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12 CPD hours

The Reinsurance Industry: Fundamentals, Markets, Law and Practice Training Course ★★★★★

Phillippa Rowe

Master reinsurance fundamentals in this intensive 2-day training course covering legal frameworks, market dynamics, claims management, and practical applications with industry experts. More details...

Questions?
Contact Aleksandra about this course, or call us on +44 7749 4749

Live online

09:30 - 17:00 UK (London) (UTC+00)
10:30 - 18:00 Paris (UTC+01)
05:30 - 13:00 New York (UTC-04)

Course code 17061

3rd place FREE

£1,199 / €1,679 / $1,927

Pricing details: multiple places, early booking discounts

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Live online

09:30 - 17:00 UK (London) (UTC+01)
10:30 - 18:00 Paris (UTC+02)
04:30 - 12:00 New York (UTC-04)

Course code 17319

3rd place FREE

£1,199 / €1,679 / $1,927

Pricing details: multiple places, early booking discounts

View basket

Tailored to your team's requirements, at your choice of location or online.

From

£950

Per delegate, based on 10 delegates and a duration of 2 days

Contact our in-house team

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Course overview

Reinsurance is often described simply as ‘insurance for insurers’ - a mechanism for transferring risk, protecting capital and stabilising results. In practice, however, it is a highly complex global system, combining underwriting judgement, financial structures, legal frameworks and market practice. It is the key risk management tool for all insurers.

From the structuring of proportional and excess of loss treaties, through to contract wording, claims handling and dispute resolution, reinsurance operates across multiple disciplines and jurisdictions. Small differences in structure, terminology or interpretation can have significant financial and legal consequences.

As the market continues to evolve - through regulatory change, globalisation, alternative risk transfer and increasing scrutiny of contract certainty - professionals are often required to specialise. This can make it challenging to maintain a clear, end-to-end understanding of how the reinsurance chain operates in practice.

This comprehensive and highly practical programme is designed to address that gap. It provides a structured, end-to-end view of the reinsurance lifecycle, covering:

Core concepts and structures (facultative and treaty reinsurance)
Underwriting principles and portfolio management
Contract wordings and key legal concepts, including the latest legal decisions.
Market practice across major global reinsurance centres
Regulatory frameworks and developments, including the Insurance Act 2015
Claims management, reserving and run-off
Dispute resolution, including arbitration and international considerations

Through a combination of expert-led sessions and practical workshops, delegates will develop both technical understanding and practical application, enabling them to navigate the reinsurance market with greater confidence.

Whether you are new to reinsurance or looking to reconnect with the broader market dynamics, this course offers a clear, integrated and commercially focused understanding of the industry as a whole.

The experienced faculty will demystify all aspects of the reinsurance industry that participants might be new to, unfamiliar with or have lost touch with, including:

Part 1: The building blocks – understand the need for reinsurance and its relevance to your role
Part 2: The reinsurance market – get-to-grips with the role of the reinsurance market and how it works
Part 3: The legal and regulatory framework – build your knowledge of how the industry is controlled and regulated
Part 4: Practical applications – Demystify the terminology and activities that are specific to the insurance industry

This training course is part of our Commercial & Business Law Training Course collection which has been designed for the in-house lawyer.

Benefits of attending

By attending this comprehensive training course, you will:

Gain a clear, end-to-end understanding of the reinsurance lifecycle, from placement and underwriting through to claims and dispute resolution
Build practical knowledge of facultative and treaty reinsurance structures, including how proportional and excess of loss contracts operate in practice
Develop confidence in interpreting reinsurance contract wordings and key clauses, and understand how they perform in real-world scenarios
Understand the legal and regulatory framework, including the Insurance Act 2015, and how it impacts reinsurance contracts and disputes
Explore how the global reinsurance market operates, including the roles of brokers, underwriters and major international centres
Strengthen your understanding of claims management, reserving and long-tail liabilities, including practical challenges and best practice approaches
Gain insight into run-off, insolvency and alternative risk transfer mechanisms, and their impact on recoveries and portfolio management
Learn how reinsurance disputes arise and are resolved, including arbitration, jurisdictional issues and international considerations

Who should attend?

This training course has been designed specifically for:

Reinsurance company employees
Reinsurance broker company employees
Insurance and reinsurance company professionals
Lawyers in private practice
Regulators
Brokers
Insurance and reinsurance consultants and advisers

Plus, those who have recently joined the reinsurance industry and suppliers to the industry including software, recruitment and accountancy personnel.

Popular with...

This course has proven particularly popular among our customers in these roles:

Broker
Claims Technician
Reinsurance Technician
Technical Assistant

Enrol/reserve

Phillippa Rowe
Phillippa Ross & Co

Phillippa Rowe, senior partner of independent reinsurance consultants Phillippa Ross & Co., has over 30 years experience of insurance and reinsurance claims in Lloyd’s and the London market and internationally. She began her reinsurance career with 15 years with the Kiln group at Lloyd’s. She currently acts as arbitrator, mediator, expert witness and technical consultant in a wide range of claims, wordings and market practice matters and writes, lectures and provides training courses on similar subjects.

