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Description of The Nuts and Bolts of Reinsurance

The Nuts and Bolts of Reinsurance clearly explains the basic concepts of reinsurance and gradually leads the reader through technical minefields of portfolio transfers, profit commission calcualtions, reinstatement of premiums, hours clauses, wordings, excess of loss cover and rating, to name but a few of the topics covered.

Through practical exercises and worked examples it teaches the reader how to appreciate the effects of changes in reinsurance programme design. The book takes the effects of changes in reinsurance programme design. The book takes the unusual approach of describing in detail the construction of spreadsheet models which can be used in a number of analytical situations.

This is an in dispensable guide for all those working in the reinsurance market, particularly brokers and underwriters, it will also be of use to reinsurance managers of insurance cpmpanies, auditors, lawyers and financial managers.

Title Information

ISBN:

9781859785706

Pages:

183 pages

Format:

Paperback

Product Code:

19163

Publisher:

Informa Finance

Published:

04/01/2000

Edition:

New edition

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Contents of The Nuts and Bolts of Reinsurance

1. What is reinsurance, and why do we need it?

2. Types of Reisurance

3. Treaty Reinsurance - Financial Aspects

4. Proportional Treaty Wordings and Clausing

5. Designing a Property Reinsurance

6. Excess of Loss Covers

7. Excess of Loss Rating

8. Market Evolution

9. Over to You

Appendix 1. Answers to Practical exercise 1

Appendix 2. Answers to Practical exercise 2

Appendix 3. Answers to Practical exercise 3

Appendix 4. Specimaen Scale of Property First Loss Rates

Appendix 5. Specimen Treaty Wordings

Index