Insurance and Reinsurance Accounting

Insurance and Reinsurance Accounting

BACKGROUND

Insurance accounting has unique features that need to be understood. On the other hand, Reinsurance accounting is a key function of reinsurance operations and plays a big role in understanding the bigger financial picture. There is no doubt that the world of reinsurance administration is a complex place. While there are many moving pieces to consider, understanding the accounting principles behind the ceding and assuming transaction is crucial. This course will give insights into key aspects of the two areas.

 

COURSE OBJECTIVES

After attending this course, the participant must be able to:

  • Identify the unique features of insurance and Reinsurance Accounting
  • Apply the knowledge gained in the organisation’s operations
  • Prepare the relevant accounts

Course Content

  • Special Nature of Reinsurance Accounts
  • Formats and Methods of Reinsurance Accounts
  • Reserves in Reinsurance Accounting
  • Reinsurance recoveries treatment

Target Group

  • Staff in Insurance Companies engaged in underwriting and those in Claims Departments
  • Staff in Reinsurance Companies
  • Reinsurance staff in insurance companies
  • Insurance staff in insurance departments in non-insurance organisations

Cost: 20,000.00


 

How to apply

All candidates must follow the application steps where they provide their details and select units. An invoice will be sent to the email address of the applicant with payment instructions.


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