Programme Highlights
This is a virtual course on Alternative Risk Transfers. In part 1 of the presentation, it will cover why insurance organisations need capital and outline the three common types of capital. In part 2, it will discuss the purpose of using reinsurance, an introduction to Alternative Risk Transfer (ART), an example of insurance linked securities, the advantages and disadvantages of ART and the future of ART. In part 3, the risk financing options will be examined, as well as the implementation of these options including their evaluation criteria.
For Whom
Key Learning Objectives
At the end of the course, the participants should be able to :
- understand the application of index linked insurance
Programme Outline
Part 1 – Introduction to RBC
Part 2 – Alternative Reinsurance Structures
- Introduction to Index linked insurance
- Difference between Index linked insurance and traditional insurance
- Examples and use cases of Index linked insurance
Part 3 - Alternative Risk Transfer (ART)