Reinsurance plays a major role in reducing an insurer’s exposure to losses, assisting with capital management and protecting solvency. A significant amount of reinsurance is placed within the Lloyd’s and London market.

The purpose of this programme is to introduce delegates to the different types of reinsurance available so that they gain an understanding of its purpose and how it works. The programme will also introduce delegates to the method of placement, how to obtain best coverage and the legal aspects of reinsurance. The last two modules introduce delegates to basic claims scenarios and calculations, so that they can see the impact of different cover from a claims perspective and how contentious issues can be resolved via mediation.

Delegates will participate in group exercises and interactive scenarios, including mock mediation designed to bring the subject matter to life.