On 25th April, we held our 12th intake of Basic Reinsurance Concept. Various Reinsurances practitioners working in non-technical functional areas such as communications, finance, and general administration joined the class.
In this course, the trainer, @Mr Shiva, introduced the difference between insurance and reinsurance coverage, the type of reinsurance available in the market, the lifecycle of a reinsurance contract, and the key job roles in a reinsurance company.
At the end of the course, we learned the fundamental concepts and practices in reinsurance, enabling us to understand how treaty contracts are created and appreciate their roles in insurers' risk management.
Stay tuned for more updates with #SRA
