Aviation Reinsurance Underwriting

Public Short Course

HRD Training Prog No 10001534449
Date & Time 21 April 2025 
9.00 a.m. – 1.00 p.m.  
Registration Deadline 18 April 2025
Learning FormatVirtual Instructor Led Training

Overview

Aviation reinsurance plays an important part in the insurance transaction. This workshop provides mechanism and methodology on how aviation reinsurance is done.

Learning Outcome

At the end of the programme, participants should be able to:
1. Identify and explain the aviation insurance.
2. Describe the theory in reinsurance practice and formation of aviation reinsurance contract.
3. List down and explain the different types of aviation reinsurance.
4. Demonstrate the extent of aviation reinsurer’s liabilities.

Recommended For

  • Insurance Underwriters
  • Reinsurers
  • Insurance Claims Handlers
  • Regulators and Compliance
  • Aviation Insurers
  • Loss adjuster
  • Aviation Lawyers

Aviation Reinsurance Underwriting

For Inquiries

Sales

+603 2712 8882

Programme Structure

  1. Theory of reinsurance practice and formation of contract
    – Introduction to aviation Insurance(general and commercial)
    – Role of reinsurance broker in selecting reinsurance underwriters
    – Parties to the reinsurance contract formation
    – Principles of insurance law applicable to reinsurance
    – Fronting
    – Retrospective reinsurance
    – Pooling and alternate risk transfer
  2. Different types of aviation reinsurance
    – Facultative reinsurance: Meaning of facultative
    – Treaty reinsurance: Quota –share treaty, Surplus treaties, Excess of loss treaties, Burning cost system, Catastrophe Excess treaty, Inward reinsurance, Risks excess treaties & rating, Stop loss treaties
  3. Extent of the reinsurer’s liabilities
    – Losses
    – Ultimate net loss
    – Paying for the reinsured’s settlements
    – Follow the fortune
    – Aggregation of claims
    – Aggregate extension clauses
    – Claims cooperation
    – Claims control
    – Practical reinsurance problems

Fees

Fees

Early bird (register before 21 March 2025) 

 Member Single – RM550 / USD130 

Non-Member Single – RM650 / USD160 

  

Normal Fees (closing on 18 April 2025) 

 Member Single – RM650 / USD160 

Non-Member Single – RM750 / USD180 

 

Member Group of 3 – RM500 / USD120 

Non-Member Group of 3 – RM600 / USD140