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Simon Cooper
DWF

Simon is a consultant in the Global Speciality & Financial Risks team at DWF Law LLP. He has more than 35 years’ experience of advising clients in the London and international insurance and reinsurance markets and has extensive experience of acting in large scale disputes in England and Internationally. Simon also has comprehensive experience of mediation and other forms of Alternative Dispute Resolution.

Simon is a member of the IUA Clauses Subcommittee and past secretary of the International Bar Association's insurance committee. He edited the second edition of ‘Reinsurance Practice & the Law’ and writes and lectures frequently on legal issues. He is the current Lloyd's Members Ombudsman

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Richard Cook
PICC Solutions Ltd.

Richard Cook is Managing Director of PICC Solutions. He was previously Head of Technical Adjusting at Charles Taylor Insurance Services and Head of Reinsurance at Xchanging Claims Services. He has over 37 years insurance claims experience in the Lloyd’s and London Insurance Company Market; joining Xchanging from a specialist Reinsurance Lloyd’s Managing Agency, where he was the Group Claims Manager. He has served on numerous major London Market claims committees and has appeared as a Fact Witness in coverage litigation before various United States Federal and State Courts. He has acted as an Expert Witness on London Market Claims Practice in the United States Federal Court in New York and in the High Court in London.

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David Brackenbury
David Brackenbury Associates

David Brackenbury has been working in the Lloyd’s Market since 1980. A Broker for 26 years, in 2006, David set up David Brackenbury Associates, a consultancy that brings experts in loss adjusting, forensic accounting, audit, compliance and investigative services from around the world to the Lloyd’s, London and European insurance marketplace. David is a Board Member of the Association of Insurance and Reinsurance Service Providers (AIRSP) and is a Practicing Associate of the Academy of Experts. David has been involved throughout his career with the negotiation and settlement of losses in the Lloyd’s, London and international insurance and reinsurance markets.

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Discounts for multiple bookings - bring your colleagues to make your training budget go further:

2nd delegate: 30% off
3rd delegate: 40% off - or FREE for advance bookings (12 weeks or more)
4th delegate: 50% off
5+ delegates: contact us for group or bespoke bookings

17-18 March 27

Live online

09:30-17:00 UK (London) (UTC+00)
10:30-18:00 Paris (UTC+01)
05:30-13:00 New York (UTC-04)
Timings may be different for each day
Course code 17061

GBP 1,199 1,399
EUR 1,679 1,959
USD 1,927 2,239

3rd place FREE until 23 Dec

2 days live online training
Browser-based, no download usually required
See presenters and interact with fellow attendees
Download documentation and certification of completion
Fair transfer and cancellation policy

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Not ready to book yet?

for 7 days, no obligation

21-22 September 27

Live online

09:30-17:00 UK (London) (UTC+01)
10:30-18:00 Paris (UTC+02)
04:30-12:00 New York (UTC-04)
Timings may be different for each day
Course code 17319

GBP 1,199 1,399
EUR 1,679 1,959
USD 1,927 2,239

3rd place FREE until 29 Jun

2 days live online training
Browser-based, no download usually required
See presenters and interact with fellow attendees
Download documentation and certification of completion
Fair transfer and cancellation policy

View basket

Not ready to book yet?

for 7 days, no obligation

* Early booking discounts may not be combined with other discounts or offers. As such, the discounts for 2nd/3rd/4th delegates are based on the full price; and apply only when booking multiple delegates on the same date.

Reviews of IPI's The Reinsurance Industry: Fundamentals, Markets, Law and Practice training course

Very complete and exhaustive explanation of the main points to be aware of when working within the reinsurance industry.

Nov 6 2024

Laura Garcia Martinez United Kingdom
Assistant Wordings Specialist, Liberty Specialty Markets

Jun 6 2023

The speakers spoke very clearly and were very informative leaving plenty of time for questions. The content was laid out very well, I particularly found Richards slides to be very easy to read and altogether I found the presentation to be very clear and easy to understand although I do think the timing was an issue in some parts.

Ciaran Dempsey Ireland
Reinsurance Technician, Ffh Management

Oct 11 2023

I wanted to get an overview on the reinsurance industry. The majority of the topics covered were interesting to me. Phillippa took her time to answer all my questions and provide helpful insight based on her experience in the industry.

Samer Samara Luxembourg
Head of Operations, Barents Re

Apr 28 2016

Easy to understand, even for a non-English specialist like me!

Michael Foerster Luxembourg
Builders Insurance Holdings S.A.

Apr 29 2015

Great course but the it's length could to be extended

Khalid alhusain Saudi Arabia
Credit insurance specilaist, Saudi fund fro development

Apr 29 2014

Content was very informative, relevant and for the majority of the time was clear. I think it could benefit from some areas being explained in more simple terms.

Gemma Manning United Kingdom
BAI Claims Services Limited

Apr 29 2014

Easy to follow apart from a few technical areas (legislation) which were harder to understand. Speakers were friendly, interactive and spoke clearly.

Lucy Henry United Kingdom
Claims Technician, Amlin plc

Apr 29 2014

Good quality content. Well and clearly presented.

Paul Lavender United Kingdom
Finance Director, Elite Insurance Co Ltd

Apr 30 2013

Good job, presentation was good, maybe some of the speakers could speak more slowly.

Kristian Egebjerg Simoni Denmark
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