Académique Documents
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Agenda
Policy conditions
Marketing and Pricing
Reinsurance
Profit and Capital
The lecture will consist almost
entirely going over the questions
listed. Everyone should have at
least one chance to answer over
a 2 week period
Activity
Details
Hours
2
3
Reading:
Exercises
Preparation:
Attendance:
TOTAL
10
Policy conditions
What are the normal benefits, charges and exclusions for the following:
Underwriting
What are the important underwriting factors for the following:
Functions of Reinsurance
Financing
Stabilization
Capacity
Catastrophe Protection
Services
Source: Robert D. Graham, General Reinsurance Corporation
Overview of Property and Casualty Reinsurance
It is not Alchemy.
Discussion 1
Most smaller superannuation funds outsource part or all of their member &
investment administration. What is their operational risk?
10
Discussion 2
How would you decide how much reinsurance to hold?
11
Discussion 3
If you were a general insurer and just suffered a heavy underwriting loss as a
result of an extreme event so that both profit and capital were down, would
you then increase reserves as well and exacerbate the loss?
12