15th November, 2017
Johannesburg, South Africa
The Reinsurance Accounts course will help the participants gain an understanding of reinsurance accounting principles, proportional treaty account, dealing with excess of loss premiums and claims, and understanding of outstanding loss reserves.
The course is intended to highlight the concept of Premium Portfolio and Loss Portfolio Transfers, the methods to calculate various commissions such as flat, sliding scale, overriding and profit commission, unearned premium reserves, and much more. The Reinsurance Accounts course is dedicated to provide a platform for industry participants who are newly working in a reinsurance accounting department or who have some knowledge of reinsurance principles and require a more detailed understanding of the operation of a reinsurance account.
Course Timing : 9:00am to 5:00pm
He is a thorough reinsurance professional, experienced in working with various reinsurance markets including Lloyds, Europe, USA, Asia and Africa. He is MBA in Insurance & Finance and a Fellow of Insurance Institute of India. At present, he is working as Chief Underwriting Officer of GIC Re South Africa Ltd which is a wholly owned subsidiary of GIC Re, India. He has been largely responsible for setting up Underwriting, Claims and Risk Management Function at GIC Re South Africa Ltd which started its operations in late 2014.
He is also heavily involved in setting up systems for SAM (Solvency Assessment & Management) Compliance in South Africa.
His achievements include setting up of Reinsurance (Underwriting/Claims), Risk Management and SAM compliance function of GIC Re South Africa Ltd within a short span of 8-9 months. In GIC Re, Mumbai he was largely responsible for rationalization, revitalization and portfolio optimization of inward retrocession treaty business in the aftermath of CAT Events of 2011. This exercise resulted in a balanced and diversified portfolio which enabled GIC Re to recover all losses within 2-3 years. He was also the key underwriting analyst in GIC’s Strategic Investment in Lloyd’s Capital Quota Share wherein ROE exceeded 10%. This also resulted in setting up GIC Re as a Corporate Member of Lloyds of London.
His core competencies include underwriting, claims, risk management and SAM framework.
Register 3 Send 4th One Free
Register 3 Send 4th One Free Any organization wishing to send multiple attendees to this course may send 1 FREE for every 3 participants registered. Please note that all the 3 participants must register at the same time to avail this benefit.
Note: All payments are made in US Dollars.
Registration fee only covers cost of all sessions, luncheon, coffee/tea & presentations. Fee does NOT include any travel or accommodation expenses. Fee is not inclusive of 5% Admin/Bank Charges.
Radisson Blu Gautrain Hotel, Sandton Johannesburg
Address: Rivonia Road, Sandton, Johannesburg, 2196, South Africa
Phone: +27 11 286 1000