 Fri 10 Dec 2027 Virtual Summer 2027 $913 Register
Mon 20 Dec 2027 Fri 24 Dec 2027 Virtual Summer 2027 $913 Register
Mon 03 Jan 2028 Fri 07 Jan 2028 Virtual Summer 2027 $913 Register
On-Campus training — face-to-face sessions at our training venues across Africa and beyond.
Showing all 420 sessions across 26 venues
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Mon 24 Aug 2026 Fri 28 Aug 2026 Victoria Falls, Zimbabwe Winter 2026 $2,587 Register
Mon 24 Aug 2026 Fri 28 Aug 2026 Bangkok, Thailand Winter 2026 $5,827 Register
Mon 31 Aug 2026 Fri 04 Sep 2026 Lusaka, Zambia Winter 2026 $2,587 Register
Mon 31 Aug 2026 Fri 04 Sep 2026 London, UK Winter 2026 $5,827 Register
Mon 07 Sep 2026 Fri 11 Sep 2026 Mauritius Spring 2026 $3,343 Register
In-House training — we bring the trainer to your organisation, tailored to your team.
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Mon 14 Sep 2026 Fri 18 Sep 2026 Your Premises Spring 2026 $1,188 Register
Mon 28 Sep 2026 Fri 02 Oct 2026 Your Premises Spring 2026 $1,188 Register
Mon 12 Oct 2026 Fri 16 Oct 2026 Your Premises Spring 2026 $1,188 Register
Mon 14 Dec 2026 Fri 18 Dec 2026 Your Premises Summer 2026 $1,188 Register
Mon 11 Jan 2027 Fri 15 Jan 2027 Your Premises Summer 2026 $1,188 Register
Mon 08 Feb 2027 Fri 12 Feb 2027 Your Premises Summer 2026 $1,188 Register
Mon 08 Mar 2027 Fri 12 Mar 2027 Your Premises Autumn 2027 $1,188 Register
Mon 14 Jun 2027 Fri 18 Jun 2027 Your Premises Winter 2027 $1,188 Register
Mon 28 Jun 2027 Fri 02 Jul 2027 Your Premises Winter 2027 $1,188 Register
Mon 12 Jul 2027 Fri 16 Jul 2027 Your Premises Winter 2027 $1,188 Register
Mon 13 Sep 2027 Fri 17 Sep 2027 Your Premises Spring 2027 $1,188 Register
Mon 27 Sep 2027 Fri 01 Oct 2027 Your Premises Spring 2027 $1,188 Register
Mon 11 Oct 2027 Fri 15 Oct 2027 Your Premises Spring 2027 $1,188 Register
Mon 13 Dec 2027 Fri 17 Dec 2027 Your Premises Summer 2027 $1,188 Register
Mon 27 Dec 2027 Fri 31 Dec 2027 Your Premises Summer 2027 $1,188 Register
Mon 10 Jan 2028 Fri 14 Jan 2028 Your Premises Summer 2027 $1,188 Register
Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

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